Today’s post will look at the Ventura County real estate market in July 2017. Most of the numbers from July show a dip from both the previous month and the previous year. The selling price of Ventura County homes is down almost 2.7% from last month and down 3% from the same time last year. Those who are worried that this might show a slowdown in the market should note that it is not abnormal to see a dip in prices for a month, only to show it rebound the following months. Also, the demand for housing can slowdown during this time of year when families are more interested in getting their kids ready for school than looking for a house to buy. We will watch the numbers for the rest of the year to see if any trends can be found.
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: -3.0%
Month-over-month price difference: -2.7%
# of month’s inventory: 2.05
# of homes sold: 671
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.5
Average square footage: 1825
Average listing price: $615,733
Average Sale Price: $609,477
Percent difference between listing and sale price: -1.0%
Average price per square foot: $348.75
Average Days on Market (DOM): 48
Camarillo Statistics
# of homes sold: 95
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.6
Average square footage: 1859
Average listing price: $614,827
Average Sale Price: $611,322
Percent difference between listing and sale price: -0.6%
Average price per square foot: $341.05
Average Days on Market (DOM): 43
Fillmore Statistics
# of homes sold: 12
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.4
Average square footage: 1869
Average listing price: $468,900
Average Sale Price: $471,583
Percent difference between listing and sale price: 0.6%
Average price per square foot: $253.75
Average Days on Market (DOM): 41
Moorpark Statistics
# of homes sold: 33
Average # of bedrooms per home: 3.8
Average # of bathrooms per home: 3.1
Average square footage: 2368
Average listing price: $697,162
Average Sale Price: $688,277
Percent difference between listing and sale price: -1.3%
Average price per square foot: $313.40
Average Days on Market (DOM): 70
Ojai Statistics
# of homes sold: 22
Average # of bedrooms per home: 2.8
Average # of bathrooms per home: 2.4
Average square footage: 1782
Average listing price: $888,314
Average Sale Price: $884,392
Percent difference between listing and sale price: -0.4%
Average price per square foot: $516.93
Average Days on Market (DOM): 70
Oxnard Statistics
# of homes sold: 128
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1769
Average listing price: $570,094
Average Sale Price: $562,887
Percent difference between listing and sale price -1.3%
Average price per square foot: $333.80
Average Days on Market (DOM): 55
Port Hueneme Statistics
# of homes sold: 33
Average # of bedrooms per home: 2.5
Average # of bathrooms per home: 1.8
Average square footage: 1160
Average listing price: $345,694
Average Sale Price: $344,867
Percent difference between listing and sale price: -0.2%
Average price per square foot: $305.31
Average Days on Market (DOM): 46
Santa Paula Statistics
# of homes sold: 12
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.3
Average square footage: 1703
Average listing price: $482,775
Average Sale Price: $475,158
Percent difference between listing and sale price: -1.6%
Average price per square foot: $286.01
Average Days on Market (DOM): 81
Simi Valley Statistics
# of homes sold: 155
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.5
Average square footage: 1792
Average listing price: $561,611
Average Sale Price: $559,152
Percent difference between listing and sale price: -0.4%
Average price per square foot: $329.76
Average Days on Market (DOM): 45
Thousand Oaks Statistics
# of homes sold: 91
Average # of bedrooms per home: 3.7
Average # of bathrooms per home: 2.8
Average square footage: 2235
Average listing price: $820,729
Average Sale Price: $807,896
Percent difference between listing and sale price: -1.6%
Average price per square foot: $365.47
Average Days on Market (DOM): 39
Ventura Statistics
# of homes sold: 90
Average # of bedrooms per home: 3.0
Average # of bathrooms per home: 2.2
Average square footage: 1577
Average listing price: $607,362
Average Sale Price: $597,066
Percent difference between listing and sale price: -1.7%
Average price per square foot: $402.72
Average Days on Market (DOM): 45