Note: Some of the links in the table below may take you to a blank page with the verbiage, “This is not a valid link.” These links have expired from the Ventura MLS and are no longer accessible. Ojai MLS links are not affected in this way.
July 1, 2017
Here’s your Ojai Market Data for the past month (data from 6/1/17 through 6/30/17):
- 36 new listings came on the market; 9 of these new listings are either pending sales or have already closed. Last month we saw 50 new listings come on the market; 18 of them were pending or closed sales as of the date of our update.
- 42 properties sold and closed (43 last month) – at an average of 93.76% of the original listing price when the property first came on the market (this figure was 95.21% last month). Of the 42 properties that sold, 1 offer was at full price and 5 offers were over full price (last month there were 5 full price offers and 7 over full price).
- The average listing was on the market for 129 days (113 days last month).
There are currently 150 active listings on the market, not including properties currently listed as pending sales. (There were 155 active listings last month.)
Ojai sales-to-list price percentages, 6/1/17 through 6/30/17
Here’s the list of the 42 properties that sold and closed last month, including the original list price (when each property first came on the market), the final sales price, and the sales-to-list price percentage.
Ojai Market Data – June, 2016 through June, 2017
The real estate market is still very strong in Ojai. We’re a little short on inventory in the most active portion of the market ($500k to $700k), which is causing prices to increase – yet it’s also leading to multiple offers on homes that are priced well. (Our listing at 391 Avenida Del Recreo received 4 offers in the first 5 days it was on the market.)
Projections for the real estate market in general see no slowdown through the end of 2017.