Is Ventura, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Ventura has remained a Seller's Market.
Key Takeaway
Ventura is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ventura, CA
How much do homes in Ventura, CA cost?
Median Sold Price
$864,611
$546/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Ventura have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Ventura was $864,611 in June 2024, up 10.6% from last year, and the median price per square foot was $546.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $439K | $479K | +9.1% |
| 2 Bedrooms | $565K | $609K | +7.8% |
| 3 Bedrooms | $780K | $850K | +9.0% |
| 4 Bedrooms | $910K | $995K | +9.3% |
| 5+ Bedrooms | $1.3M | $1.2M | -7.7% |
Summary: Ventura housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
| San Buenaventura (Ventura) | $784.6K | $869.2K | +10.8% |
| Ventura | $781.6K | $864.6K | +10.6% |
| Ojai-Mira Monte | $1.0M | $1.1M | +7.2% |
| Oxnard | $700K | $749.5K | +7.1% |
Housing Supply in Ventura, CA
How many homes are available in Ventura, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 283 | 286 | +1.1% |
Summary: The Ventura real estate market had 286 homes for sale in June 2024, a 1.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 6 | -33.3% |
| 2 Bedrooms | 54 | 57 | +5.6% |
| 3 Bedrooms | 118 | 111 | -5.9% |
| 4 Bedrooms | 76 | 85 | +11.8% |
| 5+ Bedrooms | 26 | 27 | +3.8% |
Summary: The Ventura housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 3.8%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 69 | 70 | +1.4% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ventura, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.
Summary: A total of 70 homes were sold or pending in Ventura in June 2024, up by 1.4% month-over-month. Of the 70 sold homes, 39% were sold under asking, 14% were sold at asking, and 47% were sold over asking.
Days on Market for Ventura, CA
How long does it take to sell a home in Ventura, CA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 29 Days | 26 Days | -10.1% |
Summary: Homes in Ventura had an average of 26 days on market in Jun 2024, down by 10.1% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ventura are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 70 homes were sold in Ventura; 70% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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