2025 Housing Market Forecast: What’s Next for Westlake Village, Thousand Oaks, and the Conejo Valley

Housing Market Forecasts for the Rest of 2025
Westlake Village, Thousand Oaks, and Beyond – What’s Really Ahead?

If you're a homeowner, buyer, or investor in Ventura County or northwest Los Angeles County, you’ve probably asked yourself: Where is the market really going? From Westlake Village to Calabasas, we've already seen a shift in pace — but not in strength.

As a real estate broker who's been serving this market for over three decades, I want to cut through the noise and bring you the facts. The headlines might tease price drops or rising inventory, but real estate isn’t a one-size-fits-all story — especially not here.

So, what does the rest of 2025 hold for home values, mortgage rates, and inventory levels? Whether you're thinking about making a move, investing, or just staying informed, here’s what the latest data and expert forecasts actually suggest — and how it may impact your next steps in our local market.

Let’s take a closer look.

That means, if you’re waiting for a major drop, experts agree that’s just not in the cards.

Keep in mind, while some markets are already seeing prices come down slightly, the average dip is just -3.5%. That’s a far cry from the nearly 20% decline the market experienced during the 2008 crash.

Plus, those small changes are easily absorbed when you consider how much home prices have climbed over the past few years. Data from the Federal Housing Finance Agency (FHFA) shows prices are up 55% nationally compared to just 5 years ago.

The takeaway? Prices aren’t crashing. They’re expected to keep climbing – just not as quickly these days. And some may argue they’ll be closer to flat by the end of this year. But, again, this is going to vary by market, with some local ups and downs. So, lean on a pro to see the latest price trends for your area.

Will Mortgage Rates Come Down?

Another common thought among today’s buyers is: I’m just going to wait for rates to come down. But is that a smart strategy? According to Yahoo Finance:

"If you’re looking for a substantial interest rate drop in 2025, you’ll likely be left waiting. The latest news from the Federal Reserve and other key economic data point toward steady mortgage rates on par with what we see today."

In other words, don’t try to time the market or wait for a drop that may not be coming. Most experts say rates will remain in the 6s, and current projections have them settling in the mid-6% range by the end of this year (see chart below):

And that’s not a big change from where they are right now. So, if you need to move, let’s talk about how to make it happen and what you should watch for. Because while rates may not be as low as you want them to be, you don’t want to put your needs on the back burner, hoping for something the data shows isn’t likely to happen.

Working with an expert who is keeping an eye on all the economic factors that can influence mortgage rates is going to be essential this year. That’s because changes in things like inflation and other key drivers could impact how rates move going forward. 

The Takeaway for Buyers and Sellers

Whether you're buying, selling, or thinking about doing both, this market requires strategy, not guesswork. Prices are still rising nationally (just more slowly), and rates are projected to stay pretty much where they are, so the bigger picture is one of moderation – not a meltdown.

Bottom Line

If you want to make a move, your best bet is to focus on your personal situation – not what the headlines say – and work with a real estate pro who knows how to navigate the shifting conditions in our local market.

Thinking About Your Next Move? Let’s Talk Strategy.
At Avant ONE Real Estate, we don’t just sell homes — we advise, protect, and position you for success in any market. Whether you’re considering selling your long-time home, planning a strategic investment, or simply want a second opinion on your home’s value, we’re here with clarity, ethics, and a plan that puts you first.

📍 Serving Westlake Village, Thousand Oaks, Westlake Island and Lake communities, North Ranch, Lake Sherwood, and the surrounding Conejo Valley.
📞 Call or text Teri Pacitto directly at 805.444.7013
💬 Or message us to schedule your confidential consultation.

👉 We do real estate differently — and it shows.

Let’s talk about what’s happening in our area to build a plan that works for you.