Real Estate Market Update in CA

The real estate market is booming in Conejo Valley, CA.

Spring truly upon us here in California, and summer is just around the corner! Flowers have bloomed – along with the real estate market! This brings the perfect opportunity to list and sell your home. Along with the daisies, prices are up! This is leading to many homes in the Conejo Valley flying off the market with multiple offers.

Anyone who lives in California will know that while it’s not the cheapest state for houses, you invest in the sunshine, beaches, and lovely atmosphere. In other words, paradise! With that said, many families are limited when it comes to housing in California. At current interest rates, only about 32 percent of households can afford to purchase a house.

However, interest rates are expected to rise, but only slightly. Current rates for 30-year fixed loans are still under 4 percent, and the cycle of growth in the real estate market is set to continue, inspiring people to move.

Manfredi Sisters, Michele and Sara, have provided a real wattage update for us. Median sales recorded in February 2016 for single-family homes, condos, and new construction in the following communities:

  • Agoura Hills: $585,000
  • Calabasas: $983,000
  • Newbury Park: $575,000
  • Thousand Oaks: $635,000
  • Westlake Village: $775,000

Many sellers in the Conejo Valley area have benefitted from updating their home to impress potential sellers – and even landed themselves a nice offer. To freshen up a home like no other, the quickest and most effective way is to give your home a lick of paint! This bumps up the appeal in any home and conveys to the buyer as “move-in ready”!

Whether you’re looking to sell your home or refresh it for spring, a perfect paint job is usually all you need! Contact Precision Painting, servicing all of Conejo Valley, Beverly Hills, and Los Angeles, California with expert interior and exterior painting

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