jeffshoket
Thousand Oaks Real Estate Trends
Thousand Oaks Real Estate Trends: Insider Insights from Irina & Jeff Shoket
Thousand Oaks has always been a special place. We, Irina and Jeff Shoket, Thousand Oaks Realtors® with over 20 years of combined experience, have witnessed firsthand the enduring appeal of our community. But the market is dynamic, and staying ahead of the curve is key to success. Here, we share some crucial trends shaping Thousand Oaks real estate in 2024 and beyond, equipping you to make informed decisions.
Thousand Oaks Real Estate Market Dynamics: A Seller's Advantage, But for How Long?
Thousand Oaks undeniably favors sellers. Median list prices, according to Redfin, reached $1,075,000 in May 2024, and Redfin (www.redfin.com/city/19798/CA/Thousand-Oaks/housing-market) reports homes selling quickly, averaging 35 days on the market compared to 51 days last year. While this is great news for sellers, we're starting to see signs of a potential shift towards a more balanced market. Inventory levels, as reported by ZeroDown (zerodown.com/housing-market-analysis/thousand-oaks--caare), showing signs of stabilization. As Realtors®, we closely monitor these trends to adjust strategies and keep our clients informed.
Affordability: Strategies for Buyers and Sellers of Thousand Oaks Real Estate
Rising costs are a real concern. Irina and I understand the desire for a Thousand Oaks lifestyle, but affordability matters.
Thousand Oaks Real Estate Trends
Thousand Oaks Real Estate Trends: Insider Insights from Irina & Jeff Shoket
Thousand Oaks has always been a special place. We, Irina and Jeff Shoket, Thousand Oaks Realtors® with over 20 years of combined experience, have witnessed firsthand the enduring appeal of our community. But the market is dynamic, and staying ahead of the curve is key to success. Here, we share some crucial trends shaping Thousand Oaks real estate in 2024 and beyond, equipping you to make informed decisions.
Thousand Oaks Real Estate Market Dynamics: A Seller's Advantage, But for How Long?
Thousand Oaks undeniably favors sellers. Median list prices, according to Redfin, reached $1,075,000 in May 2024, and Redfin (www.redfin.com/city/19798/CA/Thousand-Oaks/housing-market) reports homes selling quickly, averaging 35 days on the market compared to 51 days last year. While this is great news for sellers, we're starting to see signs of a potential shift towards a more balanced market. Inventory levels, as reported by ZeroDown (zerodown.com/housing-market-analysis/thousand-oaks--caare), showing signs of stabilization. As Realtors®, we closely monitor these trends to adjust strategies and keep our clients informed.
Affordability: Strategies for Buyers and Sellers of Thousand Oaks Real Estate
Rising costs are a real concern. Irina and I understand the desire for a Thousand Oaks lifestyle, but affordability matters.