60 SECOND NEWSLETTER - JULY 2020
Ojai Market Report Below is what we’re seeing in the Ojai market when comparing July 2019 toJuly 2020 .
11% increase in homes sold
33% decrease in homes under contract
What this means together is that demand increased in the Ojai market. While we’re still seeing a strong demand which is leading to shorter market times and increased prices, the decrease in homes under contract shows that the market may be slowing some. If you’re looking to sell, there is still healthy demand. If you’re looking to buy, you don’t need to feel rushed to make a decision.
Ventura Market Report Below is what we’re seeing in the Ventura market when comparing July 2019 to July 2020.
17% decrease in homes sold
10% decrease in homes under contract.
What this means together is that we’re seeing a slight decrease in demand over this time last year. The market is still strong though as we’re seeing more and more interested buyers out looking. The uncertainty in the news has led buyers to take more time to make a decision. However, if you’re priced right, you’re almost guaranteed to sell quickly.
Oxnard Market Report
Below is what we're seeing in the Oxnard when comparing July 2019 to July 2020.
10% decrease in homes sold
0% change in homes under contract.
What these numbers tell us is that while there was a small drop in demand year over year, our leading indicator of homes under contract shows us that the market is staying strong and steady.
Organization Tip #1 Most buyers rank storage space as one of their top considerations when buying a home. That’s why it’s important when preparing your home to sell that you take the time to organize your home well. This will demonstrate to prospective buyers the ample storage space in their future home.
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