Has your house been sitting on the market longer than expected in Westlake Village, Thousand Oaks, or Agoura Hills? If so, you're likely feeling frustrated. You may even be considering pulling your listing and waiting to see what 2025 brings. However, what you might not realize is that holding off could actually cost you. Here's why staying the course could be the smarter move in today’s market.

Other Sellers Are Pulling Back – Should You?

According to recent data from Altos Research, more sellers are withdrawing their listings as the fall season approaches. This isn’t uncommon, as the housing market often sees seasonal fluctuations. As Mike Simonsen, Founder of Altos Research, explains:

“. . . we’re seeing a more normal seasonal pattern now with inventory beginning to decline. We’re also seeing more home sellers withdrawing their listings to try again next year. In fact, for every two sales, there is another listing withdrawn from the market.”

But is following this trend the right choice? While it may seem like a good idea to pull your listing, here’s why keeping it on the market may be more advantageous.

Today's Buyers in Conejo Valley Are Serious and Ready To Act

The biggest reason to stick with your plan to sell now in Conejo Valley, including Oak Park and Newbury Park, is that buyers at this time of year are highly motivated. They've been waiting for more favorable conditions, and now that mortgage rates have dipped from their peak, they’re ready to take action. Mortgage applications are rising, which is a strong indicator that buyers are preparing to jump back into the market.

These buyers aren’t just browsing. They’re serious about purchasing a home before the holidays and winter months set in. As Freddie Mac notes:

“During the fall months, serious homebuyers are eager to settle into a new home before the holiday season ramps up and the winter weather begins.”

By keeping your home listed, you increase your chances of attracting these motivated buyers who are ready to move fast. That's exactly the type of buyer you want to work with.

Bottom Line

While some sellers in Conejo Valley are choosing to withdraw their listings, now is actually a prime time to sell. With motivated buyers looking for homes in places like Westlake Village and Thousand Oaks, this could be your moment. Let’s connect and craft the perfect strategy to sell your home quickly and for top dollar.