Market Trends for Ventura County

Months of Inventory based on Closed Sales

• Buyer's market: more then 6 months of inventory based on closed sales.
• Neutral market: 3 - 6 months of inventory based on closed sales.
• Seller's market: less than 3 months of inventory based on closed sales.

What does the median sold price tell us?

• The report shows the median price at which an equal number of homes are sold above or below that price.
• Median price helps identify where the market activity is the strongest.