Today’s post will look at the Ventura County real estate market in September 2017. Inventory has dipped below the 2 month level for the first time in a few months. Prices are down from both last month and last year, although only by a small amount. Houses having been averaging a lower sales price than listed price for quite a while now. While we don’t know for sure what is contributing to this, we do know that most reasonably priced homes get multiple offers above asking price over the first weekend.
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: -1.0%
Month-over-month price difference: -1.6%
# of month’s inventory: 1.82
# of homes sold: 656
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1779
Average listing price: $618,117
Average Sale Price: $610,562
Percent difference between listing and sale price: -1.2%
Average price per square foot: $357.14
Average Days on Market (DOM): 54
Camarillo Statistics
# of homes sold: 67
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.7
Average square footage: 1937
Average listing price: $627,713
Average Sale Price: $624,392
Percent difference between listing and sale price: -0.5%
Average price per square foot: $338.95
Average Days on Market (DOM): 58
Fillmore Statistics
# of homes sold: 10
Average # of bedrooms per home: 3.6
Average # of bathrooms per home: 2.8
Average square footage: 1928
Average listing price: $457,520
Average Sale Price: $458,600
Percent difference between listing and sale price: 0.2%
Average price per square foot: $252.38
Average Days on Market (DOM): 56
Moorpark Statistics
# of homes sold: 37
Average # of bedrooms per home: 3.6
Average # of bathrooms per home: 3.3
Average square footage: 2477
Average listing price: $732,583
Average Sale Price: $731,397
Percent difference between listing and sale price: -0.2%
Average price per square foot: $315.79
Average Days on Market (DOM): 42
Ojai Statistics
# of homes sold: 18
Average # of bedrooms per home: 2.9
Average # of bathrooms per home: 2.6
Average square footage: 1874
Average listing price: $952,433
Average Sale Price: $921,550
Percent difference between listing and sale price: -3.2%
Average price per square foot: $494.77
Average Days on Market (DOM): 119
Oxnard Statistics
# of homes sold: 133
Average # of bedrooms per home: 3.0
Average # of bathrooms per home: 2.4
Average square footage: 1689
Average listing price: $565,845
Average Sale Price: $556,559
Percent difference between listing and sale price -1.6%
Average price per square foot: $343.61
Average Days on Market (DOM): 57
Port Hueneme Statistics
# of homes sold: 15
Average # of bedrooms per home: 2.5
Average # of bathrooms per home: 1.8
Average square footage: 1171
Average listing price: $355,286
Average Sale Price: $351,607
Percent difference between listing and sale price: -1.0%
Average price per square foot: $306.25
Average Days on Market (DOM): 55
Santa Paula Statistics
# of homes sold: 19
Average # of bedrooms per home: 3.0
Average # of bathrooms per home: 2.0
Average square footage: 1375
Average listing price: $416,026
Average Sale Price: $412,521
Percent difference between listing and sale price: -0.8%
Average price per square foot: $314.36
Average Days on Market (DOM): 46
Simi Valley Statistics
# of homes sold: 157
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.4
Average square footage: 1727
Average listing price: $547,631
Average Sale Price: $543,418
Percent difference between listing and sale price: -0.8%
Average price per square foot: $331.59
Average Days on Market (DOM): 44
Thousand Oaks Statistics
# of homes sold: 84
Average # of bedrooms per home: 3.4
Average # of bathrooms per home: 2.7
Average square footage: 2121
Average listing price: $844,637
Average Sale Price: $836,621
Percent difference between listing and sale price: -0.9%
Average price per square foot: $397.93
Average Days on Market (DOM): 50
Ventura Statistics
# of homes sold: 116
Average # of bedrooms per home: 3.1
Average # of bathrooms per home: 2.2
Average square footage: 1507
Average listing price: $597,029
Average Sale Price: $584,474
Percent difference between listing and sale price: -2.1%
Average price per square foot: $402.54
Average Days on Market (DOM): 62