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Inventory Falls Below 200!

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Housing inventory in Ventura has officially fallen below 200 properties on the market. This is a decrease of over 50% in housing inventory since January 2011, indicating that the bottom of the real estate market may be behind us.

The Ventura County Star seems to agree in citing that Ventura sales were up 17.5% this month, largely due to multiple offers on properties priced within their respective hit zones.

 

The Graph Reflecting a 50.63% Decrease in Inventory