Is 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, 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
$850,000
$539/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Ventura have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Ventura was $850,000 in March 2024, up 6.3% from last year, and the median price per square foot was $539.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $450K | -10.0% |
| 2 Bedrooms | $575K | $599K | +4.2% |
| 3 Bedrooms | $790K | $861.3K | +9.0% |
| 4 Bedrooms | $930K | $949K | +2.0% |
| 5+ Bedrooms | $1.2M | $1.1M | -6.4% |
Summary: Ventura housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 6.4%.
Median Sold Price Compared To Nearby Cities
| San Buenaventura (Ventura) | $799.9K | $853.7K | +6.7% |
| Ventura | $799.7K | $850K | +6.3% |
| Oxnard | $708.1K | $739.7K | +4.5% |
| Ojai-Mira Monte | $1.0M | $1.0M | +2.4% |
Housing Supply in Ventura, CA
How many homes are available in Ventura, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 199 | 211 | +6.0% |
Summary: The Ventura real estate market had 211 homes for sale in March 2024, a 6.0% 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 | 53 | 53 | 0.0% |
| 3 Bedrooms | 75 | 75 | 0.0% |
| 4 Bedrooms | 58 | 63 | +8.6% |
| 5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 63 | +34.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ventura, you could pay more than the asking price. 46% of homes here sold above asking price last month.
Summary: A total of 63 homes were sold or pending in Ventura in March 2024, up by 34.0% month-over-month. Of the 63 sold homes, 33% were sold under asking, 21% were sold at asking, and 46% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 26 Days | -43.5% |
Summary: Homes in Ventura had an average of 26 days on market in Mar 2024, down by 43.5% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 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 March 2024, 63 homes were sold in Ventura; 75% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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