Market Updates

The Conejo Valley market remains resilient, but the median doesn't tell the whole story. Our market is beginning to bifurcate.

Marketing times dipped to 32 days. Inventory reached 481 listings, with fewer homes above $3M and 41 single-family homes listed below $1M.

In 2008, homeowner equity and mortgage debt were nearly equal. Today equity is more than double the debt, and that cushion changes the picture.

Inventory rose to 446 listings in July. Single-story homes are in demand, fixers are out of favor, and 66 condos sit under $600,000.