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  • Writer's pictureFidencio Tamayo

June 2023 CSMAR Report: Real Estate Stats for the Conejo Simi Moorpark AORⓇ Service Area


June saw more of the same in the Conejo Valley, Simi Valley and Moorpark areas, with quick sales and homes selling above list price thanks to strong demand and a tight inventory of available homes.


“Thanks to continued strong demand for homes in our market, these reports are starting to sound like a broken record,” said Tim McDougall, 2023 Board President for the Conejo Simi Moorpark Association of REALTORS® (CSMAR). “In June we once again saw home selling quickly and for more than list price on average. The fact that fewer homes were sold is a result of tight inventory, not a reflection of demand. All indicators point to our market remaining in seller’s market territory throughout the summer.”

Median sales prices increased 6.6% in June, from $930,000 to $991,500. The number of closed sales fell 25.7%, from 404 to 300. The median number of days to contract increased 4.5%, from 22 to 23 days. The average percent of list price received decreased 1.8%, from 102.8% to 100.9%. The median price per square foot of homes sold in June decreased 3.2%, from $524 to $507. The number of new listings dropped 27.8%, from 550 to 398. The active inventory of available homes decreased 30.7%, from 652 to 454. The months supply of inventory, which is an estimation of the time it would take to sell off the current level of inventory, decreased 6.5%, from 1.6 to 1.5. A months supply of inventory below five months is typically considered a seller’s market.

  • Median Sales Price: +6.6%

    • June 2023: $991,500

    • June 2022: $930,000


  • Closed Sales: -25.7%

    • June 2023: 300

    • June 2022: 404


  • Median Days to Contract: +4.5%

    • June 2023: 23

    • June 2022: 22


  • Percent of List Price Received: -1.8%

    • June 2023: 100.9%

    • June 2022: 102.8%


  • Median Sold Price Per Square Foot: -3.2%

    • June 2023: $507

    • June 2022: $524


  • New Listings: -27.8%

    • June 2023: 398

    • June 2022: 550


  • Active Inventory: -30.7%

    • June 2023: 454

    • June 2022: 652


  • Months Supply of Inventory: -6.5%

    • June 2023: 1.5

    • June 2022: 1.6


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