Is Ventura, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Ventura has remained a Seller's Market.
Housing Prices in Ventura, CA
How much do homes in Ventura, CA cost?
Median Sold Price
$852,500
$538/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ventura was $852,500 in May 2024, up 7.9% from last year, and the median price per square foot was $538.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $459K | $475K | +3.5% |
2 Bedrooms | $562.5K | $603.1K | +7.2% |
3 Bedrooms | $785K | $851.6K | +8.5% |
4 Bedrooms | $927.2K | $969K | +4.5% |
5+ Bedrooms | $1.2M | $1.2M | -5.1% |
Summary: Ventura housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 5.1%.
Median Sold Price Compared To Nearby Cities
Ojai-Mira Monte | $1.0M | $1.1M | +9.3% |
San Buenaventura (Ventura) | $789.9K | $859.6K | +8.8% |
Ventura | $789.8K | $852.5K | +7.9% |
Oxnard | $701.2K | $742.1K | +5.8% |
Housing Supply in Ventura, CA
How many homes are available in Ventura, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
252 | 274 | +8.7% |
Summary: The Ventura real estate market had 274 homes for sale in May 2024, a 8.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 49 | 55 | +12.2% |
3 Bedrooms | 97 | 117 | +20.6% |
4 Bedrooms | 73 | 68 | -6.8% |
5+ Bedrooms | 25 | 25 | 0.0% |
Summary: The Ventura housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 20.6%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
66 | 65 | -1.5% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Summary: A total of 65 homes were sold or pending in Ventura in May 2024, down by 1.5% month-over-month. Of the 65 sold homes, 29% were sold under asking, 22% were sold at asking, and 49% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 24 Days | +4.7% |
Summary: Homes in Ventura had an average of 24 days on market in May 2024, up by 4.7% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 65 homes were sold in Ventura; 72% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.