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- All Indian Hills Tracts
- Indian Hills Ranch
- Indian Hills Estates
- Indian Hills Ridge
- Indina Hills Meadows
Below are tables representing Simi Valley Indian Hills Estates Tract Home Sales History. The Indian Hills Estates Tract is located just north west of Alamo Drive and Yosemite. There were just under 100 homes built in this tractand they are considered the more luxurious of the 5 tracts. This is a quick snapshot at how the Indian Hills Estates Tract has reacted to the changing market. Sales data is from 2003 through July 13th 2011.
The Indian Hills area in Simi Valley consists of 5 tracts. The Ranch and Ridge Sections are the two largest tracts in the development with the Indian Meadows being the third largest.
| Indian Hills Estates Simi Valley 2003 Sales History |
|
| Average Sale Price | $644,470 |
| List to Sale Ratio | 99.45% |
| Average Days on Market | 50 |
| Number of Homes Sold | 5 |
| Indian Hills Estates Simi Valley 2004 Sales History |
|
| Average Sale Price | $791.190 |
| List to Sale Ratio | 99.43% |
| Average Days on Market | 58 |
| Number of Homes Sold | 5 |
| Indian Hills Estates Simi Valley 2005 Sales History |
|
| Average Sale Price | $926,500 |
| List to Sale Ratio | 97.12% |
| Average Days on Market | 9 |
| Number of Homes Sold | 4 |
| Indian Hills Estates Simi Valley 2006 Sales History |
|
| Average Sale Price | $894,112 |
| List to Sale Ratio | 93.12% |
| Average Days on Market | 64 |
| Number of Homes Sold | 4 |
| Indian Hills Estates Simi Valley 2007 Sales History |
|
| Average Sale Price | $892,300 |
| List to Sale Ratio | 94.17% |
| Average Days on Market | 90 |
| Number of Homes Sold | 1 |
| Indian Hills Estates Simi Valley 2008 Sales History |
|
| Average Sale Price | $515,000* |
| List to Sale Ratio | 81.88% |
| Average Days on Market | 142 |
| Number of Homes Sold | 1 |
* This house was the smallest model in the tract. It was a short sale ans was a fixer that needed work.
| Indian Hills Estates Simi Valley 2009 Sales History |
|
| Average Sale Price | $650,000 |
| List to Sale Ratio | 91.55% |
| Average Days on Market | 194 |
| Number of Homes Sold | 1 |
| Indian Hills Estates Simi Valley 2010 Sales History |
|
| Average Sale Price | $628,316** |
| List to Sale Ratio | 100%** |
| Average Days on Market | 10** |
| Number of Homes Sold | 3 |
** One of the properties started with a list price of $849,900 and eventually sold for $665,000. It was on the market for 1 year. It sold close to the reduced price and had a sales price close to the the other two sales. The one year market time and the huge price reduction skews, how this home would have reacted to market conditions if priced properly as the other two properties.
| Indian Hills Estates Simi Valley thru July 2011 Sales History |
|
| Average Sale Price | $712,500 |
| List to Sale Ratio | 90.21% |
| Average Days on Market | 73 |
| Number of Homes Sold | 1 |
There are currently two homes for sale in the Indian Hills Estates tract as of July 13 ,2011. The average list price of the two homes is $626,975 with an average of 40 days on market, I have been most these homes and based on location amenities and pricing the final sales price will most likely average down close to the list price on one of the homes as it is in very good condition and the location is better. The other listing (which is the same model) is in poor condition and backs Yosemite. It may close lower than the asking price.
The one sale in the Indian Hills Estates tract for 2011 at $712,500 in not an indication that prices are rising, this property really goes back to the rule of “Location, Location, Location.” It sits perfectly opposite the 5th tee at Simi Hills Golf Course and over looks the 5th green / fairway approach. A good size lot for the tract and pool. The sales comp will help the neighborhood, but it would be premature to say it will drive average pricing for the neighborhood over $700k.
