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Measuring UP

We get asked quite often ‘how do Ventura County home prices compare to the rest of the state?’   Ventura County’s median sale price for a single family home is running nearly $100,000 higher than the state’s median.  The most recent stats show Ventura County’s median sales price at $410,000 with the state’s median home price at $316,480.  Check out the statistics below.

Look at our neighbors to the north, Santa Barbara County, who holds the title of the highest median home price in the state.  Santa Barbara’s median at $935,000 is more than double of Ventura County’s median home price!!!  Now if that doesn’t make Ventura County a good deal what does? 

From the California Association of Realtors

Calif. median home price – September 08: $316,480
Calif. highest median home price by C.A.R. region September 08: Santa Barbara So. Coast $935,000
Calif. lowest median home price by C.A.R. region September 08: High Desert $159,720

From Ventura County Regional Data Share as of 10/28/2008

Sales Statistics
for VENTURA County CA
Realist’s most recent recording date for this county is 10/28/2008
 Single Family Residence
 Time Period Number of Sales Median Sale Price 
 Sep 2008 583 $410,000 
 Sep 2007 333 $640,000 
 Aug 2008 669 $429,000 
 Aug 2007 484 $640,000 
 2008 YTD 5,101 $450,000 
 2007 6,480 $595,000 
 Condominium
 Time Period Number of Sales Median Sale Price 
 Sep 2008 178 $306,000 
 Sep 2007 141 $399,000 
 Aug 2008 225 $300,000 
 Aug 2007 172 $412,500 
 2008 YTD 1,754 $315,000 
 2007 1,091 $410,000 

About the Author: Joyce Zangmeister

Joyce has been in a Realtor in the 805 for over two decades. She represents buyers and sellers in Thousand Oaks, Camarillo, Ventura, Oxnard, Simi Valley and Moorpark. Her motto is "Doing Real Estate Right." Joyce can be reached at (805) 377-7172.

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