West Ventura County Stats for 12/14

For those of us who live in what is considered Western Ventura County, the cities of Ventura, Camarillo, Oxnard and beaches, etc, here are some interesting sales statistics for the period ending 12/14 (last week):

Average Sales Price

Last 30 Days $347,912
One Year Ago $652,801

This is a drop of -46.7% from the same time one year ago! This is a amazing stat as it shows how quickly the market has fallen.

Within the last 30 days we have had 408 units sold compared to only 169 units at the same time one year ago, an increase of 141.4%, obviously pointing to a "buyer's market" and it doesn't look like that will slow down for some time.

I chose to leave out the price per sq foot typically, but for those who care:

Last 30 Days: $226
One Year Ago: $349

A decrease of -35.2% Not quite in line with the drop in average sales price but I believe this partially demonstrates that buyers still appreciate, and are willing to pay for, the more highly represented units. i.e. Good condition.

Its also interesting to note that average days on market has not changed that much, down 12% to 71 compared to last years 81.