Strange real estate market sends mixed signals

PICTURESQUE—Homes on Westlake Lake are some of the priciest in the Conejo Valley. The median closed contract has reached $1 million. Courtesy Jonathan Rode The Conejo Valley, Simi Valley and Moorpark area real estate market remained “well within seller’s market territory” in July, with lower inventory and higher-than-asking-price deals helping to keep the local industry