What is my Thousand Oaks home worth? Market report for 05/25/17

By
Real Estate Broker/Owner with www.HugginsHomes.com 01234617

This Week's Home Prices in Thousand Oaks

 Real estate market data provided by Ryan Huggins of Huggins Homes


About the Thousand Oaks Area

The City of Thousand Oaks is a premiere community recognized for being one of the most desirable places in all of California to live, work, recreate, and raise a family. Located in between Los Angeles and Santa Barbara in Ventura County, Thousand Oaks is nestled against the Santa Monica Mountains and with over 15,000 acres of natural publicly owned open space located within the City’s boundaries. The City is 56 sq miles with a population of 129,349.

The City prides itself on its open space with 75 miles of trails for hiking, biking, or just leisurely walking. While this natural acreage gives our community the best of nature, another source of pride is the Civic Arts Plaza. Opened in 1994, this jewel of cultural arts has become a beacon for our region featuring world-class entertainment, musicals, concerts, children’s shows, ballets, and much more. Another world class event that City is proud to be a part of is the Amgen Tour of California.

Thousand Oaks has served as host to the final stages of this international cycling race on several occasions. The Amgen Tour of California is the nation’s largest and most recognized cycling event. Thousand Oaks values collaboration with residents and businesses. This commitment to public-private partnerships is most evident in the adoption of the City’s blueprint for a revitalized downtown, the Thousand Oaks Boulevard Specific Plan. Some of the City’s most impressive accomplishments have come in the realm of infrastructure improvements. Public infrastructure enhances quality of life, and ensures the mobility of residents and businesses, now and in the future.

Thousand Oaks also strives to be a steward of the environment. Our efforts at local electricity generation have also been very successful, especially at our wastewater treatment plant. Thousand Oaks is a family-oriented community of 128,000, and the base of several thousand companies who provide over 70,000 jobs.

It is home to excellent schools, outstanding parks, and a myriad of shopping opportunities, including the largest auto mall in the nation. 

The City of Thousand Oaks has earned well-deserved accolades: 

  • Ranked #1 on FBI Safest Cities Rankings in California and #4 in the nation with a population of 100,000+
  • Ranked #4 on Kiplinger's "10 Great Cities to Raise Your Kids"
  • Bicycling Magazine's Top 50 Bike-Friendly Cities in America
  • Featured in the Safewise 50 Safest Cities in California
  • Tree City USA
  • 2013 Top 50 ranking for the Government Green Fleet Award
  • Los Robles was the only hospital in Ventura County to be honored with an "A" grade in Fall 2013
  • Received recognition of excellence for TOTV by the National Association of Telecommunications Officers and Advisors
  • Named one of the 50 greenest cities in the US by Popular Science Magazine
  • Trail City National Hall of Fame

Source: City of Thousand Oaks website: https://www.toaks.org/living/about/default.asp

 
With so many great things about this city, including the miles upon miles of great hiking trails, massive amount of open space and major employers, it's no wonder why people want to move here and why I LOVE it here!
 
Many western movies, the Dukes of Hazard, parts of CHiPs, Airworlf and many other movies and TV shows have been filmed in this great city.
 
 

City Map

 

Thousand Oaks Real Estate Report Summary

Below is a current market snapshot of the Thousand Oaks area:

Thousand Oaks This week Last week Difference
Active: 184 173 11
Pending: 29 30 -1
Sold (over the last six months): 240 239 1
Median list price: $799,900.00 $799,000.00 $900
Median sales price: $750,000.00 $742,000.00 $8,000
Median days on market: 51 52 -1
Months of inventory: 4.10    
Market Type Seller's Market    

 

There are traditionally three types of real estate markets, the Buyer's Market, the Seller's Market and the Balanced Market.  I have taken this one step further and developed the "Strong" versions of the Buyer's and Seller's Market.  The strong markets are within 2.5 months of the end of the spectrum.  These markets are determined by the number of months it will take to sell all the homes actively on the market, at any given time.  

Below is the scale I developed to determine the type of market each area is in:

Strong Seller's: 2.5 months or less
Seller's: Less than 6 months
Balanced: 6 months
Buyer's: 7 months or more
Strong Buyer's: 9.5 months or more

 

CONTACT RYAN TODAY  to find out what you home is worth!

Ryan Huggins
Huggins Homes
e:Ryan@HugginsHomes.com
c:805.905.4000
w:www.HugginsHomes.com
#TO #ThousandOaks #RealEstate #HomeValue #PropertyValues #WhatIsMyHomeWorth
Posted by

Ryan Huggins
Broker, Huggins Homes
CICP, CRISC, CISA
Top 5% of Realtors nationwide
Top 40 Realtors in California
805.905.4000
Ryan@HugginsHomes.com
www.HugginsHomes.com
Serving your Real Estate needs in Ventura and Los Angeles Counties

DRE# 01234617

All information is deemed reliable but not guaranteed.

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Rainmaker
915,832
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I like the detail & maps you use for your reports, looks like a the tides turning a little based on the asking to sold %'s?

May 25, 2017 09:42 PM #1
Rainmaker
1,528,157
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Great effort to bring the numbers to consumers, Ryan Huggins - Thousand Oaks, CA  Have a great and fun weekend!

May 26, 2017 05:37 AM #2
Rainmaker
1,218,767
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thanks Thomas J. Nelson, Realtor, CRS.  Yes, the tide is starting to turn a little bit.  The summer influx of inventory started a couple weeks ago during a lul in buyers.  Buyer activity is picking up though, so the inventory supply numbers may start slowing down their uptick or stabilize.

May 26, 2017 09:14 AM #3
Rainmaker
1,218,767
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thanks Sandy Padula and Norm Padula, JD, GRI NMLS#1483386 

May 26, 2017 09:14 AM #4
Rainmaker
3,185,819
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Ryan with such good information no wonder more people want to buy in Thousand Oaks, so you are contributing to the high demand:)Endre

May 27, 2017 06:20 PM #5
Rainmaker
1,218,767
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thanks Endre Barath, Jr.!  Always happy to do my part. 

May 28, 2017 03:03 PM #6
Ambassador
1,913,124
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Anyone looking to buy or sell in Thousand Oaks should call Ryan Huggins - Thousand Oaks, CA  he certainly knows the market

May 31, 2017 02:11 PM #7
Rainmaker
1,005,518
Gloria Todor
Century 21 Absolute Realty - Springfield, PA
& Doug Durren (484) 431-3686 in SE PA

Great market report and info about the Thousand Oaks!  All the best Ryan.

May 31, 2017 03:59 PM #8
Rainmaker
1,218,767
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thanks Gloria and Hannah!

Jun 01, 2017 10:53 AM #9
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Rainmaker
1,218,767

Ryan Huggins - Thousand Oaks, CA

Residential Real Estate and Investment Properties
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