Pango Group

Ventura, CA

Single-Family Homes

www.pangogroup.com



Ventura, CA

Sun Mar 03 2024
This week the median list price for Ventura, CA is $1,120,527 with the market action index hovering around 54. This is an increase over last month's market action index of 51. Inventory has decreased to 42. Click here to stay informed with the Ventura market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Ventura, CA

Sun Mar 03 2024
This week the median list price for Ventura, CA is $1,120,527 with the market action index hovering around 54. This is an increase over last month's market action index of 51. Inventory has decreased to 42. Click here to stay informed with the Ventura market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Ventura market.
Median List Price $1,120,527
Median Price of New Listings $1,099,900
Per Square Foot $787
Average Days on Market 80
Median Days on Market 49
Price Decreased 26%
Price Increased 0%
Relisted 7%
Inventory 42
Median Rent
Market Action 54
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,422,500 2,652 4,500 - 6,500 sqft 3 3 49 0 0 129
$1,284,500 1,918 4,500 - 6,500 sqft 3 2 60 2 5 84
$1,099,900 1,399 4,500 - 6,500 sqft 3 2 64 4 1 21
$850,000 1,481 4,500 - 6,500 sqft 3 2 60 1 2 14