In This Article

The Conejo Valley and Simi Valley are experiencing significant new construction activity in 2026, with a wave of new residential developments reshaping communities across Thousand Oaks, Westlake Village, Agoura Hills, and Simi Valley, featuring 22 new homes currently for sale in Simi Valley at a median listing price of $800K. Whether you're exploring new construction Conejo Valley 2026 options or considering new homes Simi Valley developments, this comprehensive guide covers every active project, pricing trend, and market opportunity in Ventura County's most sought-after communities.

What New Construction is Currently Available in the Conejo Valley and Simi Valley?

There are currently 22 homes for sale matching new construction in Simi Valley at a median listing price of $800K , making it one of the most active new construction markets in the region. The majority of these projects focus on premium single-family homes and custom communities. In Simi Valley specifically, brand new construction includes a 13 custom home development with 7 homes in Phase 2, featuring Modern Farmhouse or Spanish Revival Elevations . True ground-up new construction completed in 2025 is built to current California building and energy codes with all-new plumbing, electrical, HVAC, roof, insulation, and windows for modern efficiency . Wood Ranch in Simi Valley shows strong market activity with a median sale price of $1,060,000, up 23.6% year-over-year as of February 2026 . This prestigious community continues to attract buyers seeking luxury amenities and top-rated schools.Simi ValleyThousand OaksWood RanchWestlake Village$800K$992K$1.06M$1.25M+Median Home Prices by Community, 2026

Source: Redfin, Zillow, February 2026

For new development Thousand Oaks projects, there are currently 0 homes for sale matching new construction in Casa Conejo at a median listing price of $858K , indicating limited inventory in certain established neighborhoods, which drives buyers toward newer developments in surrounding areas.

What Major New Developments are Planned for Thousand Oaks in 2026?

The most significant new construction project reshaping the area is the Conejo Valley Plaza's $45M sale and modernization, which will transform this major shopping center . This redevelopment will impact surrounding residential values and create new mixed-use opportunities. In Agoura Hills, several major projects are advancing: West Village features a proposed development with 238 apartments, a 4-story parking structure, and 9,000 square feet of retail and restaurant space . Additionally, The Regency development will include 5,000 square feet of retail, restaurants and 278 apartments replacing the movie theater . The Annenberg Wildlife Crossing in Agoura Hills represents a unique infrastructure project, featuring a natively landscaped wildlife overpass for animals to safely travel across the 101 freeway . While not residential, this project significantly enhances the area's environmental appeal and property values. For luxury developments, Warmington at Gateway Church in Agoura Hills is still in planning for 66 gated homes , targeting the premium market segment that defines much of Conejo Valley's new construction landscape.

Development Location Units Type Status
Central Simi Custom Homes Central Simi Valley 13 Single Family Phase 2 Active
West Village Agoura Hills 238 Mixed-Use Proposed
The Regency Agoura Hills 278 Apartments + Retail Approved
Warmington/Gateway Agoura Hills 66 Gated Homes Planning
Conejo Valley Plaza Thousand Oaks N/A Retail Modernization $45M Sale Complete

What is the Median Home Price in Thousand Oaks in 2026?

The median sale price of a home in Thousand Oaks was $1.0M last month, down 16.3% since last year, while the average Thousand Oaks home value is $994,477, down 1.1% over the past year . This price correction creates opportunities for buyers considering new construction options. More specifically, in Thousand Oaks, homes sold for a median price of $992,000 in February 2026, with properties selling after 38 days on the market compared to 37 days last year . The median sale price per square foot in Thousand Oaks is $539, down 2.3% since last year . The Conejo Valley Unified School District significantly impacts property values. This district's average testing ranking is 9/10, which is in the top 20% of public schools in California, with public schools achieving an average math proficiency score of 54% versus the California average of 34%. For those considering new construction Ventura County options, location within highly-rated school boundaries commands premium pricing. Conejo Valley Unified School District is ranked #213 of all 1,908 school districts in California, placing it in the top 20% statewide .

How Does the Conejo Valley New Construction Market Compare to Previous Years?

The Thousand Oaks housing market is somewhat competitive, scoring 60 out of 100, with homes selling in 54 days . This represents a buyer-friendly shift from the ultra-competitive markets of 2021-2022. In Simi Valley, most homes stay on the market for 72 days and receive 2 offers, with 54 homes sold in the past month . Given current interest rates in 2026 and market conditions, many buyers are finding now a good time to buy a home in the Conejo Valley. Within price ranges from the upper $600Ks to the upper $700Ks, a 3 to 4 bedroom house could be purchased under 3,000 square feet, while 5 bedroom houses are accessible from the lower $800Ks . The market shows notable geographic variations. In Wood Ranch, Simi Valley, the median home price is $987,000 while the average sale price is $1,033,465, with townhouses spending 49 days on the market . Local amenities significantly impact new construction appeal. Residents enjoy access to Wildwood Regional Park's Paradise Falls, a stunning 40-foot waterfall flowing year-round, with extremely well-marked, wide trails leading to showstopping sites . The park offers world-class hiking just minutes from new developments. Dining options continue expanding, with Thousand Oaks transitioning from quiet suburbs to destination dining, with chefs bringing global influences from Italy to Brazil, giving the Conejo Valley a more modern restaurant lineup . Popular spots include Mastro's Thousand Oaks, an OpenTable Diners' Choice winner for 2025, and a top destination for unforgettable dining in the Conejo Valley .

Frequently Asked Questions About New Construction in the Conejo Valley

What is the typical price range for new construction homes in Simi Valley?

New construction in Simi Valley currently has a median listing price of $800K , with 3-4 bedroom houses ranging from the upper $600Ks to upper $700Ks under 3,000 square feet, while 5 bedroom houses start from the lower $800Ks . Premium communities like Wood Ranch command higher prices, with a median sale price of $1,060,000, up 23.6% year-over-year .

Are there any new construction communities with top-rated schools?

Yes, most new construction in the Conejo Valley falls within the highly-rated Conejo Valley Unified School District, which ranks in the top 20% of California public schools with a 9/10 testing ranking and 54% math proficiency versus the state average of 34% . Schools like Westlake High (#68 in California) and Newbury Park High School provide excellent educational opportunities .

What amenities are available near new construction developments?

New construction buyers enjoy access to Wildwood Regional Park's 27 miles of hiking trails , world-class dining including Mastro's Steakhouse, an OpenTable Diners' Choice winner , and proximity to both top-rated local restaurants like Sette Sorelle and The Oaks Thai Cafe . The area provides easy access to beaches, mountains, and Los Angeles while maintaining a suburban family-friendly atmosphere.

How does the current market favor new construction buyers?

The 2026 market presents buyer advantages with median home prices down 16.3% from last year in Thousand Oaks and homes selling in 54-72 days compared to the ultra-competitive markets of recent years . For those looking to sell their current home to upgrade to new construction, the Conejo Valley spring 2026 market update provides valuable insights for timing your move. New construction offers modern efficiency with current California building codes, all-new systems, and zero deferred maintenance , providing long-term value and peace of mind.

Thinking About Buying or Selling in Thousand Oaks?

Davis Bartels and the DB Real Estate Group have helped nearly 1,000 families navigate the local market since 2009. Whether you're exploring your options or ready to make a move, reach out for a no-pressure conversation about your goals.

Contact Davis: davisbartels.com