July 2016 Ventura County Real Estate Market Analysis

Today’s post will look at the Ventura County real estate market in July 2016. The numbers in July look very similar to the numbers from June. As summer starts to wind down in Ventura County, we will see if the market can continue its strong numbers or if there will be a slight slowdown heading into the winter months. The county as a whole saw average sales prices slightly above the average listing prices. The housing inventory remained pretty low, meaning there’s not a lot of choices out there for those looking to buy a home.

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.

If you know anyone who is looking to buy or sell a home in the near future, please feel free to share this post with them.

Ventura County Statistics

# of months inventory: 1.94
# of homes sold: 703
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.6
Average square footage: 1875
Average listing price: $568,946
Average Sale Price: $585,540
Percent difference between listing and sale price: 2.9%
Average price per square foot: $322.38
Average Days on Market (DOM): 67

Camarillo Statistics

# of homes sold: 92
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 3.0
Average square footage: 2154
Average listing price: $629,903
Average Sale Price: $655,338
Percent difference between listing and sale price: 4.0%
Average price per square foot: $322.29
Average Days on Market (DOM): 71

Fillmore Statistics

# of homes sold: 21
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.4
Average square footage: 1757
Average listing price: $489,257
Average Sale Price: $477,967
Percent difference between listing and sale price: -2.3%
Average price per square foot: $278.57
Average Days on Market (DOM): 95

Moorpark Statistics

# of homes sold: 44
Average # of bedrooms per home: 3.8
Average # of bathrooms per home: 3.2
Average square footage: 2422
Average listing price: $651,802
Average Sale Price: $668,349
Percent difference between listing and sale price: 2.5%
Average price per square foot: $291.26
Average Days on Market (DOM): 68

Ojai Statistics

# of homes sold: 14
Average # of bedrooms per home: 2.9
Average # of bathrooms per home: 2.5
Average square footage: 1606
Average listing price: $648,421
Average Sale Price: $692,105
Percent difference between listing and sale price: 6.7%
Average price per square foot: $442.55
Average Days on Market (DOM): 103

Oxnard Statistics

# of homes sold: 134
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1694
Average listing price: $486,709
Average Sale Price: $521,625
Percent difference between listing and sale price 7.2%
Average price per square foot: $307.10
Average Days on Market (DOM): 64

Port Hueneme Statistics

# of homes sold: 28
Average # of bedrooms per home: 2.6
Average # of bathrooms per home: 2.0
Average square footage: 1239
Average listing price: $322,816
Average Sale Price: $343,129
Percent difference between listing and sale price: 6.3%
Average price per square foot: $283.79
Average Days on Market (DOM): 85

Santa Paula Statistics

# of homes sold: 15
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.1
Average square footage: 1699
Average listing price: $426,570
Average Sale Price: $418,287
Percent difference between listing and sale price: -1.9%
Average price per square foot: $261.75
Average Days on Market (DOM): 112

Simi Valley Statistics

# of homes sold: 146
Average # of bedrooms per home: 3.4
Average # of bathrooms per home: 2.7
Average square footage: 1899
Average listing price: $547,445
Average Sale Price: $557,746
Percent difference between listing and sale price: 1.9%
Average price per square foot: $307.34
Average Days on Market (DOM): 63

Thousand Oaks Statistics

# of homes sold: 96
Average # of bedrooms per home: 3.7
Average # of bathrooms per home: 2.8
Average square footage: 2174
Average listing price: $729,963
Average Sale Price: $726,276
Percent difference between listing and sale price: -0.5%
Average price per square foot: $339.99
Average Days on Market (DOM): 60

Ventura Statistics

# of homes sold: 113
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.2
Average square footage: 1601
Average listing price: $560,413
Average Sale Price: $577,669
Percent difference between listing and sale price: 3.1%
Average price per square foot: $368.04
Average Days on Market (DOM): 57

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