Is Oak View, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oak View is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Oak View, CA cost?

Median Sold Price

$827,500

$602/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$99,000(+13.6%)

Key Takeaway

Homes in Oak View have sold for 13.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $595K$568.5K
-4.5%
2 $586.2K$812.5K
+38.6%
3 $728.5K$805K
+10.5%
4 $777K$1.1M
+48.6%
5+ $1.2M$1.2M
+3.4%

Median Sold Price Compared To Nearby Cities

Ojai-Mira Monte
+26.6%
Oak View
+13.6%
San Buenaventura (Ventura)
+7.9%

How many homes are available in Oak View, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
1819+5.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 11
0.0%
3 89
+12.5%
4 66
0.0%
5+ 33
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oak View, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
23 Days74 Days+218.4%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Oak View has remained consistent over time.

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

About Oak View, CA

Number of homes for sale in Oak View, CA real estate market have reached 19. The inventory of homes for sale in Oak View, CA between October 2022 and November 2022 increased by 5.6%. Listings spent 74 days on the market in November 2022, and had a median list price of $827,500 during the same period. Real estate listing prices changed between October 2022 and November 2022: the cost of 1 bedroom properties went down by 4.5%, 2 bedrooms properties became 38.6% more expensive, prices of 3 bedrooms properties went up by 10.5%, 4 bedrooms properties became 48.6% more expensive, 5 bedrooms properties prices increased by 3.4%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes did not move, 3 bedrooms homes inventory increased by 12.5%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory did not change. Over 2 listings were sold over their listed price in November 2022 in Oak View, CA. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price.

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