November 2016 Ventura County Real Estate Market Analysis

Today’s post will look at the Ventura County real estate market in November 2016. The numbers from November show that there is very little inventory out there for would-be homebuyers. That could be somewhat expected as families tend to be getting ready for the holidays and are hesitant to put their homes on the market at this time of year. Reflected in the fact that there was low inventory, homes in all parts of the county sold for above the listing price. This was in stark contrast to October were Ventura County showed the average sales price below the listing price.

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

# of months inventory: 1.85
# of homes sold: 547
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1813
Average listing price: $603,437
Average Sale Price: $619,766
Percent difference between listing and sale price: 2.7%
Average price per square foot: $337.62
Average Days on Market (DOM): 67

Camarillo Statistics

# of homes sold: 72
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.6
Average square footage: 1925
Average listing price: $617,543
Average Sale Price: $625,473
Percent difference between listing and sale price: 1.3%
Average price per square foot: $333.98
Average Days on Market (DOM): 66

Fillmore Statistics

# of homes sold: 6
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.5
Average square footage: 1916
Average listing price: $439,983
Average Sale Price: $447,150
Percent difference between listing and sale price: 1.6%
Average price per square foot: $247.68
Average Days on Market (DOM): 71

Moorpark Statistics

# of homes sold: 38
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.8
Average square footage: 2022
Average listing price: $621,521
Average Sale Price: $660,468
Percent difference between listing and sale price: 1.4%
Average price per square foot: $324.52
Average Days on Market (DOM): 67

Ojai Statistics

# of homes sold: 16
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.8
Average square footage: 2508
Average listing price: $1,217,081
Average Sale Price: $1,287,044
Percent difference between listing and sale price: 5.7%
Average price per square foot: $471.79
Average Days on Market (DOM): 114

Oxnard Statistics

# of homes sold: 99
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1750
Average listing price: $554,304
Average Sale Price: $568,655
Percent difference between listing and sale price 2.6%
Average price per square foot: $318.08
Average Days on Market (DOM): 74

Port Hueneme Statistics

# of homes sold: 26
Average # of bedrooms per home: 2.5
Average # of bathrooms per home: 1.8
Average square footage: 1151
Average listing price: $318,196
Average Sale Price: $321,549
Percent difference between listing and sale price: 1.1%
Average price per square foot: $282.39
Average Days on Market (DOM): 39

Santa Paula Statistics

# of homes sold: 11
Average # of bedrooms per home: 2.5
Average # of bathrooms per home: 2.0
Average square footage: 1326
Average listing price: $371,200
Average Sale Price: $375,800
Percent difference between listing and sale price: 1.2%
Average price per square foot: $293.40
Average Days on Market (DOM): 64

Simi Valley Statistics

# of homes sold: 105
Average # of bedrooms per home: 3.4
Average # of bathrooms per home: 2.7
Average square footage: 1908
Average listing price: $560,267
Average Sale Price: $568,233
Percent difference between listing and sale price: 1.4%
Average price per square foot: $313.11
Average Days on Market (DOM): 64

Thousand Oaks Statistics

# of homes sold: 72
Average # of bedrooms per home: 3.4
Average # of bathrooms per home: 2.7
Average square footage: 2018
Average listing price: $695,208
Average Sale Price: $732,703
Percent difference between listing and sale price: 5.4%
Average price per square foot: $361.26
Average Days on Market (DOM): 62

Ventura Statistics

# of homes sold: 102
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.3
Average square footage: 1707
Average listing price: $625,199
Average Sale Price: $642,493
Percent difference between listing and sale price: 2.8%
Average price per square foot: $375.22
Average Days on Market (DOM): 66

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