Re-posted from the Ventura County Star:
The price of homes in Ventura County has flattened out a bit, but the median sale price in January was still higher than in any previous January.
There were 207 single-family homes sold in Ventura County in January, and the median price — the point at which half sold for more and half for less — was $875,000, according to the latest data from the California Association of Realtors. That was down 2.2% from the previous month, and 0.6% from January 2024.
Statewide, the median price in January for existing single-family homes was $838,850, down 2.6% from the previous month and up 6.3% from a year earlier.
Ojai had the highest median sale price in the county in January at $1.38 million followed by Thousand Oaks at $1.3 million. The lowest prices were in Fillmore at $735,000 and Santa Paula at $745,000.
Home prices in Ventura County, and most of California, have leveled off in the past couple of years after a period of extraordinary gains. From January 2019 to January 2022, the median price in Ventura County grew by 38%. Then in the next three years, from January 2022 to January 2025, the median price went up by just 2.9%.
Home prices in Ventura County, and most of California, have leveled off in the past couple of years after a period of extraordinary gains. From January 2019 to January 2022, the median price in Ventura County grew by 38%. Then in the next three years, from January 2022 to January 2025, the median price went up by just 2.9%.
