This is the August 2016 Real Estate Market Update for

Oxnard Condos

Condo sales for August, 2016 was down by three from last August. However, both the median price and the average price for Oxnard Condos was up from last year.  

Inventory of Oxnard Condos is still low, which puts pressure on prices to rise, however, price appreciation is somewhat constrained due to overall affordability. There are almost triple the number of Oxnard Condos available versus Ventura.

It is also important to point out that the lower price range of Oxnard Condos is very competitive. If one is looking to purchase in this particular price range, one needs to be fully pre-approved and ready to go as condos in this attractive price range often get multiple offers or a good offer within days that is accepted by the seller.

You can read the full August 2016 Real Estate Market Update for

Oxnard  Condos in my personal blog at this link Oxnard Condo Price Report August 2016.