Today’s post will look at the Ventura County real estate market in January 2017. The number of homes sold in January was relatively low, which makes sense coming out of the holidays, as not many homes are on the market in the November/December time frame. Still, the average sale price was above the average listing price and Days on Market (DOM) decreased to an average of 69 days. Inventory remains super tight, down to only 1.58 months’ worth of supply. The housing slowdown that many predicted after the presidential elections have yet to come to fruition, at least not in Ventura County.
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 month’s inventory: 1.58
# of homes sold: 451
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.5
Average square footage: 1812
Average listing price: $577,149
Average Sale Price: $589,639
Percent difference between listing and sale price: 2.2%
Average price per square foot: $337.42
Average Days on Market (DOM): 69
Camarillo Statistics
# of homes sold: 68
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.7
Average square footage: 1963
Average listing price: $615,146
Average Sale Price: $625,534
Percent difference between listing and sale price: 1.7%
Average price per square foot: $328.81
Average Days on Market (DOM): 67
Fillmore Statistics
# of homes sold: 8
Average # of bedrooms per home: 3.6
Average # of bathrooms per home: 2.1
Average square footage: 2108
Average listing price: $418,863
Average Sale Price: $456,713
Percent difference between listing and sale price: 9.0%
Average price per square foot: $229.60
Average Days on Market (DOM): 133
Moorpark Statistics
# of homes sold: 44
Average # of bedrooms per home: 3.7
Average # of bathrooms per home: 3.0
Average square footage: 2272
Average listing price: $617,295
Average Sale Price: $629,269
Percent difference between listing and sale price: 1.9%
Average price per square foot: $293.55
Average Days on Market (DOM): 75
Ojai Statistics
# of homes sold: 13
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.6
Average square footage: 1903
Average listing price: $862,823
Average Sale Price: $903,692
Percent difference between listing and sale price: 4.7%
Average price per square foot: $458.55
Average Days on Market (DOM): 128
Oxnard Statistics
# of homes sold: 77
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.6
Average square footage: 1781
Average listing price: $586,655
Average Sale Price: $596,361
Percent difference between listing and sale price 1.7%
Average price per square foot: $337.56
Average Days on Market (DOM): 72
Port Hueneme Statistics
# of homes sold: 24
Average # of bedrooms per home: 2.8
Average # of bathrooms per home: 2.1
Average square footage: 1279
Average listing price: $384,836
Average Sale Price: $392,768
Percent difference between listing and sale price: 2.1%
Average price per square foot: $318.27
Average Days on Market (DOM): 77
Santa Paula Statistics
# of homes sold: 8
Average # of bedrooms per home: 2.9
Average # of bathrooms per home: 1.8
Average square footage: 1318
Average listing price: $345,625
Average Sale Price: $358,038
Percent difference between listing and sale price: 3.6%
Average price per square foot: $304.66
Average Days on Market (DOM): 120
Simi Valley Statistics
# of homes sold: 96
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.6
Average square footage: 1775
Average listing price: $526,936
Average Sale Price: $541,043
Percent difference between listing and sale price: 2.7%
Average price per square foot: $317.93
Average Days on Market (DOM): 56
Thousand Oaks Statistics
# of homes sold: 52
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.6
Average square footage: 1991
Average listing price: $694,392
Average Sale Price: $709,573
Percent difference between listing and sale price: 2.2%
Average price per square foot: $365.93
Average Days on Market (DOM): 60
Ventura Statistics
# of homes sold: 61
Average # of bedrooms per home: 2.9
Average # of bathrooms per home: 2.2
Average square footage: 1475
Average listing price: $538,816
Average Sale Price: $545,128
Percent difference between listing and sale price: 1.2%
Average price per square foot: $385.01
Average Days on Market (DOM): 61
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