If you’ve been scrolling through the news or social media lately, you’ve probably seen some dramatic headlines about the housing market. But what’s really going on here in Conejo Valley?

Let’s take a deep breath and look at the facts—so you can make smart, confident decisions whether you're buying, selling, or just trying to understand your next step.

📉 First—Does a Recession Mean Home Prices Will Fall?

One of the most searched questions right now is: “Will home prices drop during a recession?” It’s a fair question—and the answer isn’t as simple as headlines make it seem.

Historically, home values don’t always drop during a recession. In fact, in places like Westlake Village, Thousand Oaks, and Agoura Hills, prices tend to hold steady or even climb—especially when homeowners are sitting on strong equity, like they are today.

Unlike 2008, this market isn’t built on risky lending. Over 80% of homeowners in Ventura County and Los Angeles County have mortgage rates below 6%, and many have refinanced at even lower rates. That means fewer people are desperate to sell, keeping inventory tight—and values steady.

🏡 Why Are Buyers Starting to Re-Enter the Market?

Here at Lydia Gable Realty Group, we’re seeing a shift: buyers who sat out in 2023 and early 2024 are now re-engaging. Why?

  • More inventory is hitting the market in Conejo Valley, including move-in-ready homes in Newbury Park, Simi Valley, and Oak Park.

  • Interest rate fluctuations have created more urgency to lock in favorable terms.

  • Many buyers realize: waiting for the “perfect time” may mean missing out altogether.

We’ve helped clients looking for single-story homes in Agoura Hills, condos in Westlake Village, and family-friendly neighborhoods in Thousand Oaks—and the consistent trend? People want convenience, confidence, and clear guidance.

💡 What Should Sellers Know Right Now?

If you’re a homeowner wondering “Should I sell my house in Westlake Village now or wait?” here’s what to consider:

  • Low inventory means less competition—well-priced homes are still moving quickly.

  • Presentation matters more than ever. We help sellers stage, prep, and price strategically.

  • Buyers want move-in ready homes. Small upgrades can lead to faster sales and stronger offers.

👋 Here’s What You Can Do Next

Whether you’re buying a home in Thousand Oaks or considering listing your property in Simi Valley, we’re here to walk you through it all—without the drama.

Get a free home valuation
Tour homes for sale in Conejo Valley
Understand your equity position
Ask your real estate questions without pressure

Final Thought: The Market Isn’t Crashing—It’s Evolving

At Lydia Gable Realty Group, we believe in keeping our clients informed, calm, and confident. We live and work right here in Westlake Village, and we know what makes the local market tick.

So before you let the headlines shake you, let’s have a conversation. Reach out today—we’re happy to chat, no pressure, just real answers.

📍 Serving: Westlake Village, Thousand Oaks, Agoura Hills, Newbury Park, Oak Park, Simi Valley, and beyond.
📞 Contact Lydia Gable Realty Group for expert guidance on buying or selling in Conejo Valley.