August 2017 Ventura County Real Estate Market Analysis

"august 2017" embedded over an image of the ventura county government centerToday’s post will look at the Ventura County real estate market in August 2017. Inventory has been around the same level for most of the year, coming in at a little over 2 month’s worth of inventory in August.  Number of sold homes increased since July, as did average listing price and average sale price. A cool down normally occurs as we head towards the holiday season, but with inventory so low, it remains to be seen what will actually happen.  We’ll be back next month to see what the end of summer has in store for the Ventura County real estate market.

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, or commercial.

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Ventura County Statistics

Year-over-year price difference: 5.9%
Month-over-month price difference: 1.8%
# of month’s inventory: 2.02
# of homes sold: 712
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1814
Average listing price: $627,641
Average Sale Price: $620,320
Percent difference between listing and sale price: -1.2%
Average price per square foot: $350.32
Average Days on Market (DOM): 52

Camarillo Statistics

# of homes sold: 101
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1871
Average listing price: $630,233
Average Sale Price: $623,969
Percent difference between listing and sale price: -1.0%
Average price per square foot: $341.81
Average Days on Market (DOM): 51

Fillmore Statistics

# of homes sold: 16
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.2
Average square footage: 1453
Average listing price: $405,172
Average Sale Price: $401,466
Percent difference between listing and sale price: -0.9%
Average price per square foot: $286.85
Average Days on Market (DOM): 33

Moorpark Statistics

# of homes sold: 45
Average # of bedrooms per home: 3.6
Average # of bathrooms per home: 2.9
Average square footage: 2215
Average listing price: $687,346
Average Sale Price: $678,708
Percent difference between listing and sale price: -1.3%
Average price per square foot: $318.63
Average Days on Market (DOM): 46

Ojai Statistics

# of homes sold: 17
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.7
Average square footage: 2384
Average listing price: $1,019,018
Average Sale Price: $994,997
Percent difference between listing and sale price: -2.4%
Average price per square foot: $445.28
Average Days on Market (DOM): 102

Oxnard Statistics

# of homes sold: 135
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.7
Average square footage: 1739
Average listing price: $584,965
Average Sale Price: $577,029
Percent difference between listing and sale price -1.3%
Average price per square foot: $337.00
Average Days on Market (DOM): 68

Port Hueneme Statistics

# of homes sold: 25
Average # of bedrooms per home: 2.4
Average # of bathrooms per home: 2.1
Average square footage: 1173
Average listing price: $358,884
Average Sale Price: $356,880
Percent difference between listing and sale price: -0.6%
Average price per square foot: $308.10
Average Days on Market (DOM): 58

Santa Paula Statistics

# of homes sold: 31
Average # of bedrooms per home: 3.0
Average # of bathrooms per home: 2.1
Average square footage: 1508
Average listing price: $434,737
Average Sale Price: $430,801
Percent difference between listing and sale price: -0.9%
Average price per square foot: $296.90
Average Days on Market (DOM): 48

Simi Valley Statistics

# of homes sold: 143
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.6
Average square footage: 1877
Average listing price: $586,860
Average Sale Price: $582,454
Percent difference between listing and sale price: -0.8%
Average price per square foot: $326.65
Average Days on Market (DOM): 44

Thousand Oaks Statistics

# of homes sold: 95
Average # of bedrooms per home: 3.6
Average # of bathrooms per home: 2.6
Average square footage: 2117
Average listing price: $803,316
Average Sale Price: $793,181
Percent difference between listing and sale price: -1.3%
Average price per square foot: $3683.61
Average Days on Market (DOM): 43

Ventura Statistics

# of homes sold: 104
Average # of bedrooms per home: 2.9
Average # of bathrooms per home: 2.2
Average square footage: 1531
Average listing price: $642,643
Average Sale Price: $633,882
Percent difference between listing and sale price: -1.4%
Average price per square foot: $413.56
Average Days on Market (DOM): 51

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