Is Ventura County, 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 County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $425K | $420K | -1.2% |
2 Bedrooms | $574.9K | $586.7K | +2.0% |
3 Bedrooms | $770.7K | $800K | +3.8% |
4 Bedrooms | $952K | $990.7K | +4.1% |
5+ Bedrooms | $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 | $1.0M | $1.2M | +13.6% |
Ventura County | $816.8K | $848.3K | +3.9% |
Los Angeles County | $855.1K | $874K | +2.2% |
Kern County | $352.3K | $358.6K | +1.8% |
Housing Supply in Ventura County, CA
How many homes are available in Ventura County, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,478 | 1,632 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 27 | 33 | +22.2% |
2 Bedrooms | 266 | 283 | +6.4% |
3 Bedrooms | 533 | 567 | +6.4% |
4 Bedrooms | 468 | 524 | +12.0% |
5+ Bedrooms | 184 | 225 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
351 | 428 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 30 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
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.