Southwest Housing Market Report May 2025•Ventura County, California

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Housing Prices in Southwest, CA

How much do homes in Southwest, CA cost?

Housing Market Conditions

Is Southwest, CA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Southwest is a Neutral Market

Difference Since May 2024

At the same time last year, Southwest was a Seller's Market.

Insight

Southwest is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$731,875$549/SqFt
+$2,250
0.3%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Southwest has remained the same since last year.

Summary: The median home sold price in Southwest was $731,875 in May 2025, up 0.3% from last year, and the median price per square foot was $549.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Silver Strand
+1.0%
Southwest
0.3%
Hueneme Bay
-2.3%
Hollywood By The Sea
-40.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$465K$500K
+7.5%
2$591.5K$574.8K
-2.8%
3$766.5K$769K
0.3%
4$878.5K$877K
-0.2%
5$1.6M$2.2M
+35.2%

Summary: Southwest housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +7.5%. The home price for 2 bedroom homes decreased by -2.8%. The home price for 3 bedroom homes increased by 0.3%. The home price for 4 bedroom homes decreased by -0.2%. The home price for 5 bedroom homes increased by +35.2%.

How does Southwest, CA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Southwest, CA

Housing supply in Southwest, CA

How many homes are available in Southwest, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
227Last MonthMay 2025
1992 months agoApr 2025
+14.1 %
Change MoMApr – May

Summary: The Southwest real estate market had 227 homes for sale in May 2025, a 14.1 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
36Last MonthMay 2025
302 months agoApr 2025
+20.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
159
+80.0%
27385
+16.4%
37176
+7.0%
43842
+10.5%
51215
+25.0%

Summary: Southwest housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +80.0%. The inventory for 2 bedroom homes increased by +16.4%. The inventory for 3 bedroom homes increased by +7.0%. The inventory for 4 bedroom homes increased by +10.5%. The inventory for 5 bedroom homes increased by +25.0%.

Asking Price vs. Sold Price

How much do homes in Southwest, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price8 Homes

At Asking Price12 Homes

Under Asking Price16 Homes

Insight

If you're buying a home in Southwest, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Southwest in May 2025, up by 20.0% month-over-month. Of the 36 sold homes, 44% were sold under asking, 33% were sold at asking, and and 22% were sold over asking.

Days on Market for Southwest, CA

How long does it take to sell a home in Southwest, CA?

Breakdown of Home Sale Times

Under 30 Days15 Homes

30 – 90 Days13 Homes

Over 90 Days8 Homes

Insight

Many homes in Southwest are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 36 homes were sold in Southwest; 42% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
54 DaysThis YearMay 2025
25 Days1 year agoMay 2024
+110.9 %
Change YoYMay 2024 – May 2025

Summary: Homes in Southwest had an average listing age of 54 days in May 2025, up by 110.9% compared to the previous year.

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Newest Listings in Southwest, CA

What homes are available in Southwest, CA?

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Nearby markets

Popular Cities with Homes for Sale in California

MLS Disclaimers and Copyright

Based on information from California Regional MLS, and Santa Barbara MLS for the period 06/01/2023 - 06/01/2025

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/18/2025, 4:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/18/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.