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 October 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

$865,106

$553/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$51,439(+6.3%)

Key Takeaway

Homes in Ventura have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Ventura was $865,106 in October 2024, up 6.3% from last year, and the median price per square foot was $553.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $459K$483K
+5.2%
2 $584K$625K
+7.0%
3 $792.3K$855K
+7.9%
4 $961.5K$995K
+3.5%
5+ $1.2M$1.2M
-3.0%

Summary: Ventura housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Cities

Ojai-Mira Monte
+7.1%
Ventura
+6.3%
San Buenaventura (Ventura)
+5.4%
Oxnard
+4.4%

Housing Supply in Ventura, CA

How many homes are available in Ventura, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
318320+0.6%

Summary: The Ventura real estate market had 320 homes for sale in October 2024, a 0.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 8586
+1.2%
3 135139
+3.0%
4 7877
-1.3%
5+ 1513
-13.3%

Summary: The 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 increased by 1.2%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5987+47.5%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ventura, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.

Summary: A total of 87 homes were sold or pending in Ventura in October 2024, up by 47.5% month-over-month. Of the 87 sold homes, 38% were sold under asking, 36% were sold at asking, and 26% 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

Oct 2023Oct 2024CHANGE
31 Days43 Days+38.9%

Summary: Homes in Ventura had an average of 43 days on market in Oct 2024, up by 38.9% compared to last year.

Breakdown of Home Sale Times

46 Homes Were Sold
Under 30 Days

34 Homes Were Sold
In 30 - 90 Days

7 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 October 2024, 87 homes were sold in Ventura; 53% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 8% 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

Newest Listings in Ventura, CA

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