By Chris B Johnson Realtor, Thousand Oaks Short Sale Map, Ventura County Short Sale, The Thousand Oaks Short Sale Market seems to be stalling. Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit. The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes it’s climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
| Most popular zip codes | Avg. listing Price Week ending May 28 | w-o-w |
| 91362 | $1,134,232 | -0.9% |
| 93065 | $618,537 | -0.4% |
| 93003 | $522,632 | +3.5% |
| 93023 | $1,634,160 | +8.0% |
| 91361 | $1,933,180 | +2.2% |
Market Trends for Thousand Oaks
| Average Listing Price | $1,189,311 | +0.8% | w-o-w | |||
| Median Sales Price | $595,000 | +9.2% | y-o-y | |||
| Average Price/sqft | $326 | +2.8% | y-o-y | |||
| Number of Sales | 267 | -28.0 % | y-o-y | |||
| No. Bedrooms | Mar – May ’14 | y-o-y | 3 months prior | 1 year prior | 5 years prior | |
| 1 bedroom | $205,000 | -2.4% | $195,000 | $210,000 | $150,000 | |
| 2 bedrooms | $305,504 | +18.9% | $318,000 | $257,000 | $232,000 | |
| 3 bedrooms | $515,000 | +7.3% | $513,000 | $480,000 | $410,000 | |
| 4 bedrooms | $682,000 | +10.0% | $680,000 | $620,000 | $569,000 | |
| All properties | $595,000 | +9.2% | $575,000 | $545,000 | $477,000 | |
Looking for help? I can help you get your Single Point Of Contact, obtain a Loan Modification or Short Sale your property and get back on your feet.
Send me an e-mail at cjohnson@prucalhomes.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 805-208-0823.
Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.
Thinking about a loan modification? Our Moorpark loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.
If you would like periodic updates on what is going on in Your Neighborhoodor the Ventura County Real Estate Market, Click on the Links!
Thanks for reading this,
Chris B Johnson.
Chris B Johnson is a Realtor with Prudential California Realty, Berkshire Hathaway HomeServices .
Phone: 805-208-0823.
email cjohnson@prucalhomes.com.
By Chris B Johnson Realtor.
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