Housing Price Changes in Southern California

Between May 2006 and May 2007, the median* price of a home in Southern California has dropped by typically about 5%.

Town	May 2006	May 2007	Pct. Change
Camarillo	$686,000	$575,000	- 16.2
Fillmore	$565,000	$565,000	0.0
Moorpark	$610,000	$662,000	8.4
Oak View	$599,000	$561,000	- 6.3
Ojai	$640,000	$639,000	- 0.2
Oxnard	$595,000	$540,000	- 0.2
Port Hueneme	$378,500	$374,000	- 1.2
Santa Paula	$513,000	$496,000	- 3.5
Simi Valley	$588,000	$555,000	- 5.6
Thousand Oaks	$686,500	$687,500	0.1
Ventura	$601,000	$579,250	- 5.1
Ventura County	$625,000	$594,000	- 5.0

* The Median is the price for which half the homes cost more and half the homes cost less.

Source: California Economic Forecast and First American Real Estate Solutions.