Is Thousand Oaks, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thousand Oaks is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Thousand Oaks has remained a Seller's Market.

Key Takeaway

Thousand Oaks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Thousand Oaks, CA cost?

Median Sold Price

$1,014,465

$521/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$99,700(+10.9%)

Key Takeaway

Homes in Thousand Oaks have sold for 10.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $330K$377.5K
+14.4%
2 $525K$585K
+11.4%
3 $799.9K$895K
+11.9%
4 $1.0M$1.1M
+15.6%
5+ $1.3M$1.4M
+8.6%

Median Sold Price Compared To Nearby Cities

Westlake Village
+30.6%
Triunfo Pass-Point Mugu
+11.7%
Westlake Village
+11.3%
Thousand Oaks
+10.9%
Newbury Park
+9.2%

How many homes are available in Thousand Oaks, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
333315-5.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 66
0.0%
2 4742
-10.6%
3 10699
-6.6%
4 116113
-2.6%
5+ 5855
-5.2%

Number of Homes Sold

Oct 2022Nov 2022%
8584-1.2%

Asking Price vs. Sold Price

56 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thousand Oaks, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
32 Days40 Days+23.4%

Breakdown of Home Sale Times

41 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Thousand Oaks are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Thousand Oaks, CA

Homes for sale in Thousand Oaks, CA have reached 315. The number of homes for sale in Thousand Oaks, CA decreased by 5.4% between October 2022 and November 2022. Listings spent 40 days on the market in November 2022, and had a median list price of $1,014,465 during the same period. Listing prices have changed in this real estate market between October 2022 and November 2022: the cost of 1 bedroom properties went up by 14.4%, 2 bedrooms properties prices increased by 11.4%, 3 bedrooms properties prices increased by 11.9%, the cost of 4 bedrooms properties went up by 15.6%, 5 bedrooms properties became 8.6% more expensive. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 10.6%, number of 3 bedrooms homes decreased by 6.6%, the quantity of 4 bedrooms homes went down by 2.6%, number of 5 bedrooms homes decreased by 5.2%. While more than 17 listings in Thousand Oaks, CA in November 2022 were sold above asking price, there were more than 11 listings sold at asking price, and more than 56 were sold below.

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