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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thousand Oaks is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Thousand Oaks was a Seller's Market.

Key Takeaway

Thousand Oaks is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Thousand Oaks, FL

How much do homes in Thousand Oaks, FL cost?

Median Sold Price

$355,000

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$30,000(+9.2%)

Key Takeaway

Homes in Thousand Oaks have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Thousand Oaks was $355,000 in April 2024, up 9.2% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $275K$280K
+1.8%
3 $346K$360K
+4.0%
4 $535K$479.9K
-10.3%
5+ -$546K
N/A

Summary: Thousand Oaks housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes did not change.

Housing Supply in Thousand Oaks, FL

How many homes are available in Thousand Oaks, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1514-6.7%

Summary: The Thousand Oaks real estate market had 14 homes for sale in April 2024, a 6.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 74
-42.9%
3 58
+60.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Thousand Oaks housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thousand Oaks, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Thousand Oaks in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Thousand Oaks, FL

How long does it take to sell a home in Thousand Oaks, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
64 Days18 Days-72.1%

Summary: Homes in Thousand Oaks had an average of 18 days on market in Apr 2024, down by 72.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 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.

Summary: During April 2024, 1 homes were sold in Thousand Oaks; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 7 Days Ago

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