Welcome to your monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 39% from one year earlier and up 10% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was just under 550-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 39% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was 390-thousand dollars. Overall, The number of units sold Decreased 10% year-over-year and Increased 50% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Thousand Oaks, CA
Area Information for Thousand Oaks, CA
Population:127,232
Median Age:34.95 yr
Median Commute Time:18.72 mins
Educational Climate*:4
Recycling Likelihood**:120
Sales Tax:11%
Population Density:2,166/sq mi
Population Change Since 2000:9%
Closest Airport:Oxnard
Closest College:California Lutheran University
Closest Jr. College:Moorpark College
Median Household Income:$102,008
Annual Residential Turnover:15.98%
Median Years in Residence:4.02 yr
Median Home Sales Price:$470,000
Closest Major Sports Team:Los Angeles Clippers / Los Angeles Lakers / Los Angeles Kings
Change Avg. Household Income Since 2000:33%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Thousand Oaks, CA
Median Age: 34.95Married: 46%Number of Households: 45,988Households with Children: 16,872
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)