Housing Market Update: July 2019
It’s a brand new month and you know what that means – time for another snapshot of the housing market here in Ventura County, CA!
So whether you’re trying to figure out if it’s a good time for you to move, or you just want to impress your friends with a few nuggets of housing market wisdom, take a look below:
AVERAGE SALES PRICE:
? $688k (-8.2% from last year)
AVERAGE DAYS ON MARKET:
? 40 days (+8.1% from last year)
SOLD LISTINGS:
? 791 (-4.5% from last month)
NEW LISTINGS:
? 1,095 (-10.2% from last month)
KEY TAKEAWAY:
? In contrast to the madness of last year’s summer market, this year we are seeing slightly more typical trends, with homes taking a little longer to sell and prices adjusting slightly. What does this mean for you? Give us a call!
For data that is more specific to your own neighborhood, please feel free to reach out to us at [email protected], or text MARKET UPDATE to 805.416.4304 – we’d be happy to help!