Today’s real estate market update will span the last two decades in Ventura County. From 2000 to 2019, I’ll examine the number of home sales, new listings, the average absorption rate, and the median absorption rate for each year. What these numbers mean and how they compare to each other will give you a good idea of where we stand entering 2020.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in its entirety or use these timestamps to browse specific points at your leisure:
1:16—Total yearly home sales from 2000 to 2019
2:58—Total yearly new listings from 2000 to 2019
3:53—The yearly average absorption rate from 2000 to 2019
5:51—What the average absorption rate indicates for our market
7:01—The yearly median absorption rate/wrapping things up
If you have any additional questions about our Ventura County market, or you’re thinking of buying or selling a home soon, don’t hesitate to reach out to me. I’d love to help you.
