Is San Buenaventura (Ventura), CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Buenaventura (Ventura) is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, San Buenaventura (Ventura) has remained a Seller's Market.

Key Takeaway

San Buenaventura (Ventura) is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in San Buenaventura (Ventura), CA

How much do homes in San Buenaventura (Ventura), CA cost?

Median Sold Price

$864,910

$553/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$44,160(+5.4%)

Key Takeaway

Homes in San Buenaventura (Ventura) have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in San Buenaventura (Ventura) was $864,910 in October 2024, up 5.4% from last year, and the median price per square foot was $553.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $454.5K$479K
+5.4%
2 $585K$625K
+6.8%
3 $800K$860.5K
+7.6%
4 $961.5K$995K
+3.5%
5+ $1.2M$1.2M
-3.5%

Summary: San Buenaventura (Ventura) housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 3.5%.

Median Sold Price Compared To Nearby Cities

Ojai-Mira Monte
+7.1%
Ventura
+6.3%
San Buenaventura (Ventura)
+5.4%

Housing Supply in San Buenaventura (Ventura), CA

How many homes are available in San Buenaventura (Ventura), CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2862870.3%

Summary: The San Buenaventura (Ventura) real estate market had 287 homes for sale in October 2024, a 0.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 7474
0.0%
3 116120
+3.4%
4 7776
-1.3%
5+ 1413
-7.1%

Summary: The San Buenaventura (Ventura) housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5782+43.9%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Buenaventura (Ventura), expect to pay close to the asking price. 36.6% of homes here sold near the asking price last month.

Summary: A total of 82 homes were sold or pending in San Buenaventura (Ventura) in October 2024, up by 43.9% month-over-month. Of the 82 sold homes, 35% were sold under asking, 37% were sold at asking, and 28% were sold over asking.

Days on Market for San Buenaventura (Ventura), CA

How long does it take to sell a home in San Buenaventura (Ventura), CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days37 Days+31.3%

Summary: Homes in San Buenaventura (Ventura) had an average of 37 days on market in Oct 2024, up by 31.3% compared to last year.

Breakdown of Home Sale Times

46 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 82 homes were sold in San Buenaventura (Ventura); 56% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 7% 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 16 Days Ago

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