This Week's Home Prices in Moorpark
Real estate market data provided by Ryan Huggins of Huggins Homes
About the Moorpark Area
Moorpark was founded when the application for the Moorpark Post Office was granted on June 1, 1900. The townsite of Moorpark was owned and surveyed by Robert Poindexter and his wife, Madeline. The town has experienced a great amount of growth since the late 1970s. The population was 34,421 at the 2010 census, up from 31,415 at the 2000 census.
The origin of the name "Moorpark" is unknown, but several sources have been suggested. Of these most sources agree that its origin was Admiral Lord Anson's estate Moor Park in Hertfordshire, England where he introduced the apricot in 1688. It is mainly believed that the town of Moorpark is named after the Moorpark Apricot, which used to grow in the area. This was confirmed by Robert Poindexter, the founder of Moorpark, in 1927. One other theory of the name is that when the Southern Pacific Railroad was surveying the local land in the 19th century for its railway, someone in the party said that the area, with its sloping hills, looked like the Scottish Moors. Hence the name Moorpark.
The valley where Moorpark is located was originally inhabited by the Chumash. The area was part of the large Rancho Simi land grant given in 1795 to the Pico brothers by Governor Diego de Borica of Alta California.
Robert W. Poindexter, the secretary of the Simi Land Company, received the land that made up the original townsite of Moorpark when the association was disbanded in 1887. Moorpark was founded in 1900 when the application for a post office was submitted. The application lists that there was already a railroad depot in the town. The town grew after the 1904 completion of a 7,369-foot (2,246 m) tunnel through the Santa Susana Mountains, which allowed the Southern Pacific Railroad to establish a depot there, a depot which lasted until 1965.
Moorpark was one of the first cities to run off nuclear power in the entire world, and the first in the United States. For one hour on November 12, 1957 this fact was featured on Edwin R. Murrow's "See It Now" television show. The reactor, called the Sodium Reactor Experiment was built by the Atomics International division of North American Aviation at the nearby Santa Susana Field Laboratory. The Sodium Reactor Experiment operated from 1957 to 1964 and produced 7.5 megawatts of electrical power at a Southern California Edison-supplied generating station.
Moorpark College opened on September 11, 1967. Moorpark College is one of the few colleges that features an Exotic Animal Training and Management Program.
Twenty years later, Moorpark was incorporated as a city on July 1, 1983.
In March 2005, the fairly complete remains (about 75%) of an unusually old mammoth, possibly the rare Southern mammoth (Mammuthus meridionalis), were discovered in the foothills of Moorpark at the site of a housing development
City divisions and neighborhoods
- "Old Town Moorpark" is the area surrounding High Street, and is the historic center of the city. A feature of the downtown area are the pepper trees that line High Street, planted by Robert Poindexter who was responsible for the plotting and mapping of the town. This area also features the High Street Arts Center (a Performing Arts center operated by the City of Moorpark), and various restaurants and businesses.
- The Peach Hill and Mountain Meadows neighborhoods are south of the Arroyo Simi, and most of the homes here were built within the last 30 years. Moorpark High School is in this area, as well as many parks, including the Arroyo Vista Park and Recreation Center, the city's largest park. This area contains a large part of the city's population.
- Campus Park is dominated by Moorpark College. An additional substantial development is occurring to the north of the existing city, in the area of the Moorpark Country Club.
Moorpark Real Estate Report SummaryBelow is a current market snapshot of the Moorpark area:
|Moorpark||This week||Last week||Difference|
|Sold (over the last six months):||172||166||6|
|Median list price:||$699,000.00||$699,000.00||$0|
|Median sales price:||$665,000.00||$665,000.00||$0|
|Median days on market:||47||48||-1|
|Months of inventory:||2.75|
|Market Type||Seller's Market|
There are traditionally three types of real estate markets, the Buyer's Market, the Seller's Market and the Balanced Market. I have taken this one step further and developed the "Strong" versions of the Buyer's and Seller's Market. The strong markets are within 2.5 months of the end of the spectrum. These markets are determined by the number of months it will take to sell all the homes actively on the market, at any given time.
Below is the scale I developed to determine the type of market each area is in:
Strong Seller's: 2.5 months or less
Seller's: Less than 6 months
Balanced: 6 months
Buyer's: 7 months or more
Strong Buyer's: 9.5 months or more
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