Ojai, CA Real Estate News

By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
Interesting statistics to note from the data illustrated below for the Ojai Real Estate Market Report for the month of April, 2012. 18% of the Active Listings are distressed properties (either short sales or Bank Owned). Ojai has the smallest percentage of distressed properties than any other city in Ventura County. 47 of the Active Listings are priced at $750,000 and above.   78% of the Under Contract Listings are distressed properties, this illustrated demand for these properties, resulting many times in multiple offers.35% of the Sold Listings are distressed properties.Days on Market for Active Listings is 216.Days on Market for Listings under Contract is 122.Days on Market for Sold Listings is 98.I hope you found this Ojai Real Estate Market Report helpful. originally published at V...
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By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
Below is the illustration of the Ojai Real Estate Market Absorption Trend.  This illustration shows that the average amount of  Single Family Homes sold in Ojai on a per month basis has been fairly consistent from 2010 to present. The average sales price did appreciate by approximately 1% from 2010 to 2011. However the average sales price dropped  16.25% from 2011 to the those Ojai Single Family Homes that sold in  the last 3 months of 2012.  That is the results of more lower priced homes selling than those in the higher price range.  This data is based on averages. The most startling fact presented by the data is the amount of  Ojai Single Family Homes for sale.  Currently, there are only 91 Single Family Homes for sale in Ojai, and that translates to approximately 5.1 months of invent...
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By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
The data illustrated below shows the Ojai and Oak View Real Estate Market Trend inching its way up, with inching being the keyword here.  After the huge gains shown in 2006 & 2007, the Ojai and Oak View Real Estate Market suffered price depreciation like most of  the nation, but has weathered the storm well and I think that is because it is so desirable. Interesting to note for the last 3 years the amount of Ojai and OakView Single Family Homes sold has been consistent and if  the numbers for January can be projected for the next 11 months, then 2012 may beat the 2009-2011 consistent Ojai & Oak View Single Family Homes sold numbers. Ojai is a very desired destination and with interest rates low, it is a great time to buy, as Warren Buffett recently said. All information deemed reliable,...
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By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
The New Libbey Bowl in Ojai has began to fill the 2012 Performance Schedule.  This wonderful new amphitheater replaced the old termite riddled structure and opened last year just in time for last year's Ojai Music Festival. According to the Ventura County Star, Beth Sunderland, whom the foundation hired in September to manage the city-owned facility reported to the Ojai City Council.  The Ojai City owns the Libbey Bowl. Sutherland told the Ojai City Council there will be a two-tier fee system for using the bowl; one for nonprofits and one for professionals. Further reported by the Ventura County Star, the Ojai City Manager Robert Clark said the foundation will pay the city a facilities fee of $2 per seat, which will be kept in a fund to maintain Libbey Bowl. Some of the schedule events ...
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By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
The Market Trend shown below for the Ojai & Oak View Real Estate Market shows us that the average sales price for 2011 was very close to the average sales price for 2010, which is very interesting since we hear so much about homes prices declining.  The days on the market are a bit longer than other cities nearby like Ventura.  It is also interesting to note the Average List to Sales price consistently falls in the 94-95% bracket. Ojai Homes for sale up to $249,999 Ojai Homes for sale $250,000  to $499,999 Ojai Homes for sale $500,000 to $749,999 Ojai Homes for sale $750,000 and up
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By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
The data shows for the Ojai-Oak View area that prices in 2011 have increased by 4.51% over the 2010 prices on average. Also interesting, is the number of Ojai-Oak View homes sold from 2010 to 2011 was a very small drop. We can also see that the average List Price to average Sales Price for Ojai & Oak View was a greater percentage than the surrounding communities, who showed a much closer List Price to Sales Price. So, even though, there was this  gap between average List Price and average Sold Price,  the average Ojai -Oak View Sold Price in 2011 still came in 4.51% higher than 2010. Ojai shows us again why it is a magical place to live.
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By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
Ojai-Oak View Real Estate Report for November 2011 Some interesting facts from data illustrated below........... Distressed Properties (Short Sales & Bank Owned) make up 20% of the Active Listings Distressed Properties (Short Sales & Bank Owned) make up 59% of the Listings under Contract Distressed Properties (Short Sales & Bank Owned) make up 50% of the Sold Listings Average Days on Market (DOM) for Active Listings is 139 Average Days on Market (DOM) for Listings under Contract is 162 Average Days on Market (DOM) for Sold Listings is 100 originally published at ventura county real estate center
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By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
Ojai & Oak View are only located inward from Ventura about 12 miles, but a world away from the hustle and bustle of the larger cities.  One will not find many tract-like homes in the Ojai-Oak View area, there are some, but one could say Ojai & Oak View are somewhat non-conforming and no one is complaining about that.  Average Days on Market for the Active Listings is 142Average Days on Market for the Sold Listings is 102
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By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
Something Magical happens in Ojai in October     October in Ojai suggests the end of summer and the arrival of Ojai Day. “The event was originally conceived in 1917, took a hiatus in the 1920’s and has been back with a vengeance since 1991. It’s grown tremendously and has become one of the most popular events in Ojai,” states Jody James the event’s organizer. “The event itself celebrates life, culture and the arts." Tonight, Friday October 14, 2011,  adults can help create the centerpiece of the event, the beautiful mandala painting at the intersection of Signal Street and Ojai Avenue. This begins at 10:00pm. There will be entertainment at Libbey Park, crafts alley, food courts, tennis, kids parade and more.  This is free and the scenery is breathtaking, not hard to find because it happ...
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By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
Ojai Smallest City in Ventura County The Village of Ojai is the smallest city in Ventura County. Ojai only encompasses 4.2 square miles but it is surrounded by natural beauty and filled with so many wonderful artists, eateries, walking trails, parks and top rated Inns and Hotels. Ojai, pronounced (o hi), comes from the Chumash word ‘âhwaiâ’ meaning ‘moon’. The Chumash Indians are the first known residents of Ojai.   Ojai is also one of the oldest towns in Ventura County. Ojai was settled in the 1800s and incorporated as a city in 1921. Nestled in the Ojai Valley, the town is surrounded by peaks that give off a glow in the evening light known as the pink moment. The arcade which is a full block long is located in DowntownOjai is a must see for anyone visiting this beautiful city. In the ...
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By Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793
(Balboa Real Estate)
New Bridge Coming for Ojai Valley Trail   The Ojai Valley Trail is a getting a new crossing bridge at San Antonio Creek.  This part of the Trail will be closed Mid October until the end of January.  The bridge will replace a reinforced culvert structure dating back to the 1980's. The culvert becomes clogged with debris, hindering the passage of the endangered steelhead trout. This is a great trail to walk, ride a bike or ride horseback. The Ojai Valley Trail extends about 9.5 miles north of Ventura from Foster Park in Ventura  to Fox Street inOjai. This trail allows the trail goer to view the  Ojai Valley, which is very scenic with its vast views of the Los Padres National Forest and rolling hillsides. Just a heads up, it is an uphill climb to Ojai, but the return ride is a piece of cak...
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By Donne Knudsen, CalState Realty Services
(Los Angeles & Ventura Counties in CA)
  Just a few miles up Highway 33 at the base of the Los Padres National Forest and north of the TopaTopa mountains is the small town of Ojai.  With approx. 8,000 residents, Ojai is the smallest city in Ventura County.  Ojai has long been known as a haven for artists, musicians and health enthusiasts and with so much natural beauty that it has been called the Shangri-La of Ventura County.  One of the oldest towns in Ventura County, Ojai was settled in the 1800s and incorporated as a city in 1921.  With so much scenic beauty, this is what locals and visitors relish about the Ojai Valley.  The Ojai Valley Trail runs for more than nine miles with a parallel path for horses.  Bicyclists, walkers, joggers and those exercising pets from dogs to pigs can be seen on the trail.  The Ojai Music Fe...
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By Dave and Patricia Zumbrun
(The "Z" Team 4 RE, Inc.)
Beginning this Saturday, March 19th and continuing through Sunday, March 27th, the 2011 Ojai WordFest is here!  In an effort to encourage creativity with words and to highlight the talented authors living in the area, the Ojai WordFest is comprised of more than 100 events over the entire 9-day event.  A few of the events scheduled during the 2011 Ojai WordFest include: Street Book Fair (323 E Matilia St) - Saturday, March 19, 10am to 4pm.  Free to the public.  Includes book signings by local authors. Master Class of Writers - March 19, 20, 25, 26 and 27, various times, various prices.  Teachers of the Master Class include an award-winning playwright, NY Times best seller, Hollywood script consultant and a former TV Co-Executive Producer.  Take a half-day class, full day class or purchas...
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By Carol Lee, Realtor - Agoura, Oak Park, Westlake CA Homes
(Dilbeck Real Estate)
 OJAI CALIFORNIA Located north of Ventura, and east of Santa Barbara, Ojai is only a short distance up Highway 33, but feels a world away from the hustle and bustle of the rest of Southern California.  Ojai is the smallest city in Ventura County, with a population of about 7800 persons as of the 2000 census.  The climate is Mediterranean- hot dry summers, with relatively mild winters.  Temperatures in the winter can dip below freezing at night.   Not bad for New England and other parts of the country, but chilly for us here in So Cal!   Ojai is a charming community.  It has long been known as a haven for artists, musicians and health enthusiasts.  There is so much natural beauty that it was photographed to represent Shangri-La in the 1939 movie, The Lost Horizon.   Filled with delightfu...
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By Janis Calkins
(Ventura Property Shoppe)
I thought I would share some photo's that I have taken this spring around the Oak View/Ojai area....it really is a beautiful place to live. Sometimes we just forget to really soak up the beauty right in our own backyards! The Creek Road Area of Oak View The Topa Topa's Looking toward Ojai from Oak View Lake Casitas The Crane that visits my front yard in Oak View...we call him "Cronie" Red Baron Peach Blossoms in Oak View Tangerines ready for picking!   Hope you enjoyed Spring in the Oak View/Ojai Area. For information on Ventura County Real Estate and/or homes for sale in Oak View or Ojai as well as other parts of Ventura County visit my website at http://www.JanisCalkins.com
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By Steve Schwartz, Charlottenulls Premier Real Estate Videographer and Photographer
(AmazingVideoTours.com)
      ------------- ©2008 - AmazingVideoTours.com - All Rights Reserved. Any use of this photo, including reproduction, modification, distribution or republication, without the prior written consent of Amazing Video Tours, is strictly prohibited. Amazing Video Tours offers photography and full motion video marketing solutionsto Realtors, and other individuals with property to sell, lease, or rent.  A departure from the old fashion 360 Virtual Tour, Amazing Video Tours takes online property marketing to the next level.
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By Hope Goss, Ventura Real Estate
(Ventura Property Shoppe)
Do you have old computer monitors, broken VCR's and stereo equipment cluttering your garage?  Ojai is holding an Electronic Waste Recycling day this weekend on Saturday January 10, from 9 a.m. to 1 p.m at the Ojai Community Bank parking lot at402 W. Ojai Avenue in Ojai. The Ojai Valley Green Coalition will collect electronic waste and small appliances for recycling, including computers, monitors, TVs, radios, stereos, toasters, nicrowave ovens, CDs, DVDs, iPods, cell phones, ink and toner cartridges, incandescent holiday lights and household batteries weighing up to 5 pounds.  For more information contact (805) 653-8445. Search the MLS for Ojai Real Estate Listings www.VenturaRealEstate.org  
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By Joe Virnig, No Ordinary Joe
(RE/MAX Gold Coast REALTORS, Ventura County, California)
Ojai Unified School Disctrict, Ojai, CA Ojai Unified School District    2007 API score Statewide ranking Similar school ranking 2008 target score Ojai Unified 794 - - - Meiners Oaks Elm. 790 6 5 795 Mira Monte Elm. 834 8 5 A San Antonio Elem 887 9 5 A Summitt Elem. * 793 7 - 798 Topa Topa Elem. 810 7 6 A Matilija Junior High 798 8 6 800 Nordoff High 774 8 9 779 Visit VenturaCountyRelocation.com/schools for API Rankings of all Ventura County, CA schools. Purpose The Academic Performance Index rates California's public schools and sets targets for the schools to achieve.  What the categories mean: API scores: The state uses the Academic Performance Index to rank schools based on test scores. The rankings are based on student's scores on state standard tests, the California Achievement Te...
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By Joe Virnig, No Ordinary Joe
(RE/MAX Gold Coast REALTORS, Ventura County, California)
Last Satterdee I sailed' t' check ou' th' Ojai Pirate Faire. I canna b'lieve I`ve nerebeen before. What great fun! I felt a bit ou' o' place in me 21st century clothes. As ye can be seein', ‘t had an affect on me! I thougt I`d share wi' ye some o' th' photographs I took that day. Click on any of the thumbnails to see the full size photo. If you missed it, don't worry, you'll have another chance this September when they return for two weekends this September 20th & 21st and the 27th & 28th for the 18th Annual Pirate Faire. I`ll be returnin' t' take more photos. Do nay miss it!   View Larger Map
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By Joe Virnig, No Ordinary Joe
(RE/MAX Gold Coast REALTORS, Ventura County, California)
Ojai is situated in the Ojai Valley which include the unincorporated towns of Casitas Springs, Oak View, Mira Monte and Meiners Oaks. It is a popular retirement community and the major industry is agriculture. The excellent climate and natural beauty of Ojai, along with the area's hot mineral springs, have provided Ojai with a reputation as a place to rejuvenate the mind and body. There are several world-renowned spas and resorts in the area and there is widespread emphasis on wellness and good health among the residents of the area.The Ojai Valley has peaceful country views and spectacular mountain ranges. Horseback riding and hiking are popular pastimes in this area of graceful oaks and scenic waterfalls. The architecture of Ojai owes much to its Spanish influence. The downtown arcade...
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