Housing Market Update: July 2019

 In Buying a Home, Monthly Market Updates, Selling a Home

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 courtney.livesay@kw.com, or text MARKET UPDATE to 805.416.4304 – we’d be happy to help!

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