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Realtors report higher listings and easing prices but affordability challenges remain in Santa Paula
Summary
The Ventura County Coastal Association of Realtors presented local housing data showing active listings and closed sales up sharply in 2024, median price down about 4% to roughly $720,000, and continued affordability pressures for renters and buyers.
Cammy Pinsac, 2024 president of the Ventura County Coastal Association of Realtors, presented a Santa Paula-specific market update, citing a roughly 56% homeownership rate and year-over-year increases in listings and closed sales. Pinsac said active listings rose about 63% and closed sales doubled from 10 to 20 in the cited period.
"Median sales price came down almost 4% to settle at around $720,000 for the year," Pinsac said, adding that months' supply of inventory rose and that workforce-development and housing-policy coordination remain important to address affordability.
