Spend about 5 minutes online searching for news about the housing market, and odds are you’ll see something pop up about home prices. You may even stumble onto social media influencers saying we’re headed for a crash. Let’s get you the context you need.
The truth is prices are going to vary depending on where you live. But they're not crashing.
Here’s what you need to know.
The biggest thing feeding into the confusion online is how different home price trends are by area right now. Take a look at this data from ResiClub and Zillow (see graph below).
About half of the largest metros are seeing prices go up.
The other half are seeing some declines.
What’s Actually Happening (National vs Local)
Yes—some markets across the U.S. are seeing slight price declines.
But at the same time:
Other markets are still rising
Nationally, prices are still net positive
Experts expect continued growth through 2030
This is not a crash.
This is a market reset after rapid growth.
Why Conejo Valley Is Different
Real estate is hyperlocal—and Conejo Valley behaves differently than most markets.
In areas like:
Westlake Village
Thousand Oaks
Agoura Hills
Newbury Park
We’re still seeing:
Strong demand for move-in ready homes
Limited inventory in key neighborhoods
Buyers negotiating (credits, rate buydowns), not walking away
That’s a big difference from what headlines suggest.
What the Data Actually Says
Nationally:
Prices rose about 1% year-over-year
Experts project steady appreciation for the next 5 years
85% of economists expect markets with small dips to rebound by 2027
That means:
Short-term shifts ≠ long-term decline
What This Means for Buyers in Conejo Valley
Right now, buyers have something they didn’t have before:
More negotiating power
Opportunities for seller credits
Flexibility on pricing (depending on the home)
But here’s the catch:
Prices are still expected to rise over time.
Waiting for a “crash” that isn’t coming could cost more long-term.
What This Means for Sellers
If you're selling in Conejo Valley, the strategy matters more than ever.
Homes that are:
Properly priced
Prepared (staging, updates, presentation)
Marketed correctly
…are still performing well.
The gap between “well-prepared” and “not ready” homes is wider than ever.
The Bottom Line for Conejo Valley Real Estate
Don’t let national headlines make your decision.
The market isn’t crashing.
It’s shifting—and locally, it’s still strong.
The real question isn’t:
“What’s happening nationally?”
It’s:
“What’s happening in my neighborhood?”
Want the Local Numbers?
If you're thinking about buying or selling in:
Thousand Oaks
Westlake Village
Agoura Hills
Newbury Park
Get a real breakdown of your specific neighborhood—not the headlines.
Reach out to Lydia Gable Realty Group and let’s map out your next move.
