April stats for our local Conejo Valley area are here.
Overall, we have seen a slight creep up in the housing inventory.
- Westlake Village has about 2 months of inventory
- The other cities have just over 1 month of inventory
- Some neighborhoods face little to no competition
- We are seeing multiple offers on many of our listings so if you are looking for a home under $1M and see one you like, please don’t wait to make an offer as you may miss out.
Sales remain strong in all our local cities and I expect that to continue through June as we are in the peak real estate market season.
Days on market are about the same as we reported in May except for Westlake Village where we saw an increase of 13 days which is most likely due to homes selling during this buying season that had lingered on the market at the end of 2016.
It’s a great time to sell if you are thinking about moving up or down. Always here for you and your home so please call me with any questions! 818-383-4335.