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.