As we head into Fall, here is some information about Ventura County Real Estate this past Summer:

SALES:  Even with the inventory of homes still low, there were 2,674 sales from June 1-Aug. 30,
according to the MLS, an increase of 9.9%  That reflects almost 30 homes sold each day this summer.

PRICES:  Home prices in Ventura County continued to increase, with year over year growth of 18.3%.  This
reflects accelerated growth over the prior year which saw a YOY growth rate of 10%.  The two year total
shows Summer sales price growth of 30.2% from 2019 to present.

INVENTORY:  As of Aug. 31, there were a total of 709 listings + 54 Coming Soon properties in Ventura County.
As of 2019, there were 291,512 residential units in the county, showing that less than 0.02% of all residential properties
are available for sale.  The ‘Months’ Supply is roughly one month, well below the six month supply in a well balanced market.

To find out how best to position yourself if you are buying or selling a home, call us for a free market analysis.