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October Market Update

๐‘ถ๐‘ช๐‘ป๐‘ถ๐‘ฉ๐‘ฌ๐‘น ๐Ÿš๐Ÿ˜๐Ÿš๐Ÿš โ„๐”ผโ„‚๐”ธโ„™   แดกษชแด›สœษชษด แด›สœแด‡ แดแดษดแด›สœ แด๊œฐ ๐Ž๐‚๐“๐Ž๐๐„๐‘ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ, ๐Ÿฑ๐Ÿ๐ŸŽ ๐—ต๐—ผ๐—บ๐—ฒ๐˜€ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐˜€๐—ผ๐—น๐—ฑ ษชษด แด€สŸสŸ แด๊œฐ  แด แด‡ษดแด›แดœส€แด€ แด„แดแดœษดแด›ส ษชแด› แด›แดแดแด‹ แด€ส™แดแดœแด› ๐Ÿ๐ŸŽ...

The Importance of Absorption Rates

Market Absorption (absorption rates) is a real estate term that is frequently thrown around by real estate professionals- which  many buyers and sellers may be unfamiliar with. In fact, one of the most frequently asked questions from home sellers is, "What is market absorption?"    For a variety of reasons, market absorption in real estate is an extremely importan...

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November 2022 Absorption Rate & Closed Sales Analysis

November 2022 numbers are showing that Ventura County's housing market is still HOT! As of today December 8, 2022 there are 879 homes available for purchase on the market, in the past 30 day (11/08/22-12/08/22) 393 homes have been sold giving Ventura County an Absorption Rate of 44%! Below are Median, Low and High Statistics for all SOLD homes in Ventura Count...

January '23 Market Update

I am here with yet again another market report for the month of January 2023. As with every other month, we'll be looking over the month's stats, so let's get started!   The first and most significant change is that the countywide median sales price has dropped to $750,000, a $10,000K decline from last month and a 6.25% fall from the $800,000 we had at this time last year...

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Ventura County Real Estate: July 2023 Market Update

Welcome to the latest Ventura County market update for July 2023! Whether you're a homeowner, buyer, or just interested in the local real estate scene, we've got you covered with all the key insights and trends! New Listings and Pending Sales In July, Ventura County saw a total of 584 new listings entering the market. This indicates a 10.7% decrease compared to the previous month....

Ventura County Real Estate: August 2023 Market Update

August is in the books, and it's time to take a closer look at how the Ventura County Housing Market performed during this sizzling summer month. Buckle up, because there's plenty to unpack!   New Listings: August '23: 505 July '23: 614 August '22: 787   The number of new listings dipped compared to both the previous month and the same perio...

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Market Update for September 2023 in Ventura County: What Does It All Mean?

As we transitioned into the vibrant Fall Season, it's essential to keep a close eye on what’s happening in the Ventura County housing market. This market update provides a comprehensive breakdown of key metrics for both Condominiums, Townhouses and Single Family Residences. Understanding these statistics can be a valuable resource for those looking to buy or sell homes- or those who s...