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July Home Sales and Prices Slow Down in Central Coastal Counties but Ventura Regional Sales Hit New Highs

Arroyo Grande, CA – August 15, 2016— Startseite sales and prices slowed in California’s Central Coastal Region in July as markets recovered from four straight months of  record growth. However, sales and prices in the Ventura region continued to rise, reaching peak levels and exceeding year-over-year levels by double-digit margins for the second month in a row.

Closed sales in the two-county Central Coastal Region fell 7.4 percent from June and 5.3 percent from July 2015 as the market adjusted to price increases.  Prices ended the month 13.5 percent higher than they were a year ago and 1.5 percent higher than in June.

The region’s median price reached $459,500, a five-year high.  Homes took slightly longer to sell, settling in a median of 78 days in July compared to 73 days in June.

Startseite sales in San Luis Obispo and Santa Barbara Counties slowed down in June as the market to absorb four months of rising prices.  Verkäufer are continuing to respond to price levels that are significantly higher than they were a year ago at this time.  Inventories are higher than they have been since last October.  With interest rates still at historic lows, conditions in the Coastal Counties are better for Käufer than they have been all season,” said Amy Gallagher, corporate broker of record for CENTURY 21 Hometown Realty.

Sales in the five-county Ventura region rose 10.5 percent over July 2015 and 4.8 percent over June to reach a new five-year high.  Median prices also reached a new five-year peak of a $479,000, 1.7 percent over the median price in June and 12.7 percent above prices in July 2015.  Homes spent only 64 days on market, settling 4.5 percent faster than a year ago.

“In Ventura County, strong demand is still driving prices  and sales to new peak levels.  Inventories in the region are now nearly 20 percent higher than they were at this time last year, which may help to cool the market in the final weeks of summer,”she said.

San Luis Obispo Grafschaft

July sales in San Luis Obispo County fell 4 percent from June and 9.1 percent from levels of a year ago.  However, at $527,500 the median price in the county still ended the month 14.7 percent higher than a year ago.  Homes are selling faster than they were in June, settling in 78 days.  Total listings in the county fell 2.7 percent from a year ago.

In San Luis Obispo city, sales rose 16.4 percent over last year but were down 14.5 percent from June, ending five straight months of sales increases.  The median sale price fell to $604,626, a drop of 1.7 percent from July 2015 but 5.1 percent above June’s median price.

Santa Maria saw sales fall 4 percent from a year ago but increased 5.2 percent from June.  Median price reached $351,000, an 8 percent increase over 2015 and 4.2 percent over June.  Homes sold in 73 days.

Lokale Marktdaten und Inserate für Gemeinden im San Luis Obispo County finden Sie unter  Arroyo Grande, Atascadero, Avila Strand, Cambria, Cayucos, Creston, Grover Strand, Los Osos, Morro Bay, Oceano, Paso de Robles, Pismo Strand, San Luis Obispo, Santa Margarita, San Miguel, San Simeon, Santa Ynez, Shandon, und Templeton.

Santa Barbara Grafschaft

In July, sales in Santa Barbara County fell 3.6 percent from June, and 7.8 percent from July 2015.  Prices remained 6.5 percent above levels July 2015 and 0.8 percent above June. Homes sold 7.7 percent faster in July than June, settling in 72 days.

Lokale Marktdaten und Inserate für die Gemeinden des Santa Barbara County finden Sie unter  Ballard, Guadalupe, Lompoc, Los Alamos, Los Olivos, und Solvang.

July Startseite Sales, San Luis Obispo (red) and Santa Barbara (blue) Counties  02

 

Ventura Grafschaft

Ventura County prices and sales both rose for the third straight month in July, reaching new five-year peaks.  Sales rose 10.5 percent over levels of a year ago and 4.8 percent over June.  The county’s median price reached $479,000, up 12.7 percent from 2015 and 0.6 percent from June.  Properties sold at a record pace, spending 64 days on market, a decline of 4.5 percent from 2015 and 1.6 percent from June.

Ventura city prices reached a new five-year peak in June, reaching a median of $550,000, up 15.8 percent from 2015 and 5.3 percent from June.  Sales also rose o.9 percent over July 2015 and 20.7 percent over June.

Lokale Marktdaten und Inserate in den Gemeinden des Ventura County finden Sie unter:  Agoura Hills, Camarillo, Sherwood-See, Moorpark, Newbury Park, Nipomo, Eichenblick, Ojai, Port Hueneme, Santa Maria, Santa Paula, Simi-Tal, Thousand Oaks und Westlake Dorf.

CENTURY 21 Hometown Realty accessed data from the Central Coast Regional Multiple Listing Service and the Ventura County Regional Data Share to prepare its February market analysis

Ventura Grafschaft Startseite Sales, July 2011 to June 2016

 

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Über Century 21 Hometown Realty

CENTURY 21 Hometown Realty ist das führende Immobilienunternehmen an der Zentralküste. Seit 1947 unterstützt es die Bedürfnisse von Startseite Käufer und Startseite Verkäufer throughout California’s Central Coast region with 19 branch locations in San Luis Obispo, Santa Barbara, and Ventura Counties. Our Büros decken die kalifornische Küste von Paso Robles im Norden bis Camarillo im Süden ab.

Wir bieten spezielle Dienstleistungen an, darunter Luxusimmobilien, Landwirtschafts- und Ranch-Immobilien, Weingüter, Meeresfront-Immobilien, Gewerbeimmobilien und Wohnimmobilien. Unser Agenten have a keen focus on these areas and multilingual and generational expertise. Visit our website at C21Home.com  um unsere Angebote in Kalifornien und die Standorte unserer Büros zu sehen.

 

 

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