Pango Group

Thousand Oaks, CA

Single-Family Homes

www.pangogroup.com



Thousand Oaks, CA

Thu Oct 24 2024
This week the median list price for Thousand Oaks, CA is $1,380,000 with the market action index hovering around 54. This is less than last month's market action index of 56. Inventory has decreased to 59. Click here to stay informed with the Thousand Oaks market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Thousand Oaks, CA

Thu Oct 24 2024
This week the median list price for Thousand Oaks, CA is $1,380,000 with the market action index hovering around 54. This is less than last month's market action index of 56. Inventory has decreased to 59. Click here to stay informed with the Thousand Oaks market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Thousand Oaks market.
Median List Price $1,380,000
Median Price of New Listings $1,012,000
Per Square Foot $570
Average Days on Market 65
Median Days on Market 42
Price Decreased 44%
Price Increased 0%
Relisted 10%
Inventory 59
Median Rent
Market Action 54
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,247,500 4,162 0.5 - 1 acre 5 4.5 33 0 2 77
$1,599,000 3,265 0.25 - 0.5 acre 4 3 44 0 2 49
$1,200,000 2,083 8,000 - 10,000 sqft 4 2.5 54 1 0 21
$929,000 1,624 8,000 - 10,000 sqft 3 2 58 5 4 14