Ventura Single Family Homes Report November 2016

By
Real Estate Agent with Balboa Real Estate DRE#01391434

Let’s see how Ventura Single Family Homes did in the month of November 2016.

Ventura Single Family Homes Report 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.  

 

 

Posted by

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Kathy Stoltman

 

 

 

 Your Ventura County Realtor – You can reach me anytime at (805)-746-1793

Search for Ventura County Real Estate

Or via email at kathyst@kathyst.com

I look forward to hearing from you

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Comments (3)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for sharing the market news about your community! It is good to know what is going on around the country - gives me an idea of what is coming in my part of MD

Dec 09, 2016 07:01 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Kathy,  This is an informative report on Ventura Single Family Homes for the month of November.  I like that you do not include oceanfront homes in the report. They likely are more $$$$ and that will skew the data.

Dec 10, 2016 05:01 PM
Kathy Stoltman
Balboa Real Estate - Ventura, CA
Ventura County Real Estate Consultant 805-746-1793

Hi Lisa Howe, it is interesting to see how different areas of the country are doing with regards to real estate. Thanks for your comment.

 

Hi Kathleen Daniels, I am so glad you concur with my idea of not including the oceanfront areas in this report, that area is more expensive and does skew the numbers. Thanks for your comment.

Dec 11, 2016 06:11 AM