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 May 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

$852,500

$538/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$62,693(+7.9%)

Key Takeaway

Homes in Ventura have sold for 7.9% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $459K$475K
+3.5%
2 $562.5K$603.1K
+7.2%
3 $785K$851.6K
+8.5%
4 $927.2K$969K
+4.5%
5+ $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
+9.3%
San Buenaventura (Ventura)
+8.8%
Ventura
+7.9%
Oxnard
+5.8%

Housing Supply in Ventura, CA

How many homes are available in Ventura, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
252274+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

# BEDSApr 2024May 2024CHANGE
1 89
+12.5%
2 4955
+12.2%
3 97117
+20.6%
4 7368
-6.8%
5+ 2525
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 2024May 2024CHANGE
6665-1.5%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ventura, you could pay more than the asking price. 49.2% of homes here sold above asking price last month.

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 2023May 2024CHANGE
23 Days24 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 1 Day Ago

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