Is Ojai-Mira Monte, 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-Mira Monte was a Seller's Market.
Housing Prices in Ojai-Mira Monte, CA
How much do homes in Ojai-Mira Monte, CA cost?
Median Sold Price
$1,160,000
$727/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Ojai-Mira Monte was $1,160,000 in June 2024, up 7.2% from last year, and the median price per square foot was $727.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $780K | $897.5K | +15.1% |
2 Bedrooms | $815K | $850K | +4.3% |
3 Bedrooms | $1.0M | $1.1M | +11.0% |
4 Bedrooms | $1.4M | $1.3M | -4.6% |
5+ Bedrooms | $1.7M | $3.7M | +109.4% |
Summary: Ojai-Mira Monte housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.1%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 109.4%.
Housing Supply in Ojai-Mira Monte, CA
How many homes are available in Ojai-Mira Monte, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
149 | 146 | -2.0% |
Summary: The Ojai-Mira Monte real estate market had 146 homes for sale in June 2024, a 2.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 15 | 13 | -13.3% |
3 Bedrooms | 62 | 63 | +1.6% |
4 Bedrooms | 42 | 38 | -9.5% |
5+ Bedrooms | 28 | 30 | +7.1% |
Summary: The Ojai-Mira Monte 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 decreased by 13.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
25 | 21 | -16.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Ojai-Mira Monte in June 2024, down by 16.0% month-over-month. Of the 21 sold homes, 62% were sold under asking, 14% were sold at asking, and 24% were sold over asking.
Days on Market for Ojai-Mira Monte, CA
How long does it take to sell a home in Ojai-Mira Monte, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
46 Days | 68 Days | +48.8% |
Summary: Homes in Ojai-Mira Monte had an average of 68 days on market in Jun 2024, up by 48.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During June 2024, 21 homes were sold in Ojai-Mira Monte; 52% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.