Let’s see how Ventura Single Family Homes did in the month of November 2016.
Homes sales for Ventura Single Family Homes was stronger this November, 2016 compared to November of last year. The number of Ventura Homes sold this month increased by 20 from last November. The average price sales price for Ventura Single Family Homes also rose by 7.13% from November, 2015.
Please note this Real Estate Market Report does not include the oceanfront homes which in my opinion skew the overall statistics for Ventura Single Family Homes. I like to break the oceanfront area out and look at those prices separately.
Inventory of Ventura Single Family Homes is still low, which puts pressure on housing prices to rise, however, price appreciation is somewhat constrained due to overall affordability.
It is also important to point out that the lower price range of Ventura Homes 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 homes in this attractive price range often get multiple offers or a good offer within days that is accepted by the seller. However being pre-approved with all your financial ducks in a row is sound advice for those looking to purchase a home in any price range.
You can read the full November 2016 Real Estate Market Update for
Ventura Single Family Homes in my personal blog at this link Ventura Homes Report November 2016.