Conejo Valley Real Estate Update – September 2024
The Conejo Valley real estate market remains strong, and the median sales price in July in Thousand Oaks was nearly unchanged at $1.40 ml. The median days on the market remain near 30, but it is still a Sellers’ market. The number of active listings in the Conejo has increased to 303, an 8% increase over last month, still a very low number considering a local population of roughly 130,000. Roughly 30% of the active listings were listed for less than $1ml., and a vast majority of those are townhomes and condos. 14% of the active listings are priced above $3ml., and the average for the Conejo Valley remains around $1.8ml. The most expensive neighborhood locally remains North Ranch, with four recent sales between $8ml. and $12ml.
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