Is San Buenaventura (Ventura), CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Buenaventura (Ventura) is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, San Buenaventura (Ventura) has remained a Seller's Market.

Key Takeaway

San Buenaventura (Ventura) is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in San Buenaventura (Ventura), CA

How much do homes in San Buenaventura (Ventura), CA cost?

Median Sold Price

$859,666

$537/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$69,688(+8.8%)

Key Takeaway

Homes in San Buenaventura (Ventura) have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in San Buenaventura (Ventura) was $859,666 in May 2024, up 8.8% from last year, and the median price per square foot was $537.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $459K$462.5K
+0.8%
2 $560K$608K
+8.6%
3 $785K$862K
+9.8%
4 $925K$970.5K
+4.9%
5+ $1.2M$1.2M
-4.4%

Summary: San Buenaventura (Ventura) housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 4.4%.

Median Sold Price Compared To Nearby Cities

Ojai-Mira Monte
+9.3%
San Buenaventura (Ventura)
+8.8%
Ventura
+7.9%

Housing Supply in San Buenaventura (Ventura), CA

How many homes are available in San Buenaventura (Ventura), CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
237257+8.4%

Summary: The San Buenaventura (Ventura) real estate market had 257 homes for sale in May 2024, a 8.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 77
0.0%
2 4550
+11.1%
3 89109
+22.5%
4 7267
-6.9%
5+ 2424
0.0%

Summary: The San Buenaventura (Ventura) housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 22.5%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
6564-1.5%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Buenaventura (Ventura), you could pay more than the asking price. 48.4% of homes here sold above asking price last month.

Summary: A total of 64 homes were sold or pending in San Buenaventura (Ventura) in May 2024, down by 1.5% month-over-month. Of the 64 sold homes, 30% were sold under asking, 22% were sold at asking, and 48% were sold over asking.

Days on Market for San Buenaventura (Ventura), CA

How long does it take to sell a home in San Buenaventura (Ventura), CA?

Average Sale Time

May 2023May 2024CHANGE
23 Days24 Days+5.9%

Summary: Homes in San Buenaventura (Ventura) had an average of 24 days on market in May 2024, up by 5.9% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Buenaventura (Ventura) are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 64 homes were sold in San Buenaventura (Ventura); 73% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

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