The Current Real Estate Market in Ventura County
Ventura County is located in the southern part of the state. As of the 2010 census, the population was 823,318. It is also considered the southernmost county along the California Central Coast. The unincorporated areas, along with the ten incorporated cities of Camarillo, Fillmore, Moorpark, Ojai, Oxnard, Port Hueneme, Santa Paula, Simi Valley, Thousand Oaks, and San Buenaventura (Ventura) ranks Ventura as the 11th most populous county in the state. Ventura is a vibrant town whose artistic culture, enduring history and privileged locale is why real estate in the communities that compose it is coveted. Let’s take a look at the real estate market in Ventura County for this highly desirable real estate.
Housing Market Trends in Ventura County, CA
Ventura County is a county in California in which there are 27 cities. There are 2,214 homes for sale, ranging from $1 to $35M. So whether the community you wish to live in is in a buyer’s or seller’s market depends greatly on the community in which you chose to live. Ventura County in general is in a seller’s market as of November 2020, which means that there are more people looking to buy than there are homes available. In November 2020, the median list price of homes in Ventura County, CA was $699.9K, trending up 3.1% year-over-year. The median listing price per square foot was $392. The median sale price was $685K. On average, homes in Ventura County, CA sell after 53 days of being on the market. This trend has gone down since last month and slightly down from since last year at this time. Finally, there are 375 rentals, with a range of $1,880 to $7,000 per month as well as many condos and townhouses for sale in the aforementioned ranges.
Ventura County, CA Housing Market Projections 2020 to 2021
The Ventura County real estate market is expected to improve over the next few years. The median list price of properties in Ventura County, as mentioned above, hovers around $610,000. This trend is likely to continue for the next three to five years. (This prediction is based on the Ventura County Housing Market Projections 2020 and also various local factors.)
Finding the right community in which to live and getting a home for the price you desire depends greatly on choosing the right real estate professional to help guide you through the process. We have plenty of Ventura County homes for sale and as the best Moorpark realtor available our team will help you find the perfect home that you and your family will love for years to come.