$10,000 Closing Credit*
$2,044,000
3,263 SqFt
5 Beds
•2 Full Baths, 1 Partial
Hitchcock & Associates, Listing Office: Compass
Is Midtown Ventura, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Midtown Ventura was a Seller's Market.
Key Takeaway
Midtown Ventura is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Midtown Ventura, CA
How much do homes in Midtown Ventura, CA cost?
Median Sold Price
$1,033,188
$736/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$46,812(-4.3%)
Key Takeaway
Homes in Midtown Ventura have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Midtown Ventura was $1,033,188 in November 2024, down 4.3% from last year, and the median price per square foot was $736.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $876K | $529.9K | -39.5% |
| 2 Bedrooms | $890K | $862K | -3.1% |
| 3 Bedrooms | $1.0M | $1.1M | +5.2% |
| 4 Bedrooms | $1.3M | $1.0M | -20.9% |
| 5+ Bedrooms | $4.6M | $1.5M | -66.3% |
Summary: Midtown Ventura housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.5%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes decreased by 66.3%.
Median Sold Price Compared To Nearby Neighborhoods
| College | $849K | $918.5K | +8.2% |
| Midtown Ventura | $1.0M | $1.0M | -4.3% |
| Downtown | $1.2M | $1.0M | -13.6% |
Housing Supply in Midtown Ventura, CA
How many homes are available in Midtown Ventura, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 43 | -24.6% |
Summary: The Midtown Ventura real estate market had 43 homes for sale in November 2024, a 24.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 20 | 10 | -50.0% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Midtown Ventura housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 4 | -78.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Midtown Ventura, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Midtown Ventura in November 2024, down by 78.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Midtown Ventura, CA
How long does it take to sell a home in Midtown Ventura, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 50 Days | +52.9% |
Summary: Homes in Midtown Ventura had an average of 50 days on market in Nov 2024, up by 52.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Midtown Ventura has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Midtown Ventura; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.