The housing report for Sales of Simi Valley Single Family detached homes behaved predictably as they have in the beginning of the year each of the last several years. Even though only 66 homes sold city wide, continuing trend of upper end sales pushing the median and average home prices remained while the most active segment of the market contains homes in the $400,000 to $500,000 range. Prices are up approximately 8.57% over February 2014 which matches the overall price appreciation percentage for all of 2014. Expect 2015 to be a more stable unexciting market with single digit gains. Savvy buyers are locking down purchases with very attractive interest rates which is, in part of the higher activity in the luxury market.
About Ted Mackel
Active real estate broker and entrepreneur in Simi Valley. Ted has a passion for business, has deep knowledge about residential and commercial real estate and is one of the few to be a long time blogger/writer on these subjects. In his free time you'll find Ted enjoying baseball with his family (Go Dodgers), reaching his goal of spanish fluency, and pursuing his hobbies with RC aircraft and Lionel Trains.