The Market Statistics for Thousand Oaks show us that the number of sold homes has dropped rather dramatically by 52.46% from 2010. The average sold price for Thousand Oaks homes did not fall as drastically, only 4.24% and while that is still shows prices decreasing, it is not an alarming percentage.
The average list price compared to sales price for the homes sold in Thousand Oaks was 96.10%!
In Thousand Oaks based on the inventory levels and following the standard market absorption analysis criteria, we see that the Thousand Oaks Real Estate Market falls within a Buyer's Market.
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