Let´s continue from where I left off in my last article.  Now we shall look at what is happening with condominiums in Ventura Country Club.  We are going to compare sales from 28th of August 2017 to 28th of August 2018 to sales from the 28th of August 2018 to 28th of August 2019.

On August 28th we had 11 condos for sale in Ventura Country Club, they are priced from $99,900 to $215,000, the average asking price is $154,981 and the median price is $154,990.  Then if we look at the square foot price, we see that the high square foot price is $202 and the low square foot price is $122. Average square foot price is $155 and the medium square foot price is $148.  Note the difference between the high square foot price and the low square foot price.

There are 12 condos pending sale in Ventura Country Club today.  The high asking price is $208,000 and the lower asking price is $85,300.  Square footage price is $181 high and $109 low price, average asking price of pending units is $142 and the median price is $146.  Note how much lower the square foot price is on the pending sale units compared to the active for sale.

Now let’s look at the two last years.  In the first period (2017-2018) 88 condominiums sold in Ventura Country Club compared to 78 in the later period (2018-2019).  The maximum value of these condos sold for $189,900 in 2017-2018 but $210,000 in 2018-2019, maximum value increase was 10.58%.  Then looking at the lower values that was $65,000 in 2017-2018 and $75,000 in 2018-2019, this is a 15.3% increase.  The average value in the 2017-2018 period was $119,387 and in the 2018-2019 period it was $131,915.  The median value in 2017-2018 was $117,200 and $125,000 in 2018-2019.  Now let’s look at the square foot price, in 2017-2018 the high square footage price was $154 and $210 in 2018-2019. The low square foot price was $72 in 2017-2019 and $100 in 2018-2019. The average square foot price in 2017-2018 was $120 and $136 in 2018-2019, this is a 13.33% increase in the average value of a condominium in Ventura Country Club.  Then looking at the median values between 2017-2018 which was $118 compared with $137 in 2018-2019, the median square foot price in Ventura Country Club for a condominium increased 16.1% between the years.  If you would like to know the market value of your condominium in Ventura Country Club, contact Petur Sigurdsson, Broker at 321-263-5096 or email him at Petur@TheVikingTeam.com