If you’re a homeowner in Westlake Village, Thousand Oaks, Agoura Hills, Newbury Park, or Simi Valley thinking about moving, one big question is likely top of mind:

Should you sell your current house first, or find your next home before listing?

It’s a common concern for sellers in today’s real estate market—and the truth is, there’s no one-size-fits-all answer. Your best move depends on your financial situation, your goals, and the Conejo Valley housing market conditions. That’s where partnering with an experienced real estate agent becomes crucial.

A local agent can offer guidance tailored to your neighborhood, your timeline, and current buyer behavior. But if you're looking for early insight, selling your home first often puts you in the strongest position.

Why Selling First Often Makes Sense in Conejo Valley

1. You’ll Access Your Home Equity

If you've owned your home for a while, chances are you've built up significant equity. According to recent data from Cotality, the average homeowner has about $302,000 in equity. In real estate markets like Simi Valley or Thousand Oaks, that number can be even higher.

By selling first, you unlock that equity—giving you more buying power and potentially enough for a larger down payment or even a cash purchase for your next home.

2. Avoid Carrying Two Mortgages

Owning two homes at once can stretch your finances thin, especially with unpredictable repairs, escrow delays, or buyer contingencies. Selling your home before buying helps you avoid double mortgage payments and the stress that comes with them. As Ramsey Solutions advises:

“It’s best to sell your old home before buying a new one to avoid unnecessary risks and possible headaches.”

3. Your Offer Becomes More Attractive

In competitive areas like Agoura Hills and Newbury Park, sellers prefer clean, non-contingent offers. If your current home is already sold, your offer stands out—it shows financial readiness and reduces complexity for the seller. That gives you a leg up when competing for your next dream home.

What If You Need Temporary Housing?

While selling first has benefits, it may leave a gap between moving out and moving in. But don’t worry—there are options:

• Post-closing occupancy: Rent your home back from the buyer for a set period.

• Flexible closing dates: Your agent can help negotiate timing that works for both parties.

• Short-term rentals: Conejo Valley has several furnished rental options that can bridge the gap.

A local real estate agent can help you plan ahead and explore these options.

FAQ: What’s the Best Move for Sellers in the Conejo Valley?

Q: Should I sell my home before buying a new one in Thousand Oaks?
A: In most cases, yes—especially if you need your equity to fund your next purchase or want to avoid carrying two mortgages.

Q: How can I make sure I don't get stuck without a place to live?
A: Talk to a real estate professional about rent-back agreements or strategic timing for your sale and purchase.

Q: Can I sell and buy at the same time in Simi Valley?
A: Absolutely. Many sellers do a concurrent close, but it requires expert coordination from your agent.

Bottom Line: Selling First Gives You More Flexibility

If you're unsure where to start with your Conejo Valley move, selling first may help you:

• Buy with more financial confidence

• Reduce stress

• Submit stronger offers

At Lydia Gable Realty Group, we help clients across Westlake Village, Simi Valley, Thousand Oaks, Agoura Hills, and Newbury Park navigate these decisions every day. If you’re considering a move, let’s review your home equity, current market trends, and the best path forward—together.

📲 Contact us today to schedule a personalized consultation and take the next step with confidence.