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Articles

Ojai Home Prices Continue Slide

By Daryl Kelley
It’s been nearly five years since homes in Ojai sold for so little.
The 15 houses and condominiums that closed escrow in July sold for an average of $460,000, the lowest average sales price since Ojai homes sold for a mean of $433,000 in December of 2003, according to an authoritative real estate information service.
Last month’s sales price compares with an average of $988,000 for 21 sales in July of 2007, and is the lowest selling price for purchases

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