Ventura County Home Inventory Drops Again, Sales Slow #TimeToSell

By
Real Estate Agent with Allison James Elite CA. BRE 01501699

Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sell a home.

20170728 EHS June Infographic

Highlights:

  • Existing Home Sales are now at an annual pace of 5.52 million.
  • Inventory of existing homes for sale dropped to a 4.3-month supply, marking the 25th month in a row of declines.
  • The median price of homes sold in June was $263,800. This is the 64thconsecutive month of year-over-year price gains.

 

 

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Topic:
Home Selling
Location:
California Ventura County
Tags:
your best choice for a real estate agent serving ventura county ca
thousand oaks luxury home and estates specialist
moorpark luxury home and estates specialist
westlake village luxury home and estates specialist

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Rainmaker
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Great report, Chris B Johnson and the infographic is very effective.  We are seeing so evidence of pricing fatigue from buyers; how about you?

Jul 29, 2017 05:59 AM #1
Rainmaker
508,952
Chris B Johnson REALTOR®
Allison James Elite - Moorpark, CA
5 Star Rated REALTOR® Quality, Not Quantity

Yes, activity is slowing down. I think most first time home Buyers who wanted to buy, have bought, and most who are still looking have been priced out of the market. In my area, many have stopped looking for Condo's and started looking at Manufactured/Mobile Homes.

Jul 29, 2017 08:59 AM #2
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Rainmaker
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Chris B Johnson REALTOR®

5 Star Rated REALTOR® Quality, Not Quantity
Is it Too Late to Short Sell My Home??
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