Blog Archive – May, 2022

Note:  Some of the links below may take you to a blank page with the verbiage, “This is not a valid link.”  These links have expired from the Ventura MLS and are no longer accessible.  Ojai MLS links are not affected in this way.

Tuesday, May 31, 2022
12:40 p.m.
There are three new listings on (or coming to) the market:

257 N. Lomita Avenue – $1,250,000

 

 

10901 Creek Road – $5,950,000

 

 

 

1122 Forest Avenue – $900,000 (coming soon, 6/2)

 

 

Previous “coming soon” listings now on the market:

 

 

Just a note, I’ve updated the list of 2022 concerts at Libbey Bowl.

 

 

Pic of the Day
Three homeowners later – the toast has yet to be discovered

 

Friday, May 27, 2022
11:50 a.m.
There are five new listings on (or coming to) the market:

 

112 Summer Way – $829,000

 

 

1075 Loma Drive #44 – $175,000

 

 

Koenigstein Road – $795,000

(While this property is listed as being located in Santa Paula, other listings on

Koenigstein have been listed as being located in Ojai, thus I’m including it here.)

 

 

130 Crown Street – $799,999 (coming soon, 5/31)

 

 

 

741 Saddle Lane – $6,900,000 (coming soon, 5/31)

 

 

Here’s an update on current interest rates:

30 yr fixed     Rate:  4.750%     APR:  5.013%     Points:  1.250

15 yr fixed     Rate:  4.000%     APR:  4.419%     Points:  1.125

30 yr FHA     Rate:  4.625%     APR:  5.869%     Points:  1.000

30 yr VA     Rate:  4.500%     APR:  5.003%     Points:  1.000

    USDA      Rate:   4.375%      APR:  5.068%      Points:  1.125

30 yr Jumbo     Rate:  4.750%     APR:  4.906%     Points:  1.000

 

 

Pic of the Day

 

Cocky home stagers be like, “We’ll stage it as a study!”

 

Thursday, May 26, 2022
11:20 a.m.
There is a new listing on the market:

 

616 Mahoney Avenue – $699,000

 

 

Prior “coming soon” listings now on the market:

 

 

 

Pic of the Day
Barry Potter

 

Wednesday, May 25, 2022
11:15 a.m.
There are two new listings on the market:

 

1708 Orchard Drive – $1,800,000

 

 

ojai real estate

581 El Jina Lane – $5,200,000

(While technically a “new listing,” this home sold and closed before being listed in the MLS.)

 

 

Prior “coming soon” listings now on the market:

 

 

Pic of the Day

 

Monday, May 23, 2022
1:00 p.m.
One new listing has come on the market since last Friday:

 

883 Moreno Drive – $1,295,000

 

 

 

Pic of the Day

♫ She gets too hungry, for dinner at eight

She likes the forest and veggies on her plate

She never bothers, she won’t congregate

That’s why this moose is on a tramp ♫

 

Friday, May 20, 2022
5:40 p.m.
There are three more new listings on (or coming to) the market:

 

314 W. Aliso Street #A – $799,000

 

 

950 Woodland Avenue #18 – $279,000

 

 

1385 Cruzero Street – $787,000 (coming soon, 5/26)

9:25 a.m.
There are two new listings on the market:

 

1234 Meyer Road – $3,850,000

 

 

44 Don Antonio Way – $370,000

 

 

 

Don’t forget to check out the list of things to do in Ojai; have a nice weekend!

 

 

Pic of the Day

You may have a point

 

Thursday, May 19, 2022
3:20 p.m.
There are five new listings on the market:

 

615 Crestview Drive – $1,595,000

 

 

80 Watkins Way – $795,000

 

 

3190-A Thacher Road – $1,495,000

 

 

407 Bryant Circle #H – $995,000

 

 

10248 Ojai Santa Paula Road – $2,650,000

(While technically a “new listing,” this home sold and closed before being listed in the MLS.)

 

 

 

Pic of the Day

 

Wednesday, May 18, 2022
10:10 a.m.
There are four new listings on (or coming to) the market:

11065 Creek Road – $1,795,000

 

 

847 Oak Grove Court – $785,000

 

 

930 Fairview Road – $1,699,000

 

 

222 E. Eucalyptus Street – $875,000 (coming soon, 6/5)

 

 

I’ve added a new tab, “2022 Libbey Bowl Concerts” to the website.  Check out all the names that’ll be performing this summer!  There’s nothing like a summer concert at Libbey Bowl.

 

 

Pic of the Day
Classy neighbors

 

Monday, May 16, 2022
11:50 a.m.
There are three new listings on (or coming to) the market:

 

1073 Shippee Lane – $1,995,000

 

 

410 W. Ojai Avenue – $2,300,000

 

 

545 Del Oro Drive – $2,750,000 (coming soon, 5/19)

 

 

 

Pic of the Day
More unnecessary signage

 

Friday, May 13, 2022
8:20 a.m.
There are four new listings on the market:

 

884 S. La Luna Avenue – $1,639,000

 

 

1464 Foothill Road – $2,750,000

 

 

201 Shady Lane – $879,500

 

 

2585 Valley Meadow Court – $1,875,000

 

 

Two of the above listings – 884 S. La Luna Ave. and 201 Shady Lane – might be available for you to take a sneak peek at today during the broker caravan between 9:30 a.m. and 12:00 p.m., but call the listing agent (or your own agent) first to make sure it’s open to the public.  Here are a few prior “coming soon” listings that are now on the market:

 

 

Have yourselves a great weekend!

 

 

Pic of the Day
Because even a trampoline needs to get away from the kids sometimes

 

Wednesday, May 11, 2022
10:50 a.m.
There are no new listings as of yet today.

During times when new listings are merely trickling in, I sometimes struggle to produce relevant content (without simply copying and pasting standard real estate articles).  Thankfully, a family member recently gift a book to me titled “Hair of the Dog -to- Paint the Town Red.”  It’s a book that explains the origins of everyday sayings and other phrases.

You may question the relevance to real estate in this regard, nevertheless, for your entertainment I present you with:

 

More Bang For Your Buck

Meaning:  Better value for your money

In Context:  This cheaper car is just as fast as the large model and give you more bank for your buck.

More Bank For Your Buck originated with the .U.S national security policy in the 1950s under the administration of President Dwight D. Eisenhower.  Known as the “New Look,” the policy increased the military’s stocks of comparatively inexpensive nuclear weapons in order to reduce the number of army personnel and the associated costs.  In 1954, the U.S. Secretary of Defense, Charles Erwin Wilson, coined the phrase “more bang for your buck” when he used it to refer to the policy of using nuclear weapons, instead of a large army, to suppress the threat the Soviet Union posed to democracy.  It is thought that the expression was an adaption of Pepsi’s advertising slogan, “more bounce to the ounce,” which was introduced in 1950.

 

 

Pic of the Day
Presented in lower-case, this seems like merely a suggestion

 

Tuesday, May 10, 2022
9:05 a.m.
There is a new “coming soon” listing on the market:

 

908 Serenidad Place – $2,250,000 (coming soon, 5/12)

 

 

 

Pic of the Day

 

Monday, May 9, 2022
12:55 p.m.
There are two new “coming soon” listings:

 

10 Rio Via Street – $799,000 (coming soon, 5/13)

 

 

99 Don Carlos Way – $290,000 (coming soon, 5/26)

 

 

Prior “coming soon” listings now on the market:

 

 

Pic of the Day

When the new home you’re renovating contains a disturbing surprise.

(Either that,  or “Go Cowboys!”)

 

Friday, May 6, 2022
10:35 a.m.
There are five new listings on (or coming to) the market:

 

111 Portal Street – $799,000

 

 

12688 Ojai Santa Paula Road – $1,200,000

 

 

616 Mahoney Avenue – $699,000

 

 

10525 Ojai Santa Paula Road – $3,825,000 (coming soon, 5/8)

 

 

185 Barbara Street – $715,000 (coming soon, 5/12)

 

 

Here’s the list of things to do this weekend…

 

 

Pic of the Day

Realtors in 2022:

“Would you like to sell your home for top dollar?”

“There’s never been a better time to sell!”

“I guarantee multiple-offers!”

“I’ll lower my commission – I have no skin!”

 

Wednesday, May 4, 2022
10:10 a.m.
There are no new listings as of yet today.

 

 

Pic of the Day
But wouldn’t the poop fall off the leash?

 

Tuesday, May 3, 2022
11:55 a.m.
There are no new listings as of yet today.

Here’s the market update for April, 2022:

 

  • 40 new residential listings came to the market in April, compared to 43 in March.
  • 29 residential properties sold in April, compared to 31 in March (does not include land parcels, commercial properties, or mobile homes).
  • Of the 29 properties that sold in April, 13 were sold over full price, 3 sold at list price, and the rest sold below list price.  (March saw 24 listings sell over full price, none at list price, and the remaining below list price.)  Note:  For purposes of these statistics, “list price” is the original list price of the home and does not take into account any subsequent price reductions (or increases) after the home was initially listed on the market.
  • As of today (May 3rd), there are currently 35 single-family residential homes available on the market (does not include land, commercial property or mobile homes).  For comparison, there were 27 active listings on the market on April 4th.  Of the 35 current active listings, 13 of them are listed under $1,000,000 (there were eight such listings on April 4th).  If I remove the outlier listing that is listed at $100,000,000 in upper Ojai, the average listing price for homes on the market today is $2,019,265 ($2,546,457 on April 4th) while the median home price is $1,450,000 ($1,650,000 on April 4th).

 

 

Pic of the Day

 

Monday, May 2, 2022
11:30 a.m.
There is a new listing on the market:

1202 Loma Drive #97 – $214,500

 

Prior “coming soon” listings now on the market:

 

 

Here’s an updated on interest rates; I’ll have the Ojai market update for you tomorrow.

 

30-year fixed:  5.250%

30-year high balance:  5.875%

FHA:  4.875%

VA:  4.990%

Jumbo:  5.250%

 

 

Pic of the Day
Pivot!

 

 

Click here for archived April, 2022 posts