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 November 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

$860,750

$559/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,070(+3.7%)

Key Takeaway

Homes in San Buenaventura (Ventura) have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in San Buenaventura (Ventura) was $860,750 in November 2024, up 3.7% from last year, and the median price per square foot was $559.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $454.5K$466.5K
+2.6%
2 $590K$625K
+5.9%
3 $825K$848K
+2.8%
4 $939.5K$1.0M
+6.4%
5+ $1.2M$1.3M
+10.4%

Summary: San Buenaventura (Ventura) housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Cities

Ojai-Mira Monte
+12.4%
Ventura
+4.3%
San Buenaventura (Ventura)
+3.7%

Housing Supply in San Buenaventura (Ventura), CA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
290247-14.8%

Summary: The San Buenaventura (Ventura) real estate market had 247 homes for sale in November 2024, a 14.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 7451
-31.1%
3 122109
-10.7%
4 7370
-4.1%
5+ 1714
-17.6%

Summary: The San Buenaventura (Ventura) housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 31.1%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 17.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8761-29.9%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Buenaventura (Ventura), you may be able to get a good deal. 45.9% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in San Buenaventura (Ventura) in November 2024, down by 29.9% month-over-month. Of the 61 sold homes, 46% were sold under asking, 25% were sold at asking, and 30% 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

Nov 2023Nov 2024CHANGE
34 Days49 Days+44.1%

Summary: Homes in San Buenaventura (Ventura) had an average of 49 days on market in Nov 2024, up by 44.1% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

10 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 November 2024, 61 homes were sold in San Buenaventura (Ventura); 51% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 16% 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 17 Days Ago

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