The Santa Paula market is heading toward a higher price point. While sales continued an eight-week downward trend, bringing this week's numbers down to four homes sold over the last 30 days, price reductions have slowed to their lowest number since April, with three reported this week. During the same time frame, Oxnard had the most of any other neighboring municipalities with 33 price reductions. The median sales price climbed to $382,500, up from last week's $340,000. Santa Paula is still a definite buyer's market, even after the decrease in price reductions, due to the large nine months of inventory left.
Early bird gets the worm, so be sure to take a look at these new listings in Santa Paula: