This is the second year in a row that Simi Valley Home Sales Spiked in December. Does this indicate a turn around in the Simi Valley housing Market? Not necessarily and here are the reasons why. December 2007 only 42 Single Family detached homes close escrow in one of the lowest volume months for Simi […]
Simi Valley November 2011 Home Sales Report
The year is wrapping up. Simi Valley Home Sales or should I say the number of homes sold for the year are improving. Prices many not have improved, but the increase in volume is always good for housing. The questions for Simi Valley are who is buying and what is selling? The trend continues with […]
Simi Valley October 2011 Home Sales
October Single Family Detached Home Sales for Simi Valley did not react much different that September. Volume is up over 2010 and 2009. Homes under $400k are pulling the lion’s share of the activity and as interest rates drop into low 4’s and high 3’s buyers still remain cautious. I mentioned last month the sluggish […]
Simi Valley September 2011 Home Sales Volume at 2008 Levels
Do Simi Valley September Homes Sales show another false positive for the real estate market? In 2009 and 2010 September sales volume for single family detached homes tailed off after a 2008 rebound over a record low in 2007. Fast forward to today and low interest rates are enticing investors and home buyers to enter […]
Simi Valley August 2011 Home Sales Volume Slows Average Sales Price Rebounds
Simi Valley Homes Sales in August 2011 for single family detached units slowed. The pullback is not alarming and was something I anticipated after such a strong showing in July for the following reasons: People like to move before school starts (contributing to July increased sales). Prices have continued to decline making many Simi Valley […]
Simi Valley July 2011 Home Sales Surge on Volume Average Sale Price drops $57k
See Simi Valley Homes For Sale under $300,000 The Simi Valley Real Estate Market is in the middle of a very interesting transition and while the traditional media and my industry tend to create reports that either cheer-lead or sell subscriptions; it would be prudent to really look at what has happened in July and […]
Simi Valley June 2011 Real Estate Market Report
The Simi Valley June 2011 Real Estate Market Report is showing some improvement for June single family detached homes (SFD) sold. Average home price for Simi Valley rose approximately $30,000.00 on increased volume. While the rise in average sale price may be encouraging, it is premature to present this as any sign of recovery. The […]
Simi Valley May 2011 Real Estate Market Report
The Simi Valley May 2011 real estate market report for home sales is continuing on some similar trends. Total single-family detached homes sold in the month of May were slightly lower than the previous year with a 6 1/2% decrease, but higher than in April 2011. The average sales price for Simi Valley single-family detached […]
Simi Valley Home Sales Report April 2011
Simi Valley Single-family detached home sales for the month of April 2011 did not continue to increase in the number of properties sold as we saw in February and March. What was more interesting, was that the volume dropped a little over 10% from 2010. The month-to-month uncertainty that still clouds the market, is a […]
Simi Valley Homes Sales Report for March 2011
Simi Valley home sales saw the second straight month with the highest volumes since 2006. However, mimicking February, we are still seeing more listings and more sales below $300,000 and the final sales ratios averaging more than 5% below the original list price. Good thing, but home sellers and homeowners I speak with are more […]
