Is Ojai, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Ojai was a Seller's Market.
Housing Prices in Ojai, CA
How much do homes in Ojai, CA cost?
Median Sold Price
$1,220,000
$750/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Ojai was $1,220,000 in June 2024, up 6.1% from last year, and the median price per square foot was $750.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $950K | $1.1M | +21.6% |
2 Bedrooms | $800K | $957.5K | +19.7% |
3 Bedrooms | $1.1M | $1.2M | +1.3% |
4 Bedrooms | $2.0M | $1.3M | -30.5% |
5+ Bedrooms | $2.2M | $4.2M | +93.8% |
Summary: Ojai housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 30.5%, and 5+ bedroom homes increased by 93.8%.
Median Sold Price Compared To Nearby Cities
Ojai-Mira Monte | $1.0M | $1.1M | +7.2% |
Ojai | $1.1M | $1.2M | +6.1% |
Housing Supply in Ojai, CA
How many homes are available in Ojai, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
119 | 120 | +0.8% |
Summary: The Ojai real estate market had 120 homes for sale in June 2024, a 0.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 45 | 47 | +4.4% |
4 Bedrooms | 33 | 29 | -12.1% |
5+ Bedrooms | 26 | 29 | +11.5% |
Summary: The Ojai housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes increased by 11.5%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
20 | 16 | -20.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Ojai in June 2024, down by 20.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Ojai, CA
How long does it take to sell a home in Ojai, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
51 Days | 77 Days | +51.1% |
Summary: Homes in Ojai had an average of 77 days on market in Jun 2024, up by 51.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During June 2024, 16 homes were sold in Ojai; 56% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.