April 2016 Ventura County Real Estate Market Analysis

This is the second post in our series where we analyze the Ventura County residential real estate market. Today’s post will look at actual sales data from April 2016. In addition, we have also added the number of months’ worth of inventory in the Ventura County market. This number is derived using the number of homes sold within the last year and calculating the monthly average based off of that amount. We then divide the current number of active listings by this amount to calculate the inventory. As a note, the number of active listings does not include homes that are currently under contract or have a pending sale.

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: 2.24
# of homes sold: 601
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.6
Average square footage: 1858
Average listing price: $586,014
Average Sale Price: $590,638
Percent difference between listing and sale price: 0.8%
Average price per square foot: $318.42
Average Days on Market (DOM): 72

Camarillo Statistics

# of homes sold: 88
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.6
Average square footage: 2004
Average listing price: $609,534
Average Sale Price: $624,479
Percent difference between listing and sale price: 3.3%
Average price per square foot: $318.41
Average Days on Market (DOM): 75

Fillmore Statistics

# of homes sold: 10
Average # of bedrooms per home: 3.9
Average # of bathrooms per home: 2.8
Average square footage: 1987
Average listing price: $526,250
Average Sale Price: $493,590
Percent difference between listing and sale price: -6.2%
Average price per square foot: $526,250
Average Days on Market (DOM): 72

Moorpark Statistics

# of homes sold: 40
Average # of bedrooms per home: 3.8
Average # of bathrooms per home: 3.4
Average square footage: 2478
Average listing price: $687,574
Average Sale Price: $679,602
Percent difference between listing and sale price: -1.2%
Average price per square foot: $287.11
Average Days on Market (DOM): 74

Ojai Statistics

# of homes sold: 22
Average # of bedrooms per home: 3.0
Average # of bathrooms per home: 2.5
Average square footage: 1869
Average listing price: $869,582
Average Sale Price: $839,659
Percent difference between listing and sale price: -3.4%
Average price per square foot: $421.55
Average Days on Market (DOM): 124

Oxnard Statistics

# of homes sold: 97
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1711
Average listing price: $502,967
Average Sale Price: $521,996
Percent difference between listing and sale price: 3.8 %
Average price per square foot: $307.88
Average Days on Market (DOM): 69

Port Hueneme Statistics

# of homes sold: 27
Average # of bedrooms per home: 2.4
Average # of bathrooms per home: 2.1
Average square footage: 1216
Average listing price: $314,446
Average Sale Price: $319,430
Percent difference between listing and sale price: 1.3%
Average price per square foot: $263.63
Average Days on Market (DOM): 75

Santa Paula Statistics

# of homes sold: 19
Average # of bedrooms per home: 2.8
Average # of bathrooms per home: 1.9
Average square footage: 1345
Average listing price: $374,947
Average Sale Price: $401,930
Percent difference between listing and sale price: 7.1%
Average price per square foot: $270.97
Average Days on Market (DOM): 139

Simi Valley Statistics

# of homes sold: 127
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1814
Average listing price: $518,782
Average Sale Price: $521,959
Percent difference between listing and sale price: 0.6%
Average price per square foot: $297.87
Average Days on Market (DOM): 62

Thousand Oaks Statistics

# of homes sold: 78
Average # of bedrooms per home: 3.7
Average # of bathrooms per home: 2.9
Average square footage: 2300
Average listing price: $823,859
Average Sale Price: $834,408
Percent difference between listing and sale price: 1.3%
Average price per square foot: $358.40
Average Days on Market (DOM): 74

Ventura Statistics

# of homes sold: 93
Average # of bedrooms per home: 2.9
Average # of bathrooms per home: 2.2
Average square footage: 1567
Average listing price: $560,046
Average Sale Price: $545,477
Percent difference between listing and sale price: -2.6%
Average price per square foot: $347.09
Average Days on Market (DOM): 60

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