Market Trends for Ventura County
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.