Somis Homes For Sale Market Trends Report, Dec 2015

    The Somis Real Estate market in December showed different trends in different price ranges.

    For homes priced below $1 million there was One Sale in December, priced at $310 per sq ft.  There is Two Months worth of inventory for homes priced below $1 million.

    For homes priced between $1 million – $2 million, it continues to be a buyers market. There is over 5 months worth of inventory in this price range.

    Most (but not all) of the properties priced above $ 2 million are 20 ac estates. Some are commercial ranches.  There is over 8 months of inventory in this price range.

    We currently have a 1 acre equestrian ranch pocket listing.  5br/3bth with six-stall barn, priced at $865,000.

    Somis Dec 2015

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