Is Camarillo, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Camarillo is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Camarillo has remained a Seller's Market.

Key Takeaway

Camarillo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Camarillo, CA

How much do homes in Camarillo, CA cost?

Median Sold Price

$819,326

$483/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$45,364(+5.9%)

Key Takeaway

Homes in Camarillo have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Camarillo was $819,326 in March 2024, up 5.9% from last year, and the median price per square foot was $483.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $410K$452.5K
+10.4%
2 $595K$600.5K
+0.9%
3 $755K$800.5K
+6.0%
4 $915.3K$985K
+7.6%
5+ $1.2M$1.1M
-7.6%

Summary: Camarillo housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 7.6%.

Median Sold Price Compared To Nearby Cities

Camarillo
+5.9%
Thousand Oaks
+4.6%

Housing Supply in Camarillo, CA

How many homes are available in Camarillo, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
157155-1.3%

Summary: The Camarillo real estate market had 155 homes for sale in March 2024, a 1.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 4639
-15.2%
3 5450
-7.4%
4 3942
+7.7%
5+ 1824
+33.3%

Summary: The Camarillo housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.2%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5239-25.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Camarillo, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.

Summary: A total of 39 homes were sold or pending in Camarillo in March 2024, down by 25.0% month-over-month. Of the 39 sold homes, 33% were sold under asking, 21% were sold at asking, and 46% were sold over asking.

Days on Market for Camarillo, CA

How long does it take to sell a home in Camarillo, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
36 Days27 Days-24.2%

Summary: Homes in Camarillo had an average of 27 days on market in Mar 2024, down by 24.2% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Camarillo are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 39 homes were sold in Camarillo; 72% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Camarillo, CA

Nearby Markets to Camarillo, CA

What housing markets are near Camarillo, CA?