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December 2023 CSMAR Report: Real Estate Stats for the Conejo Simi Moorpark AORⓇ Service Area






The residential real estate market in the Conejo, Simi and Moorpark areas told a familiar story in December, with tight inventory, higher prices, homes selling quickly and sellers receiving nearly all of their asking price. The market closed out 2023 in a dominant seller's market.


Median sales prices saw a 12.89 increase in December, from $820,000 to $925,000. The number of closed sales dropped 14.3%, from 217 to 186. The median number of days to contract saw a large 15.9% drop, from 44 to 37. The average percent of list price received increased 1.1%, from 98.1% to 99.1%. The median price per square foot for homes sold in December increased 5.4%, from $477 to $503. The number of new listings decreased 17.8% from 174 to 143. The active inventory of available homes decreased 22.2%, from 442 to 344. The months supply of inventory, which is an estimation of the time it would take to sell off the current level of inventory, decreased 9.2%, from 2.0 months to 1.8 months. A months supply of inventory below five months is typically considered a seller’s market.

The market typically slows down around the holidays so this was expected.


  • Median Sales Price: +12.8%

  • December 2023: $925,000

  • December 2022: $820,000

  • Closed Sales: -4.5%

  • December 2023: 193

  • December 2022: 202

  • Median Days to Contract: -15.9%

  • December 2023: 37

  • December 2022: 44

  • Percent of List Price Received: +1.1%

  • December 2023: 99.1

  • December 2022: 98.1

  • Median Sold Price Per Square Foot: +5.5%

  • December 2023: $503

  • December 2022: $477

  • New Listings: -17.8%

  • December 2023: 143

  • December 2022: 174

  • Active Inventory: -22.2%

  • December 2023: 344

  • December 2022: 442

  • Months Supply of Inventory: -9.2%

  • December 2023: 1.8

  • December 2022: 2.0

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