This is the August 2016 Real Estate Update for Ventura Single Family Homes. Homes sales for Ventura Single Family Homes was not as strong this August, 2016 compared to August of last year. The number of Ventura Homes sold this month decreased by 18% from last August. However, the average price sales price for Ventura Single Family Homes rose 13.26% from August, 2015. Please note this Real Estate Market Report does not include the oceanfront homes which in my opinion skew the overall statistics for Ventura Single Family Homes. I like to break the oceanfront area out and look at those prices separately. Inventory of Ventura Single Family Homes is still low, which puts pressure on housing prices to rise, however, price appreciation is somewhat constrained due to overall affordability. It ...
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