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County Home Sales Continuing to Lag

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On par with much of the rest of Southern California, home sales in Ventura County continued to lag in the third quarter of 1995, dropping more than 14% compared with last year, according to analysts monitoring the market.

A total of 2,301 homes were sold in the county between July and September of this year--384 fewer than last year, according to TRW-REDI Property Data.

The figures, which are based on recorded deeds, also show that Southern California saw a 10% drop in home sales during that same period, with the worst declines experienced in Orange County.

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The typical sale price of homes in Ventura County also declined slightly, with the average home fetching about $230,000, a decline of 1.2%.

TRW-REDI has attributed this year’s sluggish home sales, in part, to a lack of confidence in the job market.

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