Saturday, 19 August 2017

What is my Thousand Oaks home worth? Market report for 05/18/17

Written by Posted On Thursday, 18 May 2017 21:50

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: 173 156 17
Pending: 30 33 -3
Sold (over the last six months): 239 239 0
Median list price: $799,000.00 $799,000.00 $0
Median sales price: $742,000.00 $739,900.00 $2,100
Median days on market: 52 52 0
Months of inventory: 3.86    
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
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#TO #ThousandOaks #RealEstate #HomeValue #PropertyValues #WhatIsMyHomeWorth
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Ryan Huggins

Ryan grew up in the real estate business. He obtained his license in the late 90s at the age of 18.

Ryan brings to the table not only a lifetime of real estate knowledge, but also a unique and technical skillset, based upon his vast experience in world class technology environments for some of the biggest Fortune 100 companies!

Ryan is well versed in a variety of disciplines including: Social Media Marketing, Paperless Transactions, Investment Properties, First Time Buyers, Property Management, Foreclosure Assistance and Relocation.

In his free time Ryan enjoys working out, cooking, hiking and volunteering with Malibu Search and Rescue as a member of their Incident Support Team.  In 2015 Ryan was one of 15 nominees (out of over 3,000 volunteers) for the LA County Sheriff Volunteer of the Year award!

Ryan can be reached at: 805.905.4000 or Ryan@HugginsHomes.com

www.HugginsHomes.com

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