It's a great time to buy a home in Thousand Oaks. There's an overabundance of homes on the market right now in that area.
The best thing to do is to have an agent set you up to recieve automated emails as properties come up as new listings, go into escrow or get sold. This way, you'll be able to get yourself familiarized with what is happening in that market.
Please do not hesitate to contact me if you would like a referral to a great agent in that area.