There have been many challenges for Ventura County residents in the last few months. Due to fires and mudslides, some people are rebuilding while others are selling. Still others simply want to stay updated on the market. Whatever category you may be in, Real Estate is exciting and has interesting data to observe and may help you guide your real estate decisions. Is it a good time to buy? Good time to sell? Do nothing? Hopefully the graphs attached below can help you make your decision. Please reach out to me if you have any questions.
Ventura County Market Update
Camarillo Market Update
As you can see from the above graph, Camarillo and Ventura County is in a clear seller’s market. There are a low number of single family homes on the market and therefore only a few homes sold in the last couple of months. What does this mean?
- When you are making an offer on a home its important to recognize what the market is telling you to plan your purchase price accordingly in order to get accepted.
- Since there are a low number of homes available, this may be a good time for you to sell to receive a very good price for your home.
Please reach out if you have any questions,
Derrick