May 2018 Ventura County Real Estate Market Analysis

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Today’s post will look at the Ventura County real estate market in May 2018. Inventory remains over the 2 month level for the 2nd month in a row. Prices are up 4.6% from last year and up 2.7% from last month.

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.

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

Year-over-year price difference: 4.6%
Month-over-month price difference: 2.7%
# of month’s inventory: 2.27
# of homes sold: 685
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.5
Average square footage: 1853
Average listing price: $657,050
Average Sale Price: $649,025
Percent difference between listing and sale price: -1.2%
Average price per square foot: $363.89
Average Days on Market (DOM): 45

Camarillo Statistics

# of homes sold: 99
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.6
Average square footage: 1983
Average listing price: $682,008
Average Sale Price: $673,146
Percent difference between listing and sale price: -1.3%
Average price per square foot: $355.14
Average Days on Market (DOM): 49

Fillmore Statistics

# of homes sold: 13
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.2
Average square footage: 1555
Average listing price: $458,631
Average Sale Price: $454,615
Percent difference between listing and sale price: -0.9%
Average price per square foot: $307.18
Average Days on Market (DOM): 61

Moorpark Statistics

# of homes sold: 40
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.9
Average square footage: 2070
Average listing price: $643,243
Average Sale Price: $639,384
Percent difference between listing and sale price: -0.6%
Average price per square foot: $327.67
Average Days on Market (DOM): 39

Ojai Statistics

# of homes sold: 22
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.9
Average square footage: 2352
Average listing price: $1,180,405
Average Sale Price: $1,158,963
Percent difference between listing and sale price: -1.8%
Average price per square foot: $509.20
Average Days on Market (DOM): 62

Oxnard Statistics

# of homes sold: 109
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1768
Average listing price: $618,180
Average Sale Price: $611,201
Percent difference between listing and sale price -1.1%
Average price per square foot: $352.78
Average Days on Market (DOM): 52

Port Hueneme Statistics

# of homes sold: 26
Average # of bedrooms per home: 2.5
Average # of bathrooms per home: 2.0
Average square footage: 1232
Average listing price: $392,798
Average Sale Price: $389,708
Percent difference between listing and sale price: -0.8%
Average price per square foot: $324.96
Average Days on Market (DOM): 46

Santa Paula Statistics

# of homes sold: 19
Average # of bedrooms per home: 2.8
Average # of bathrooms per home: 1.7
Average square footage: 1210
Average listing price: $426,709
Average Sale Price: $415,842
Percent difference between listing and sale price: -2.5%
Average price per square foot: $344.75
Average Days on Market (DOM): 64

Simi Valley Statistics

# of homes sold: 159
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.6
Average square footage: 1998
Average listing price: $650,157
Average Sale Price: $644,164
Percent difference between listing and sale price: -0.9%
Average price per square foot: $339.27
Average Days on Market (DOM): 34

Thousand Oaks Statistics

# of homes sold: 90
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.7
Average square footage: 2030
Average listing price: $774,794
Average Sale Price: $764,554
Percent difference between listing and sale price: -1.3%
Average price per square foot: $392.59
Average Days on Market (DOM): 43

Ventura Statistics

# of homes sold: 86
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.2
Average square footage: 1529
Average listing price: $610,362
Average Sale Price: $600,295
Percent difference between listing and sale price: -1.6%
Average price per square foot: $410.64
Average Days on Market (DOM): 44

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