Is Ventura County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$850,148
$504/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ventura County have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Ventura County was $850,148 in April 2024, up 5.6% from last year, and the median price per square foot was $504.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $417K | $429.2K | +2.9% |
| 2 Bedrooms | $572.4K | $590.2K | +3.1% |
| 3 Bedrooms | $767K | $805K | +5.0% |
| 4 Bedrooms | $946.1K | $999.8K | +5.7% |
| 5+ Bedrooms | $1.2M | $1.3M | +9.4% |
Summary: Ventura County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Counties
| Santa Barbara County | $1.0M | $1.2M | +17.5% |
| Ventura County | $805.1K | $850.1K | +5.6% |
| Los Angeles County | $850K | $876.8K | +3.2% |
| Kern County | $350.1K | $359.6K | +2.7% |
Housing Supply in Ventura County, CA
How many homes are available in Ventura County, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,697 | 1,839 | +8.4% |
Summary: The Ventura County real estate market had 1,839 homes for sale in April 2024, a 8.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 33 | 41 | +24.2% |
| 2 Bedrooms | 292 | 311 | +6.5% |
| 3 Bedrooms | 607 | 619 | +2.0% |
| 4 Bedrooms | 532 | 588 | +10.5% |
| 5+ Bedrooms | 233 | 280 | +20.2% |
Summary: The Ventura County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 24.2%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 20.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 437 | 527 | +20.6% |
Asking Price vs. Sold Price
180 Homes Were Sold
Under Asking
107 Homes Were Sold
At Asking
240 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ventura County, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 527 homes were sold or pending in Ventura County in April 2024, up by 20.6% month-over-month. Of the 527 sold homes, 34% were sold under asking, 20% were sold at asking, and 46% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 33 Days | -10.9% |
Summary: Homes in Ventura County had an average of 33 days on market in Apr 2024, down by 10.9% compared to last year.
Breakdown of Home Sale Times
328 Homes Were Sold
Under 30 Days
157 Homes Were Sold
In 30 - 90 Days
42 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ventura County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 527 homes were sold in Ventura County; 62% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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