The supply/demand imbalance continues to put upward pressure on home prices in the Conejo Valley and through much of Southern California. The number of sales may be down, but marketing times remain historically low, and median home prices edge higher. Location matters and the Conejo Valley continues to experience strong demand, with homebuyers from the Greater Los Angeles area moving west. The work-from-home phenomenon provides an opportunity for Westside residents who work downtown to move to the suburbs and avoid things like crime, traffic, and homelessness. Our local median home price of $1,050,000 may seem high to us, but it’s very reasonable compared to the Westside.