Today’s post will look at the Ventura County real estate market in December 2016. As with November, the story remains that there was very little inventory to close out the year. Some may contribute this to the fact that many people are hesitant to put their homes on the market during the holidays. We will see if the inventory begins to pick up in the first few months of 2017. Also contributing to this could be the rising interest rates, as homebuyers may be looking to buy homes in fear of the rates continuing to rise.
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
# of months inventory: 1.62
# of homes sold: 569
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.5
Average square footage: 1833
Average listing price: $589,676
Average Sale Price: $605,649
Percent difference between listing and sale price: 2.7%
Average price per square foot: $332.31
Average Days on Market (DOM): 75
Camarillo Statistics
# of homes sold: 85
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.8
Average square footage: 1976
Average listing price: $603,665
Average Sale Price: $623,160
Percent difference between listing and sale price: 3.2%
Average price per square foot: $325.73
Average Days on Market (DOM): 79
Fillmore Statistics
# of homes sold: 15
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.5
Average square footage: 1942
Average listing price: $512,427
Average Sale Price: $528,907
Percent difference between listing and sale price: 3.2%
Average price per square foot: $274.64
Average Days on Market (DOM): 91
Moorpark Statistics
# of homes sold: 31
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.9
Average square footage: 2124
Average listing price: $633,716
Average Sale Price: $649,580
Percent difference between listing and sale price: 2.5%
Average price per square foot: $317.09
Average Days on Market (DOM): 75
Ojai Statistics
# of homes sold: 15
Average # of bedrooms per home: 3.7
Average # of bathrooms per home: 2.9
Average square footage: 2051
Average listing price: $958,333
Average Sale Price: $1,034,410
Percent difference between listing and sale price: 7.9%
Average price per square foot: $492.58
Average Days on Market (DOM): 135
Oxnard Statistics
# of homes sold: 114
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1712
Average listing price: $559,200
Average Sale Price: $576,406
Percent difference between listing and sale price 3.1%
Average price per square foot: $328.43
Average Days on Market (DOM): 85
Port Hueneme Statistics
# of homes sold: 23
Average # of bedrooms per home: 2.4
Average # of bathrooms per home: 2.0
Average square footage: 1204
Average listing price: $344,589
Average Sale Price: $345,072
Percent difference between listing and sale price: 0.1%
Average price per square foot: $288.73
Average Days on Market (DOM): 65
Santa Paula Statistics
# of homes sold: 9
Average # of bedrooms per home: 3.0
Average # of bathrooms per home: 1.7
Average square footage: 1543
Average listing price: $352,889
Average Sale Price: $356,889
Percent difference between listing and sale price: 1.1%
Average price per square foot: $237.10
Average Days on Market (DOM): 72
Simi Valley Statistics
# of homes sold: 114
Average # of bedrooms per home: 3.4
Average # of bathrooms per home: 2.5
Average square footage: 1833
Average listing price: $537,348
Average Sale Price: $548,449
Percent difference between listing and sale price: 2.1%
Average price per square foot: $315.82
Average Days on Market (DOM): 72
Thousand Oaks Statistics
# of homes sold: 71
Average # of bedrooms per home: 3.6
Average # of bathrooms per home: 2.8
Average square footage: 2222
Average listing price: $797,712
Average Sale Price: $812,761
Percent difference between listing and sale price: 1.9%
Average price per square foot: $360.52
Average Days on Market (DOM): 71
Ventura Statistics
# of homes sold: 92
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.3
Average square footage: 1587
Average listing price: $540,890
Average Sale Price: $554,030
Percent difference between listing and sale price: 2.4%
Average price per square foot: $350.49
Average Days on Market (DOM): 59
New Year’s Eve 2017 Parties in Ventura County, California