Author: Zach Drennan

“Dominant Seller’s Market”; Conejo, Simi and Moorpark real estate market closes out 2023 with higher prices, strong demand, quick sales

The Conejo, Simi and Moorpark area real estate market closed out 2023 with higher prices, quick sales and a tight inventory. “Our market finished 2023 in a dominant seller’s market,” said Brooke Grayson, 2024 Board President of the Conejo Simi Moorpark Association of REALTORS® (CSMAR). “Strong demand and tight inventory once again pushed prices higher in December. 2023 was a great year to be a seller, and we’re excited to see what’s in store for 2024. Median sales prices increased…

Higher prices, increased inventory of homes for sale in the Conejo Valley, Simi Valley, Moorpark areas

Higher prices, increased inventory of homes for sale in the Conejo Valley, Simi Valley, Moorpark areas In November, the residential real estate market in the Conejo Valley, Simi Valley and Moorpark areas saw higher prices, fewer closed sales, fewer new listings and increased inventory compared to last year. “Demand for homes remains strong in our market area,” said Barbara Radke, 2022 Board President for the Conejo Simi Moorpark Association of REALTORS® (CSMAR). “Homes are selling in just over a month,…