Is Ojai-Mira Monte, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ojai-Mira Monte is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Ojai-Mira Monte has remained a Seller's Market.

Key Takeaway

Ojai-Mira Monte is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Ojai-Mira Monte, CA cost?

Median Sold Price

$1,128,766

$680/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$237,100(+26.6%)

Key Takeaway

Homes in Ojai-Mira Monte have sold for 26.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $595K$742.5K
+24.8%
2 $744K$825K
+10.9%
3 $870K$1.0M
+18.1%
4 $1.5M$1.3M
-8.6%
5+ $1.9M$1.9M
+1.3%

Median Sold Price Compared To Nearby Cities

Ojai-Mira Monte
+26.6%
Ojai
+21.3%
Oak View
+13.6%
Ventura
+7.8%

How many homes are available in Ojai-Mira Monte, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
7275+4.2%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 21
-50.0%
2 1111
0.0%
3 3133
+6.5%
4 1817
-5.6%
5+ 1013
+30.0%

Number of Homes Sold

Oct 2022Nov 2022%
1316+23.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ojai-Mira Monte, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
44 Days46 Days+5.3%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ojai-Mira Monte are selling fast, if you're buying plan to act quickly.

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

About Ojai-Mira Monte, CA

Homes for sale in Ojai-Mira Monte, CA have reached 75. The number of homes for sale in Ojai-Mira Monte, CA increased by 4.2% between October 2022 and November 2022. While the average time on the market in November 2022 was 46 days, the median list price was $1,128,766. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 24.8%, 2 bedrooms properties prices increased by 10.9%, 3 bedrooms properties prices increased by 18.1%, prices of 4 bedrooms properties decreased by 8.6%, prices of 5 bedrooms properties went up by 1.3%. This housing market inventory have changed: 1 bedroom homes inventory decreased by 50%, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes inventory increased by 6.5%, 4 bedrooms homes became 5.6% less available, 5 bedrooms homes became 30% more available. In November 2022, from all listings sold in Ojai-Mira Monte, CA there were more than 5 sold above asking price, over 10 sold below and more than 1 were sold right at the asked price.

Related Housing Market Reports