$10,000 Closing Credit*
$1,999,000
2,823 SqFt
4 Beds
•3 Full Baths
Michele Manfredi, Listing Office: Compass
Is Ventura County, 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, Ventura County has remained a Seller's Market.
Key Takeaway
Ventura County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ventura County, CA
How much do homes in Ventura County, CA cost?
Median Sold Price
$869,752
$518/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,304(+6.0%)
Key Takeaway
Homes in Ventura County have sold for 6% more than they did a year ago.
Summary: The median home sold price in Ventura County was $869,752 in October 2024, up 6% from last year, and the median price per square foot was $518.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420K | $428.2K | +2.0% |
| 2 Bedrooms | $574.9K | $615K | +7.0% |
| 3 Bedrooms | $775.1K | $819K | +5.7% |
| 4 Bedrooms | $969.6K | $1.0M | +4.3% |
| 5+ Bedrooms | $1.2M | $1.5M | +15.8% |
Summary: Ventura County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Counties
| Santa Barbara County | $1.1M | $1.2M | +7.6% |
| Ventura County | $820.4K | $869.7K | +6.0% |
| Los Angeles County | $849.9K | $900.7K | +6.0% |
| Kern County | $355K | $360K | +1.4% |
Housing Supply in Ventura County, CA
How many homes are available in Ventura County, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2,068 | 2,061 | -0.3% |
Summary: The Ventura County real estate market had 2,061 homes for sale in October 2024, a 0.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 37 | 39 | +5.4% |
| 2 Bedrooms | 377 | 394 | +4.5% |
| 3 Bedrooms | 715 | 697 | -2.5% |
| 4 Bedrooms | 645 | 625 | -3.1% |
| 5+ Bedrooms | 294 | 306 | +4.1% |
Summary: The Ventura County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 4.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 457 | 543 | +18.8% |
Asking Price vs. Sold Price
256 Homes Were Sold
Under Asking
121 Homes Were Sold
At Asking
166 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ventura County, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 543 homes were sold or pending in Ventura County in October 2024, up by 18.8% month-over-month. Of the 543 sold homes, 47% were sold under asking, 22% were sold at asking, and 31% were sold over asking.
Days on Market for Ventura County, CA
How long does it take to sell a home in Ventura County, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 40 Days | +14.0% |
Summary: Homes in Ventura County had an average of 40 days on market in Oct 2024, up by 14% compared to last year.
Breakdown of Home Sale Times
285 Homes Were Sold
Under 30 Days
206 Homes Were Sold
In 30 - 90 Days
52 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ventura County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 543 homes were sold in Ventura County; 52% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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