As of February 2024, the real estate market in Ventura saw a 13.3% increase in home prices over the previous year, with the median price of homes reaching $901K. Homes in Ventura are selling faster, staying on the market for an average of 39 days, which is a decrease from 53 days the year before. The number of homes sold in February this year slightly declined to 49, down from 50 sales recorded in the same month last year. This suggests a tighter market, where properties are not only appreciating in value but also moving more quickly, albeit with a marginal reduction in the total number of transactions.

The Ventura real estate market is fairly competitive, with properties typically selling within 36 days. Several homes receive multiple offers, indicating a strong demand. On average, homes sell for approximately their listing price and tend to go under contract within the same 36-day timeframe. Properties that are especially desirable, known as "hot homes," may sell for roughly 2% above the asking price and move to pending status in about 21 days, reflecting their higher demand.

Nationally, 5% of potential homebuyers showed interest in relocating to Ventura from different metropolitan areas. The majority of this interest came from San Francisco, marking it as the top source of prospective buyers looking to move to Ventura. Following San Francisco, New York and Seattle were the next largest metro areas where homebuyers expressed a significant interest in relocating to Ventura. This indicates Ventura's appeal to buyers from high-density urban centers seeking possibly different lifestyles or property values.