Is Thousand Oaks, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Thousand Oaks has remained a Seller's Market.
Housing Prices in Thousand Oaks, CA
How much do homes in Thousand Oaks, CA cost?
Median Sold Price
$1,075,000
$539/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Thousand Oaks was $1,075,000 in April 2024, up 7.5% from last year, and the median price per square foot was $539.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $395K | $390K | -1.3% |
2 Bedrooms | $562K | $560K | -0.4% |
3 Bedrooms | $875K | $930K | +6.3% |
4 Bedrooms | $1.1M | $1.2M | +3.6% |
5+ Bedrooms | $1.4M | $1.5M | +4.9% |
Summary: Thousand Oaks housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Cities
Westlake Village | $1.3M | $1.5M | +8.9% |
Thousand Oaks | $999.9K | $1.0M | +7.5% |
Westlake Village | $1.3M | $1.4M | +7.3% |
Newbury Park | $924.1K | $987K | +6.8% |
Housing Supply in Thousand Oaks, CA
How many homes are available in Thousand Oaks, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
315 | 361 | +14.6% |
Summary: The Thousand Oaks real estate market had 361 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 36 | 40 | +11.1% |
3 Bedrooms | 89 | 94 | +5.6% |
4 Bedrooms | 118 | 144 | +22.0% |
5+ Bedrooms | 66 | 76 | +15.2% |
Summary: The Thousand Oaks housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 22%, and 5+ bedroom homes increased by 15.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
93 | 108 | +16.1% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
51 Homes Were Sold
Over Asking
Summary: A total of 108 homes were sold or pending in Thousand Oaks in April 2024, up by 16.1% month-over-month. Of the 108 sold homes, 32% were sold under asking, 20% were sold at asking, and 47% were sold over asking.
Days on Market for Thousand Oaks, CA
How long does it take to sell a home in Thousand Oaks, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 31 Days | -29.4% |
Summary: Homes in Thousand Oaks had an average of 31 days on market in Apr 2024, down by 29.4% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 108 homes were sold in Thousand Oaks; 69% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.