Is Ventura County, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ventura County is a seller's market

Buyer's
Market

Difference Since November 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

$869,111

$519/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,214(+5.4%)

Key Takeaway

Homes in Ventura County have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Ventura County was $869,111 in November 2024, up 5.4% from last year, and the median price per square foot was $519.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $420K$435K
+3.6%
2 $574.9K$615.1K
+7.0%
3 $779.9K$818.6K
+5.0%
4 $972.8K$1.0M
+4.8%
5+ $1.3M$1.5M
+15.4%

Summary: Ventura County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 15.4%.

Median Sold Price Compared To Nearby Counties

Santa Barbara County
+8.4%
Los Angeles County
+5.6%
Ventura County
+5.4%
Kern County
+1.0%

Housing Supply in Ventura County, CA

How many homes are available in Ventura County, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2,0241,786-11.8%

Summary: The Ventura County real estate market had 1,786 homes for sale in November 2024, a 11.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3634
-5.6%
2 387330
-14.7%
3 685615
-10.2%
4 619539
-12.9%
5+ 297268
-9.8%

Summary: The Ventura County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.6%, 2 bedroom homes decreased by 14.7%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 9.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
565431-23.7%

Asking Price vs. Sold Price

207 Homes Were Sold
Under Asking

79 Homes Were Sold
At Asking

145 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ventura County, you may be able to get a good deal. 48% of homes here sold below asking price last month.

Summary: A total of 431 homes were sold or pending in Ventura County in November 2024, down by 23.7% month-over-month. Of the 431 sold homes, 48% were sold under asking, 18% were sold at asking, and 34% 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

Nov 2023Nov 2024CHANGE
30 Days43 Days+41.7%

Summary: Homes in Ventura County had an average of 43 days on market in Nov 2024, up by 41.7% compared to last year.

Breakdown of Home Sale Times

220 Homes Were Sold
Under 30 Days

159 Homes Were Sold
In 30 - 90 Days

51 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ventura County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 431 homes were sold in Ventura County; 51% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 12% 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

Newest Listings in Ventura County, CA

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