Real Estate Information

Overview
The city of Thousand Oaks, incorporated in 1964, now has a population of more than 128,500* people that includes the Newbury Park and Westlake Village areas. The city of Westlake Village—located on the eastern side of the Ventura/Los Angeles County line—is a unique, master planned community with approximately 8,500 residents. The city of Agoura Hills, in the eastern portion of the Conejo Valley, has a population of approximately 22,300.

Cities in the Conejo Valley regularly receive the highest rankings for being among the most desirable communities in which to live because they have one of the nation’s lowest crime rates and are among the top 10 communities for statewide academic achievements. Additionally, the area offers a thriving business environment with attractive shopping and services as well as pleasant year-round temperatures averaging 75 to 85 degrees during the summer and 53 to 69 degrees during the winter.

Citizens are committed to preserving the areas idyllic setting that retains a rural-like quality while reposing within a picturesque plateau, rimmed by tree-dotted hills and scenic mountains. Parks, open space, trails, wilderness and wildlife entice many urban-weary families to seek relocation in the Conejo Valley.

Thousand Oaks
In Thousand Oaks, the median sales price for all single-family home and condo resales is $497,000.** Thousand Oaks is made up of 48,500* households with a median age of 39 years and median household income of more than $99,800.

Westlake Village
Adjoining Thousand Oaks, separated by the northwestern edge of Los Angeles County line, is the incorporated city of Westlake Village, an award-winning, master-planned community with approximately 8,850 in population with a median age of 45 years and median income of $124,400 per household. Incorporated in 1981, Westlake Village includes residential neighborhoods, parks, greenbelts, a 150 acre lake, equestrian, hiking and biking trails, tennis courts, golf courses, schools, churches, a cemetery, shopping plazas and light industrial areas.

Agoura Hills
Agoura Hills, with a population of 22,300, was incorporated in 1982. It boasts more than 7,323 households having a median income of more than $114,400 and the median home value is $542,900.**

Homes and Neighborhoods
A variety of housing exists within the Conejo Valley. Single-family residences represent the largest segment with over 150 well-preserved neighborhoods, many of which are professionally managed and overseen by neighborhood associations whose members are elected by residential homeowners to maintain the quality and appearance of the community.

Many of the individual neighborhoods have adopted Declarations of Covenants, Conditions, and Restrictions (CC&Rs) to provide written guidelines for the responsibilities of homeowners in preserving neighborhood amenities. Resale prices range from the mid $300,000s to over $10 million. Many neighborhoods have schools within walking distance, parks, greenbelts, cul-de-sacs, and other amenities. Some areas are designed with equestrian trails and space to keep horses. Some are gated communities providing privacy and security. With rolling hills, gulches and canyons, indigenous oaks and sycamores as well as natural and manmade lakes, the region offers every style of living from hilltop views to lakefront. The cities of the Conejo Valley cherish their oak trees and require that a permit be obtained before a tree can be cut, removed, or moved.

Parks
About 34% of Thousand Oaks—15,135 acres with 75 miles of trails—is public open space, not including parks, golf courses, school campuses or other publicly held properties. In addition to taking its name from over 50,000 oak trees scattered throughout the area, the city of Thousand Oaks benefits from their natural beauty. A wide range of townhouses and condominiums offer such choices as shoreline living, lake views, easy walking distance to shopping, and communities near parks and open space or overlooking golf courses, as well as proximity to California Lutheran University.

Unless otherwise noted, all data July 2008 estimates based on 2000 census data, courtesy of city-data.com.
* City of Thousand Oaks website.
** As of Feb. 2010, cyberhome.com.

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