Q3 | 2017
Ventura County and Surrounding Areas
Market Update
WESTLAKE VILLAGE
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805.963.1391
All data within this document is pulled from CSMAOR, SRAR and VCCAR MLS. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc. Equal housing opportunity. SIR CalBRE#: 899496.
Ventura County
and Surrounding Areas
04 06
Market Shapshot | All Areas
08 10 12
18 20 22 24 24
Agoura Hills Calabasas Camarillo
14 16
Featured Properties
Channel Islands Lake Sherwood Ojai
Thousand Oaks Ventura
Westlake Village Extraordinary Results
Featured Properties We invite you to explore our exclusive offerings at S OTHEBYS H O ME S.C O M/ VE NT U RA
CAMARILLO
Old World Elegance | Offered at $4,295,000 sothebyshomes.com/0423856
OJAI
Offered at $4,950,000 sothebyshomes.com/0423392 WESTLAKE VILLAGE
Offered at $3,625,000 31640saddletree.com OJAI
Offered at $2,795,000 sothebyshomes.com/0114134 SOMIS
Offered at $2,699,000 sothebyshomes.com/0423997 *in order from left to right, top to bottom
sothebyshomes.com/ventura
5
/ Featured Properties / Ventura County Q3 Market Update
s Sold apshot
Market Snapshot
Ventura County | Q3 2017
$960,000
Westlake Village
Units vs ASP - Mkt Snapshot
1100
$940,000
Agoura Hills
$920,000
Calabasas
1050
$900,000 $880 ,000
Ventura
1000 $860,000
Camarillo
$840 ,000 950 $820,000 $800,000
Thousand Oaks Ojai
Channel Islands Lake Sherwood
900
$780,000 $760,000 $740,000
850
2013 2014 2015 2016 2017
Total Units Sold 72 85 209 50 2 56 221 219 88
Average Selling Price vs. Total Units Sold
Agoura Hills
Average Selling Price
Calabasas
Total Units Sold
Camarillo Channel Islands Lake Sherwood Ojai Thousand Oaks Ventura Westlake Village
Comparison by Neighborhood Agoura Hills, Calabasas, Camarillo, Channel Islands, Lake Sherwood, Ojai, Thousand Oaks, Ventura, and Westlake Village
ASP - Market Snapshot
$2,000,000 $1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $-
Agoura Calabasas Camarillo Channel Lake Hills Islands Sherwood
Ojai
Thousand Ventura Westlake Oaks Village
Average Selling Price Q3 2017
Agoura Hills
Lake Sherwood
Calabasas
Ojai
Camarillo
Thousand Oaks
Channel Islands
Ventura
7
Westlake Village
/ Q3 Highlights / Ventura County Q3 Market Update
at a glance {Q3 | 2017}
agoura hills
6
%
Change in Average Selling Price {2017 v 2016}
11
%
Change in Units Sold {2017 v 2016}
72 Units Sold
1.2m
$
Average Selling Price
Units vs ASP
|
Average Selling Price Total Units Sold $1,400,000
80
$1,200,000
70 60
$1,000,000
50
$800,000
40 $600,000
30
$400,000
20
$200,000
10
$-
0
2013
2015
2014
2016
Average Selling Price
2017
Total Units Sold
About
Agoura Hills As the gateway to the Santa Monica Mountains National Recreation Area in northern Los Angeles County, Agoura Hills and Calabasas houses some of Hollywood’s premiere celebrities, due in part to its private landscape, rolling hills and ample open space. sothebyshomes.com/ventura
{ALP vs ASP}
Average Average Discount Median Total Average Days List Price Selling Price Ratio Selling Price Units Sold on Market {2017 v 2016}
Change
6%
6%
-
14%
11%
-9%
2017
$1,185,424
$1,158,520
2%
$1,002,500
72
57
2016
$1,116,812
$1,088,783
3%
$879,000
65
62
2015
$937,408
$905,049
3%
$760,000
69
66
2014
$901,923
$878,923
3%
$756,700
52
75
2013
$924,151
$910,308
1%
$812,000
72
57
9
/ Agoura Hills / Ventura County Q3 Market Update
Units vs ASP
|
Average Selling Price Total Units Sold $2,000,000
90
$1,800,000
85
$1,600,000 $1,400,000
80
$1,200,000 $1,000,000
75
$800,000
70
$600,000 $400,000
65
$200,000 $-
60
2013
2015
2014
2016
Average Selling Price
2017
Total Units Sold
About
Calabasas Calabasas, the youngest city in Los Angeles County, has a longstanding commitment to preserving the community’s natural beauty and semirural quality of life. The city serves as a national leader in environmental and public health issues. sothebyshomes.com/ventura
{ALP vs ASP}
Average Average Discount Median Total Average Days List Price Selling Price Ratio Selling Price Units Sold on Market {2017 v 2016}
Change
-7%
-7%
-
-4%
13%
-24%
2017
$1,642,435
$1,594,006
3%
$1,475,000
85
40
2016
$1,769,343
$1,716,735
3%
$1,531,000
75
53
2015
$1,515,035
$1,468,734
3%
$1,274,000
81
62
2014
$1,602,258
$1,533,317
4%
$1,290,000
71
61
2013
$1,337,632
$1,311,833
2%
$1,139,000
83
35
Ventura County Q3 Market Update / Calabasas / 10
at a glance {Q3 | 2017}
calabasas
-7
%
Change in Average Selling Price {2017 v 2016}
13
%
Change in Units Sold {2017 v 2016}
85 Units Sold
1.6m
$
Average Selling Price
at a glance {Q3 | 2017}
camarillo
-1
%
Change in Average Selling Price {2017 v 2016}
-7
%
Change in Units Sold {2017 v 2016}
209 Units Sold
700k
$
Average Selling Price
Units vs ASP
|
Average Selling Price Total Units Sold $690,000
250
$680,000
240
$670,000 $660,000
230
$650,000
220
$640,000 $630,000
210
$620,000
200
$610,000
190
$600,000
180
$590,000
2013
2014
2015
2016
Average Selling Price
2017
Total Units Sold
About
Camarillo Camarillo is a thriving community in the heart of Ventura County. Situated on the Oxnard Plain, just nine miles from the Pacific Ocean. Camarillo offers an appealing mixture of rural and suburban lifestyles. With more than 300 sunny days annually and an average temperature in the low 70s, Camarillo’s climate is hard to beat. sothebyshomes.com/ventura
{ALP vs ASP}
Average Average Discount Median Total Average Days List Price Selling Price Ratio Selling Price Units Sold on Market {2017 v 2016}
Change
-3%
-1%
-
4%
-7%
-15%
2017
$675,178
$669,770
1%
$605,000
209
50
2016
$694,840
$678,433
2%
$581,500
224
59
2015
$696,608
$671,518
4%
$597,450
242
60
2014
$669,617
$655,020
2%
$540,000
202
67
2013
$635,272
$624,749
2%
$548,500
218
66
13
/ Camarillo / Ventura County Q3 Market Update
Units vs ASP
|
Average Selling Price Total Units Sold $1,150,000
60 50
$1,100,000
40
$1,050,000
30 $1,000,000
20
$950,000
10
$900,000
0
2014
2013
2015
2016
Average Selling Price
2017
Total Units Sold
About
Channel Islands Consisting of three historic neighborhoods: Hollywood Beach, Hollywood by the Sea and Silver Strand Beach, this 1.3 mile-long strip was subdivided using the glamor of Hollywood. With 2,150Âą boat slips, restaurants, sport fishing facilities and plenty of recreational activities. sothebyshomes.com/ventura
{ALP vs ASP}
Average Average Discount Median Total Average Days List Price Selling Price Ratio Selling Price Units Sold on Market {2017 v 2016}
Change
-7%
-2%
-
8%
0%
24%
2017
$1,138,480
$1,097,680
4%
$1,022,000
50
94
2016
$1,222,485
$1,122,493
8%
$945,000
50
76
2015
$1,149,959
$1,100,994
4%
$935,500
56
112
2014
$1,102,601
$1,026,972
7%
$885,000
53
106
2013
$1,019,590
$976,892
4%
$815,000
46
98
Ventura County Q3 Market Update / Channel Islands / 14
at a glance {Q3 | 2017}
channel islands
-2
%
Change in Average Selling Price {2017 v 2016}
0
%
Change in Units Sold {2017 v 2016}
50 Units Sold
1.1m
$
Average Selling Price
at a glance {Q3 | 2017}
lake sherwood
2
%
Change in Average Selling Price {2017 v 2016}
-67
%
Change in Units Sold {2017 v 2016}
2
Units Sold
1.8m
$
Average Selling Price
Units vs ASP
|
Average Selling Price Total Units Sold $2,000,000
7
$1,800,000
6
$1,600,000 $1,400,000
5
$1,200,000
4
$1,000,000 $800,000
3
$600,000
2
$400,000
1
$200,000 $-
0
2013
2015
2014
2016
Average Selling Price
2017
Total Units Sold
About
Lake Sherwood Surrounded by beauty and overflowing with family fun, Lake Sherwood offers a warm environment that invites you to enjoy golf, tennis, boating, swimming and back-country style living. sothebyshomes.com/ventura
{ALP vs ASP}
Average Average Discount Median Total Average Days List Price Selling Price Ratio Selling Price Units Sold on Market {2017 v 2016}
Change
1%
2%
-
33%
-67%
-77%
2017
$1,847,000
$1,805,000
2%
$1,805,000
2
22
2016
$1,834,667
$1,771,167
3%
$1,352,500
6
92
2015
$1,773,625
$1,747,875
1%
$1,452,500
4
50
2014
$1,454,000
$1,389,667
4%
$1,389,000
3
76
2013
$1,309,500
$1,298,500
1%
$1,225,000
4
48
17
/ Lake Sherwood / Ventura County Q3 Market Update
Units vs ASP
|
Average Selling Price Total Units Sold $1,200,000
70
$1,000,000
60 50
$800,000
40 $600,000 30 $400,000
20
$200,000
10 0
$-
2013
2014
2015
2016
Average Selling Price
2017
Total Units Sold
About
Ojai Set in a valley in the Topa Topa Mountains, the city has a village-like center dotted with art galleries and New Age shops. Home to artisans of every calling - farmers, celebrities, spiritualists and the famous Ojai Valley Inn. sothebyshomes.com/ventura
{ALP vs ASP}
Average Average Discount Median Total Average Days List Price Selling Price Ratio Selling Price Units Sold on Market {2017 v 2016}
Change
-1%
1%
-
-2%
12%
-13%
2017
$955,089
$937,069
2%
$745,000
56
94
2016
$963,280
$929,742
3%
$760,000
50
107
2015
$1,010,754
$952,363
6%
$648,000
63
96
2014
$797,877
$770,629
3%
$602,250
58
101
2013
$865,565
$807,984
7%
$559,500
46
111
Ventura County Q3 Market Update / Ojai
/ 18
at a glance {Q3 | 2017}
ojai
1
%
Change in Average Selling Price {2017 v 2016}
12
%
Change in Units Sold {2017 v 2016}
56 Units Sold
900k
$
Average Selling Price
at a glance {Q3 | 2017}
thousand oaks
7
%
Change in Average Selling Price {2017 v 2016}
1
%
Change in Units Sold {2017 v 2016}
221 Units Sold
900k
$
Average Selling Price
Units vs ASP
|
Average Selling Price Total Units Sold $900,000
250
$880,000 $860,000
200
$840,000 $820,000
150
$800,000 $780,000
100
$760,000 $740,000
50
$720,000 0
$700,000
2013
2014
2015
2016
Average Selling Price
2017
Total Units Sold
About
Thousand Oaks The City of Thousand Oaks is a premiere community recognized for being one of the most desirable places in all of California to live, work, recreate, and raise a family. Over 15,000 acres of natural publicly owned open space located within the City’s boundaries. Thousand Oaks is rated among the top safest cities in the Nation. sothebyshomes.com/ventura
{ALP vs ASP}
Average Average Discount Median Total Average Days List Price Selling Price Ratio Selling Price Units Sold on Market {2017 v 2016}
Change
6%
7%
-
6%
1%
-26%
2017
$887,185
$875,324
1%
$780,000
221
44
2016
$833,316
$819,403
2%
$736,400
218
60
2015
$805,856
$789,538
2%
$680,000
219
69
2014
$802,846
$767,579
4%
$677,950
173
67
2013
$826,976
$804,796
3%
$655,000
211
59
21
/ Thousand Oaks / Ventura County Q3 Market Update
Units vs ASP
|
Average Selling Price Total Units Sold $700,000
240
$680,000
230
$660,000 220
$640,000 $620,000
210
$600,000
200
$580,000 190
$560,000 $540,000
180
2013
2014
2015
2016
Average Selling Price
2017
Total Units Sold
About
Ventura A California coastal city, Ventura is known for its beaches, long Ventura Pier, Mission San Buenaventura with its 1809 church and Surfer’s Point - popular for surfing and windsurfing. sothebyshomes.com/ventura
{ALP vs ASP}
Average Average Discount Median Total Average Days List Price Selling Price Ratio Selling Price Units Sold on Market {2017 v 2016}
Change
8%
7%
-
5%
1%
-10%
2017
$701,289
$687,939
2%
$599,000
219
54
2016
$650,137
$640,677
1%
$569,950
216
60
2015
$613,685
$600,577
2%
$538,882
210
72
2014
$640,330
$623,022
3%
$517,500
233
65
2013
$616,729
$603,744
2%
$475,000
201
61
Ventura County Q3 Market Update / Ventura / 22
at a glance {Q3 | 2017}
ventura
7
%
Change in Average Selling Price {2017 v 2016}
1
%
Change in Units Sold {2017 v 2016}
219 Units Sold
700k
$
Average Selling Price
at a glance {Q3 | 2017}
westlake village
9
%
Change in Average Selling Price {2017 v 2016}
-4
%
Change in Units Sold {2017 v 2016}
88 Units Sold
1.5m
$
Average Selling Price
Units vs ASP
|
Average Selling Price Total Units Sold $1,800,000
140
$1,600,000
120
$1,400,000
100
$1,200,000 $1,000,000
80
$800,000
60
$600,000
40
$400,000
20
$200,000
0
$-
2013
2014
2015
2016
Average Selling Price
2017
Total Units Sold
About
Westlake Village Breathtaking blue waters of Westlake Lake, lush rolling pastures of horse country and a lively array of leisure activities ranging from biking or hiking to golfing on any one of our many private or public courses. sothebyshomes.com/ventura
{ALP vs ASP}
Average Average Discount Median Total Average Days List Price Selling Price Ratio Selling Price Units Sold on Market {2017 v 2016}
Change
10%
9%
-
-5%
-4%
-5%
2017
$1,579,750
$1,531,522
3%
$1,222,500
88
60
2016
$1,441,583
$1,401,558
3%
$1,292,000
92
63
2015
$1,497,001
$1,417,149
5%
$1,152,000
122
82
2014
$1,210,052
$1,180,478
2%
$911,500
86
84
2013
$1,234,774
$1,196,829
3%
$1,050,000
97
59
25
/ Westlake Village / Ventura County Q3 Market Update
Extraordinary Results We celebrate the notable success of our associates and clients
WESTLAKE VILLAGE
Sunrise & Sunset Mountain Views Last asking $2,497,000
THOUSAND OAKS
1217 Calle Arroyo Last asking $1,550,000 MOORPARK
Beautiful Gated Hilltop Residence Last asking $1,395,000 CHANNEL ISLANDS
Hollywood Beach Jewel Last asking $1,395,000 WESTLAKE VILLAGE
Large One Story with Pool Last asking $1,309,950 *in order from left to right, top to bottom
sothebyshomes.com/ventura 27
/ Significant Sales / Ventura County Q3 Market Update
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