The tables below breakdown the sales for single-family detached homes in Simi Valley’s notable Wood Ranch community.I’ve purposely not mixed the Wood Ranch condo-town home market with this data as the diversity and size, types of complex and amenities are a very broad range for attached homes – skewing the averages. The same pattern is […]
June 2010 Home Sales Report for Simi Valley Detached Homes
Looking at the numbers for June 2010, Simi Valley home sales look promising. Once you look past the surface of the reported numbers, some concerns become apparent. The federal tax credit set up to entice first-time home buyers with $8000 and move up buyers with $6500, was conditioned that those buyers needed to have a […]
Texas Tract Simi Valley Sales Trends from 2004 through June 2010
Properties for sale in the Texas Tract Texas Tract Alpines Texas Tract Bellwoods Simi Valley’s Texas tract is one of the more popular areas north of the 118 freeway for home-buyers moving or relocating to Simi Valley. Typically comprised of older homes on larger lots with wide sweeping streets on a gentle sloping downhill, pricing […]
Simi Valley Detached Home Sales Market Report Ending May 2010
Simi Valley detached home sales for May of 2010 essentially matched the results of May 2009. While May sales saw an increase in sales volume over the first four months of 2010, the expiration of the tax credit should have accounted for a higher sales volume. The federal tax credit deadline finishes on June 30 […]
Simi Valley Homes For Sale Market Report for April 2010
Simi Valley homes for sale for the month of April 2010 had a slight uptick. The gain in average sales price and the slight gain in the total number of Simi Valley homes sold, is largely related to the federal tax credit that expired April 30. Effects from the federal tax credit will be seen […]
Median Home Prices and Regional Reporting Misrepresents Local (Simi Valley) Market Conditions
Median Home Prices and Regional Reporting Misrepresents Local (Simi Valley) Market Conditions To find the median home price, you take all the sales from highest to lowest and find the middle number. This approach to determining the current real estate market conditions is a waste of time and not reliable. The following chart below shows […]
Are Tax Credits Luring Simi Valley Home Buyers in a Cash for Clunkers Scheme?
Federal and California tax credits were created to lure home buyers into the market. Simi Valley home buyers have a small window of opportunity to take advantage of both tax credits and double-dip the system. The federal first-time home buyer tax credit of $8000 is set to expire April 30. More specifically, home buyers qualify […]
Simi Valley Oakridge Estates Homes For Sale Trends from 2003 -2009
Below are the general home sales trends for homes in Simi Valley Oakridge Estates going back to 2003 to the end of 2009. There are a few homes for sale in the tract currently and as of the end of March 2010, no sales. The data was pulled from the Ventura County Regional Data Share. […]
Second straight month Simi Valley Home Sales drop – Inventory edging up
Second straight month Simi Valley Home Sales drop – Inventory edging up The Simi Valley Real Estate market may have more personalities than Sybil. December saw the highest closed sales for single family detached homes in Simi Valley for 2009 with 98 closings. I believe that year end accounting for many of the corporate sellers […]
Contingent Simi Valley Homes in Escrow out number Sales by 3 times, why?
Contingent Simi Valley Homes in Escrows out number Sales by 3 times, why? As a Realtor, I have access to detailed information on all the Home Sales activity posted in the multiple listing service. My avocation of real estate blogging pushes me to dig deeper into the numbers so I can provide a better economic […]
