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Conejo Valley Home Sales Show Gains for February

VALLEY AND VENTURA COUNTY | VENTURA COUNTY ROUNDUP
/ BARBARA MURPHY

April 07, 1998

There were 221 single-family homes sold in the Conejo Valley in February, compared with 190 in January and 173 a year earlier, according to the Conejo Valley Assn. of Realtors.

The median sale price for single-family homes sold in February was $265,971, up from the February 1997 figure of $241,666. The median price is the point at which half the units sold for more and half for less.

The median price breakdown in February was $195,000 for 13 homes with up to two bedrooms; $229,605 for 75 three-bedroom homes; and $304,411 for 133 homes with four or more bedrooms. Last year the figures were $150,000 for 12 two-bedroom homes, $176,666 for 53 three-bedroom homes, and $304,761 for 108 houses with four or more bedrooms.

There were 74 condominiums sold in the Conejo Valley in February, compared with 70 in January and 55 a year earlier.

The total sales figure for all real estate transactions in February was $85.3 million. A year earlier the total was $60 million.

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