June Home Sales and Prices Break Central Coast and Ventura Regional Records

Sales Rise Over Four Straight Months

 Arroyo Grande, CA – July 14, 2015— June Inicio sales and prices reached record levels in California’s Ventura and Central Coastal Regiones as demand continued to respond to low interest rates and fresh inventories of homes for sale.  Through the first half of 2016, sales in both regiones exceed 2015 levels by double-digit margins.

Homes throughout both regiones continue to sell at near-record rates of eight to ten weeks, and inventories of homes for sale are keeping pace as vendedores respond to ideal market conditions.

Inicio sales in the two-county Central Coastal Region rose 13.1 percent above June 2015 and 11.1 percent over sales in May. The region’s median sales price reached $453,000 for the first time in more than five years, 6.6 percent higher than sales a year ago at this time.  Homes for sale spent a median of only 73 days on market, slightly slower than May.

Prices and sales in the four-county Ventura Region set a new five-year high for the fourth month in a row. Median prices in the region soared 12.7 percent over June 2015 and sales increased 10.5 percent.  Inicio sold 4.5 percent faster in June than May, settling in just and median of just 64 days.

“Regional real estate markets made history during the first half of the year, setting five-year records for both sales and prices.  Record low interest rates and healthy supplies of new homes for sale are creating extraordinary opportunities for compradores.  Houses are selling at record prices in record time, creating the best conditions vendedores have seen in years,” said Amy Gallagher, corporate broker of record for CENTURY 21 Hometown Realty.

 Condado de San Luis Obispo

Sales in San Luis Obispo County rose 14.5 percent over June 2015 and 22.5 percent above May, setting a new five-year record for the county.  The June median price was 2.3 percent on an annual basis and fell 2.7 percent from May’s record high.  Sales settled in 72 days, a 2.7 percent faster than a year ago and inventories reached a seasonal high.

In San Luis Obispo city, sales set a new five-year record, increasing every month since January.  However, homes sold at a slower pace, settling in 72 days compared to 58 in May.  The median sales price dropped 3.2 percent from a year ago, to $552,000.

Los datos del mercado local y los listados de las comunidades del condado de San Luis Obispo están disponibles en  Arroyo Grande, Atascadero, Playa de Ávila, Cambria, Cayucos, Creston, Grover Beach, Los Osos, Bahía de Morro, Oceano, Paso de Robles, Playa de Pismo, San Luis Obispo, Santa Margarita, San Miguel, San Simeón, Santa Ynez, Shandony Templeton.

 Condado de Santa Bárbara

In June, both sales and prices dipped from May levels but remained significantly higher than a year ago.  Sales were 37.3 percent above June 2015 and the county’s median price, $354,000, was 8.9 percent above 2015.  Homes in Santa Barabara County sold at acerca de the same pace as those in San Luis Obispo County, a median of 78 days on market.

Los datos del mercado local y los listados de las comunidades del condado de Santa Bárbara están disponibles en  Ballard, Guadalupe, Lompoc, Los Álamos, Los Olivosy Solvang.

  June Inicio Prices, San Luis Obispo (red) and Santa Barbara (blue) Counties

 Condado de Ventura

Ventura County prices rose to their highest median level in five years, $559,000 and homes sold faster in the county than they have since June 2014, a median of 63 days.  Prices were 8.1 percent higher than they were a year ago and 4.3 percent higher than May. Sales fell 5.9 percent below levels of a year ago but rose 7.6 percent from May

Sales in Thousand Oaks rose 45.2 percent over May and 7 percent above 2015.  The median price reached $702,500, 9.8 percent above June 2015 and 3.4 percent above sales in May.  Homes are moving fast, spending a median of only 58 days to settle.

entura city prices reached a new peak in June, reaching a median of $550,000, up 15.8 percent from 2015 and 5.3 percent from May.  Sales also rose 20.7 percent over May and 0.9 percent over June 2015.

Los datos del mercado local y los listados de las comunidades del condado de Ventura están disponibles en:  Agoura Hills, Camarillo, Lago Sherwood, Moorpark, Newbury Park, Nipomo, Vista al Roble, Ojai, Port HuenemeSanta María, Santa Paula, Simi Valley, Mil Robles y Westlake Village.

 CENTURY 21 Hometown Realty accedió a los datos del Servicio Regional de Listas Múltiples de la Costa Central y de la Ventura County Regional Data Share para preparar su análisis de mercado de febrero.

Condado de Ventura Inicio Prices, July 2011 to June 201

Nosotros Century 21 Hometown Realty

CENTURY 21 Hometown Realty es la empresa inmobiliaria líder en la costa central. Desde 1947, ha apoyado las necesidades de Inicio compradores y Inicio vendedores throughout California’s Central Coast region with 19 branch locations in San Luis Obispo, Santa Barbara, and Ventura Counties. Our oficinas cubren la costa de California desde Paso Robles, al norte, hasta Camarillo, al sur.

Ofrecemos servicios especializados incluyendo Bienes Raíces de Lujo, Bienes Raíces Agrícolas y Ranchos, Viñedos, Bienes Raíces Frente al Mar, Bienes Raíces Comerciales y Bienes Raíces Residenciales. Nuestro agentes have a keen focus on these areas and multilingual and generational expertise. Visit our website at C21Home.com  para ver nuestros listados de California y la ubicación de nuestras oficinas.