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Which Homes Receive the Most Buying Competition?

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Homes in Ventura with market values under $400,000 are selling for an average of 1% over list price. This is compared to 3% below list price for properties valued above $400,000. This is due to the fact that most home buyers qualify for homes under $400,000 and because investments in single family dwellings over $400,000 generally do not cash flow.

Therefore, there are more home buyers and investors competing for the same properties — making the $300,000-$400,000 price bracket the most popular, yet most competitive.

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