Is San Buenaventura (Ventura), CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, San Buenaventura (Ventura) has remained a Seller's Market.
Key Takeaway
San Buenaventura (Ventura) is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in San Buenaventura (Ventura), CA
How much do homes in San Buenaventura (Ventura), CA cost?
Median Sold Price
$853,750
$538/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in San Buenaventura (Ventura) have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in San Buenaventura (Ventura) was $853,750 in March 2024, up 6.7% from last year, and the median price per square foot was $538.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $447.5K | -10.5% |
| 2 Bedrooms | $575K | $599.2K | +4.2% |
| 3 Bedrooms | $790K | $864.3K | +9.4% |
| 4 Bedrooms | $930K | $949K | +2.0% |
| 5+ Bedrooms | $1.2M | $1.1M | -8.3% |
Summary: San Buenaventura (Ventura) housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.5%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Cities
| San Buenaventura (Ventura) | $799.9K | $853.7K | +6.7% |
| Ventura | $799.7K | $850K | +6.3% |
| Ojai-Mira Monte | $1.0M | $1.0M | +2.4% |
Housing Supply in San Buenaventura (Ventura), CA
How many homes are available in San Buenaventura (Ventura), CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 190 | 201 | +5.8% |
Summary: The San Buenaventura (Ventura) real estate market had 201 homes for sale in March 2024, a 5.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 4 | +300.0% |
| 2 Bedrooms | 51 | 50 | -2.0% |
| 3 Bedrooms | 69 | 69 | 0.0% |
| 4 Bedrooms | 57 | 62 | +8.8% |
| 5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The San Buenaventura (Ventura) housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 45 | 61 | +35.6% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in San Buenaventura (Ventura), you could pay more than the asking price. 47.5% of homes here sold above asking price last month.
Summary: A total of 61 homes were sold or pending in San Buenaventura (Ventura) in March 2024, up by 35.6% month-over-month. Of the 61 sold homes, 33% were sold under asking, 20% were sold at asking, and 48% were sold over asking.
Days on Market for San Buenaventura (Ventura), CA
How long does it take to sell a home in San Buenaventura (Ventura), CA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 25 Days | -45.9% |
Summary: Homes in San Buenaventura (Ventura) had an average of 25 days on market in Mar 2024, down by 45.9% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in San Buenaventura (Ventura) are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 61 homes were sold in San Buenaventura (Ventura); 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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