Is Ventura, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ventura is a 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

+$50,227(+6.3%)

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

# BEDSMar 2023Mar 2024CHANGE
1 $500K$450K
-10.0%
2 $575K$599K
+4.2%
3 $790K$861.3K
+9.0%
4 $930K$949K
+2.0%
5+ $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)
+6.7%
Ventura
+6.3%
Oxnard
+4.5%
Ojai-Mira Monte
+2.4%

Housing Supply in Ventura, CA

How many homes are available in Ventura, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
199211+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

# BEDSFeb 2024Mar 2024CHANGE
1 14
+300.0%
2 5353
0.0%
3 7575
0.0%
4 5863
+8.6%
5+ 1216
+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 2024Mar 2024CHANGE
4763+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

Asking vs Sold - buyer

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 2023Mar 2024CHANGE
46 Days26 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

Breakdown of Home Sale Times

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.

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

Report Updated 22 Days Ago

Newest Listings in Ventura, CA

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What housing markets are near Ventura, CA?