Inventory Levels for Ventura, Oxnard and Camarillo declined slightly compared to a reading a month ago in August. The inventory levels are  only a snapshot because inventory changes all the time every day – new listings come on the market and others close escrow. These numbers are for active listings, not homes in escrow, etc. The low numbers are reflected in the competitive bidding for entry level homes which are still being driven by distressed sales (REOs and short sales).