October 2017 Ventura County Real Estate Market Analysis

"october 2017" embedded over an image of the ventura county government centerToday’s post will look at the Ventura County real estate market in October 2017. Inventory remains under the 2 month level for the 2nd month in a row. Prices are up 5% from last year and a whopping 6.2% from last month.  One interesting point from this month is with 3 homes selling for over four million dollars and 2 homes selling for over five million, the average sales price in Thousand Oaks was over a million dollars in October.

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

Year-over-year price difference: 5.0%
Month-over-month price difference: 6.2%
# of month’s inventory: 1.71
# of homes sold: 610
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.6
Average square footage: 1894
Average listing price: $659,024
Average Sale Price: $648,397
Percent difference between listing and sale price: -1.6%
Average price per square foot: $349.59
Average Days on Market (DOM): 60

Camarillo Statistics

# of homes sold: 74
Average # of bedrooms per home: 3.4
Average # of bathrooms per home: 2.9
Average square footage: 2247
Average listing price: $741,561
Average Sale Price: $729,930
Percent difference between listing and sale price: -1.6%
Average price per square foot: $342.47
Average Days on Market (DOM): 63

Fillmore Statistics

# of homes sold: 8
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.4
Average square footage: 1840
Average listing price: $558,363
Average Sale Price: $543,000
Percent difference between listing and sale price: -2.8%
Average price per square foot: $302.19
Average Days on Market (DOM): 92

Moorpark Statistics

# of homes sold: 43
Average # of bedrooms per home: 3.9
Average # of bathrooms per home: 3.2
Average square footage: 2628
Average listing price: $781,983
Average Sale Price: $773,241
Percent difference between listing and sale price: -1.1%
Average price per square foot: $307.81
Average Days on Market (DOM): 50

Ojai Statistics

# of homes sold: 7
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.6
Average square footage: 2078
Average listing price: $865,986
Average Sale Price: $851,141
Percent difference between listing and sale price: -1.7%
Average price per square foot: $471.60
Average Days on Market (DOM): 59

Oxnard Statistics

# of homes sold: 135
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.4
Average square footage: 1665
Average listing price: $544,251
Average Sale Price: $539,722
Percent difference between listing and sale price -0.8%
Average price per square foot: $333.86
Average Days on Market (DOM): 58

Port Hueneme Statistics

# of homes sold: 21
Average # of bedrooms per home: 2.7
Average # of bathrooms per home: 2.0
Average square footage: 1182
Average listing price: $375,438
Average Sale Price: $372,364
Percent difference between listing and sale price: -0.8%
Average price per square foot: $314.87
Average Days on Market (DOM): 75

Santa Paula Statistics

# of homes sold: 11
Average # of bedrooms per home: 2.8
Average # of bathrooms per home: 1.9
Average square footage: 1435
Average listing price: $419,400
Average Sale Price: $414,582
Percent difference between listing and sale price: -1.1%
Average price per square foot: $301.86
Average Days on Market (DOM): 57

Simi Valley Statistics

# of homes sold: 155
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.5
Average square footage: 1731
Average listing price: $557,229
Average Sale Price: $552,466
Percent difference between listing and sale price: -0.9%
Average price per square foot: $332.21
Average Days on Market (DOM): 58

Thousand Oaks Statistics

# of homes sold: 76
Average # of bedrooms per home: 3.6
Average # of bathrooms per home: 2.9
Average square footage: 2413
Average listing price: $1,045,313
Average Sale Price: $1,012,027
Percent difference between listing and sale price: -3.2%
Average price per square foot: $399.01
Average Days on Market (DOM): 53

Ventura Statistics

# of homes sold: 80
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.2
Average square footage: 1626
Average listing price: $639,861
Average Sale Price: $627,088
Percent difference between listing and sale price: -2.0%
Average price per square foot: $401.58
Average Days on Market (DOM): 69

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