March 2016 Ventura County Real Estate Market Analysis

Today is the first post in a new series that we will be providing every month. One of the most frequent questions we get asked is what we think about the local real estate market. My humble opinion is that if you ask 10 people, you will get 10 different responses about what they think about the market. Rather than providing our opinion, we thought it would be a good idea to provide actual data of what the Ventura County real estate market has done each month. That way, Ventura County residents can form their own opinions about the market based on real data. As we provide these updates each month, hopefully you can use them to spot any trends and maybe use the information to make informed decisions. If there is additional data that you would like to see in future updates, please let us know in the comment section or feel free to send us an email and we will do our best to include it going forward.

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.

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 homes sold: 607
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.6
Average square footage: 1824
Average listing price: $575,325
Average Sale Price: $571,723
Percent difference between listing and sale price: -0.6%
Average price per square foot: $321.63
Average Days on Market (DOM): 67

Camarillo Statistics

# of homes sold: 86
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.9
Average square footage: 2184
Average listing price: $702,399
Average Sale Price: $696,150
Percent difference between listing and sale price: -0.9%
Average price per square foot: $320.08
Average Days on Market (DOM): 69

Fillmore Statistics

# of homes sold: 10
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.3
Average square footage: 1478
Average listing price: $368,529
Average Sale Price: $365,000
Percent difference between listing and sale price: -1.0%
Average price per square foot: $266.30
Average Days on Market (DOM): 65

Moorpark Statistics

# of homes sold: 45
Average # of bedrooms per home: 3.6
Average # of bathrooms per home: 3.0
Average square footage: 2203
Average listing price: $668,741
Average Sale Price: $660,651
Percent difference between listing and sale price: -1.2%
Average price per square foot: $320.88
Average Days on Market (DOM): 84

Ojai Statistics

# of homes sold: 14
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.2
Average square footage: 1693
Average listing price: $768,485
Average Sale Price: $733,036
Percent difference between listing and sale price: -4.0%
Average price per square foot: $471.10
Average Days on Market (DOM): 97

Oxnard Statistics

# of homes sold: 121
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1649
Average listing price: $482,802
Average Sale Price: $492,398
Percent difference between listing and sale price: 2.0%
Average price per square foot: $302.84
Average Days on Market (DOM): 59

Port Hueneme Statistics

# of homes sold: 27
Average # of bedrooms per home: 2.6
Average # of bathrooms per home: 2.0
Average square footage: 1273
Average listing price: $304,584
Average Sale Price: $320,388
Percent difference between listing and sale price: 5.2%
Average price per square foot: $254.85
Average Days on Market (DOM): 70

Santa Paula Statistics

# of homes sold: 14
Average # of bedrooms per home: 2.8
Average # of bathrooms per home: 2.2
Average square footage: 1588
Average listing price: $527,635
Average Sale Price: $489,350
Percent difference between listing and sale price: -7.3%
Average price per square foot: $295.34
Average Days on Market (DOM): 86

Simi Valley Statistics

# of homes sold: 124
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.6
Average square footage: 1879
Average listing price: $548,581
Average Sale Price: $550,461
Percent difference between listing and sale price: 0.3%
Average price per square foot: $305.82
Average Days on Market (DOM): 66

Thousand Oaks Statistics

# of homes sold: 70
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.5
Average square footage: 2003
Average listing price: $666,265
Average Sale Price: $658,000
Percent difference between listing and sale price: -1.3%
Average price per square foot: $338.19
Average Days on Market (DOM): 61

Ventura Statistics

# of homes sold: 96
Average # of bedrooms per home: 3.0
Average # of bathrooms per home: 2.3
Average square footage: 1586
Average listing price: $579,019
Average Sale Price: $563,085
Percent difference between listing and sale price: -2.8%
Average price per square foot: $362.01
Average Days on Market (DOM): 67

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