Today’s post will look at the Ventura County real estate market in August 2016. Once again, the numbers from this month fall right in line with what we saw in June and July. The amount of inventory has steadily been creeping down to the lowest levels that we have seen since we started this monthly market analysis. Now that summer is over and school has started around Ventura County, let’s see if the market stays at this pace or if we will see a slight slowdown.
For purposes of this and future blog posts, Ventura County statistics are based off of the following ten cities in Ventura County: Camarillo, Fillmore, Moorpark, Ojai, Oxnard, Port Hueneme, Simi Valley, Santa Paula, Thousand Oaks, and Ventura. This data is pulled directly from the Multiple Listing Service (MLS) and may not contain information on properties that were sold off market. Number of homes sold does not include residential income, lots and lands, mobile homes, or commercial.
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Ventura County Statistics
# of months inventory: 1.48
# of homes sold: 702
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1836
Average listing price: $566,167
Average Sale Price: $585,854
Percent difference between listing and sale price: 3.5%
Average price per square foot: $324.41
Average Days on Market (DOM): 64
Camarillo Statistics
# of homes sold: 105
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.6
Average square footage: 1904
Average listing price: $570,248
Average Sale Price: $584,008
Percent difference between listing and sale price: 2.4%
Average price per square foot: $313.38
Average Days on Market (DOM): 56
Fillmore Statistics
# of homes sold: 13
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.3
Average square footage: 1770
Average listing price: $461,065
Average Sale Price: $457,723
Percent difference between listing and sale price: -0.7%
Average price per square foot: $264.72
Average Days on Market (DOM): 56
Moorpark Statistics
# of homes sold: 46
Average # of bedrooms per home: 3.6
Average # of bathrooms per home: 3.0
Average square footage: 2196
Average listing price: $631,728
Average Sale Price: $622,357
Percent difference between listing and sale price: -1.5%
Average price per square foot: $302.63
Average Days on Market (DOM): 57
Ojai Statistics
# of homes sold: 25
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.6
Average square footage: 2143
Average listing price: $991,996
Average Sale Price: $990,738
Percent difference between listing and sale price: -0.1%
Average price per square foot: $480.78
Average Days on Market (DOM): 98
Oxnard Statistics
# of homes sold: 115
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1860
Average listing price: $532,604
Average Sale Price: $557,569
Percent difference between listing and sale price 4.7%
Average price per square foot: $305.82
Average Days on Market (DOM): 68
Port Hueneme Statistics
# of homes sold: 35
Average # of bedrooms per home: 2.7
Average # of bathrooms per home: 2.0
Average square footage: 1227
Average listing price: $342,171
Average Sale Price: $360,254
Percent difference between listing and sale price: 5.3%
Average price per square foot: $302.09
Average Days on Market (DOM): 86
Santa Paula Statistics
# of homes sold: 13
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.0
Average square footage: 1654
Average listing price: $386,269
Average Sale Price: $403,058
Percent difference between listing and sale price: 4.3%
Average price per square foot: $256.45
Average Days on Market (DOM): 79
Simi Valley Statistics
# of homes sold: 147
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.4
Average square footage: 1760
Average listing price: $495,376
Average Sale Price: $526,269
Percent difference between listing and sale price: 6.2%
Average price per square foot: $309.16
Average Days on Market (DOM): 63
Thousand Oaks Statistics
# of homes sold: 109
Average # of bedrooms per home: 3.4
Average # of bathrooms per home: 2.7
Average square footage: 2004
Average listing price: $710,336
Average Sale Price: $733,270
Percent difference between listing and sale price: 3.2%
Average price per square foot: $358.29
Average Days on Market (DOM): 57
Ventura Statistics
# of homes sold: 94
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.3
Average square footage: 1656
Average listing price: $523,686
Average Sale Price: $546,215
Percent difference between listing and sale price: 4.3%
Average price per square foot: $339.05
Average Days on Market (DOM): 63
Ventura County Events in September 2016