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Ventura County Coastal Association of Realtors presents Fillmore housing market snapshot: median price rises to about $750,000
Summary
VCCAR presented a year‑end housing market update to Fillmore city council showing a roughly 7.5% median price increase, flat sales volume and tight inventory; the association urged zoning flexibility and public‑private collaboration to boost affordability.
The Ventura County Coastal Association of Realtors presented an end‑of‑year housing market update to the Fillmore City Council on Jan. 28, reporting that the median single‑family home price in Fillmore rose from about $700,000 to $750,000 year‑over‑year and that the number of homes sold in 2024 stayed flat at 78.
Rebecca Elliott, president of the Ventura County Coastal Association of Realtors, told the council the market mix reflects strong demand and very limited inventory. ‘‘This growth reflects a combination of demand for housing and very limited inventory,’’ she said. The association’s report noted that a healthy market typically requires about six months of supply; in Fillmore, reported inventory was roughly 2.9 months in 2024 and was projected at about 3.8 months in 2025.
Why it mattered: the presentation put local values and sales volume into the broader county context and described local policy levers the association believes could support more housing supply and affordability.
The report highlighted affordability pressures across Ventura County: wages are not keeping pace with housing costs; rental costs have increased and challenge working families; and first‑time buyers face significant competition for limited listings. The association recommended several policy approaches to expand housing options, including zoning flexibility, incentives for workforce housing and streamlined regulatory approvals for projects that produce affordable units.
The presenters also described consumer‑protection activities and community work: the association cited its role in forming the Real Estate Fraud Advisory Team (REFAT) with the Ventura County District Attorney’s Office, and noted volunteer and relief efforts following major local fires.
Council response and follow‑up: council members welcomed the quarterly report series the association plans to offer to west Ventura cities and encouraged the group to share copies for posting on the city website. No city action was requested at the meeting.
