$10,000 Closing Credit*
$1,150,000
1,596 SqFt
4 Beds
•2 Full Baths
Jesse Arreguin, Listing Office: Keller Williams West Ventura County
Is Midtown Ventura, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Midtown Ventura has remained a Seller's Market.
Key Takeaway
Midtown Ventura is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Midtown Ventura, CA
How much do homes in Midtown Ventura, CA cost?
Median Sold Price
$1,032,688
$734/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$67,312(-6.1%)
Key Takeaway
Homes in Midtown Ventura have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in Midtown Ventura was $1,032,688 in October 2024, down 6.1% from last year, and the median price per square foot was $734.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $876K | $529.9K | -39.5% |
| 2 Bedrooms | $925K | $862K | -6.8% |
| 3 Bedrooms | $1.1M | $1.1M | +1.8% |
| 4 Bedrooms | $1.3M | $1.0M | -19.8% |
| 5+ Bedrooms | $4.6M | $1.5M | -66.3% |
Summary: Midtown Ventura housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.5%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes decreased by 66.3%.
Median Sold Price Compared To Nearby Neighborhoods
| College | $842K | $920K | +9.3% |
| Midtown Ventura | $1.1M | $1.0M | -6.1% |
Housing Supply in Midtown Ventura, CA
How many homes are available in Midtown Ventura, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 55 | -1.8% |
Summary: The Midtown Ventura real estate market had 55 homes for sale in October 2024, a 1.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 21 | 19 | -9.5% |
| 3 Bedrooms | 23 | 22 | -4.3% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Midtown Ventura housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 19 | +137.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Midtown Ventura, expect to pay close to the asking price. 52.6% of homes here sold near the asking price last month.
Summary: A total of 19 homes were sold or pending in Midtown Ventura in October 2024, up by 137.5% month-over-month. Of the 19 sold homes, 26% were sold under asking, 53% were sold at asking, and 21% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 64 Days | +154.5% |
Summary: Homes in Midtown Ventura had an average of 64 days on market in Oct 2024, up by 154.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Midtown Ventura has remained consistent over time.
Summary: During October 2024, 19 homes were sold in Midtown Ventura; 32% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 21% 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.