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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ventura County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Ventura County has remained a Seller's Market.

Key Takeaway

Ventura County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ventura County, CA

How much do homes in Ventura County, CA cost?

Median Sold Price

$848,361

$499/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$31,485(+3.9%)

Key Takeaway

Homes in Ventura County have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Ventura County was $848,361 in March 2024, up 3.9% from last year, and the median price per square foot was $499.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $425K$420K
-1.2%
2 $574.9K$586.7K
+2.0%
3 $770.7K$800K
+3.8%
4 $952K$990.7K
+4.1%
5+ $1.2M$1.3M
+4.3%

Summary: Ventura County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Counties

Santa Barbara County
+13.6%
Ventura County
+3.9%
Los Angeles County
+2.2%
Kern County
+1.8%

Housing Supply in Ventura County, CA

How many homes are available in Ventura County, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,4781,632+10.4%

Summary: The Ventura County real estate market had 1,632 homes for sale in March 2024, a 10.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 2733
+22.2%
2 266283
+6.4%
3 533567
+6.4%
4 468524
+12.0%
5+ 184225
+22.3%

Summary: The Ventura County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 22.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
351428+21.9%

Asking Price vs. Sold Price

157 Homes Were Sold
Under Asking

70 Homes Were Sold
At Asking

201 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ventura County, you could pay more than the asking price. 47% of homes here sold above asking price last month.

Summary: A total of 428 homes were sold or pending in Ventura County in March 2024, up by 21.9% month-over-month. Of the 428 sold homes, 37% were sold under asking, 16% were sold at asking, and 47% were sold over asking.

Days on Market for Ventura County, CA

How long does it take to sell a home in Ventura County, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
51 Days30 Days-41.3%

Summary: Homes in Ventura County had an average of 30 days on market in Mar 2024, down by 41.3% compared to last year.

Breakdown of Home Sale Times

281 Homes Were Sold
Under 30 Days

114 Homes Were Sold
In 30 - 90 Days

33 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ventura County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 428 homes were sold in Ventura County; 66% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 8% 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 12 Days Ago

Newest Listings in Ventura County, CA

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