Community Home Buying & Selling Real Estate Guide
Insider's Guide to Real Estate Research & Home Owner Information
December 2016 Simi Valley Home Sales followed a similar pattern as the last few months. Fewer homes sold compared to the year before, median prices dropped and luxury homes sales were down. Final sales prices compared to their original list price tightened again slightly. Median home price for the year is up 3.49%. Housing wire […]
November 2016 Simi Valley Home Sales, the luxury home sector volume slows. Sales in the most active price ranges continue to move. November saw the gap between the original asking price and the final negotiated sales price tighten a little. Any single family detached home that shows up on the market under $400,000 tends to need […]
If you read last month’s report, October 2016 Simi Valley Home Sales illustrates perfectly what happens to the median home price when a larger than normal percentage of luxury homes sell over the lower end of the market. There is plenty of good news however as the saying goes devil is in the details. The […]
September 2016 Simi Valley Home Sales were 4.64% lower in median price than September 2015. While this does not indicate any immediate trends for the market, it does align with the affordability problem Simi Valley is beginning to see as well as the entire state of California. If you have been reading these monthly updates […]
June 2016 Simi Valley Home Sales continued to be strong with 141 single family detached homes selling, just out pacing June 2015 volume of 137 homes. While sales are strong, there is still some negotiation going on between buyers and sellers in all segments of the market except for the few homes that have sold […]
Even though the May 2016 Simi Valley Housing Report for the last two months shows a slight reduction in the number of homes sold, the market remains strong. Homes between $500,000 and $600,000 continued to lead all other price ranges in number of units sold for a second month in a row. Inventory below $500,000 […]
The January 2016 housing report for Simi Valley was a little sluggish in volume compared to the 4th quarter 2105, but not overall surprising for the beginning of the year as historically January tends to average 75 closed units going back into 2006 (prior to the housing collapse). Median pricing edged up and the days […]
October 2015 Simi Valley Housing Report will be a little different this time as new regulations imposed by the The Consumer Financial Protection Bureau under Dodd-Frank have caused new requirements in loan disclosures. These requirements are significant enough that Lenders are requiring 45 days for Escrow periods as opposed to a typical 30 day escrow. This longer […]
The September 2015 Simi Valley Housing Report is much the same as the last few months, median pricing is still moderately higher than January 2015. The number of homes sold is slightly up from the prior year. The most active range in the market continues to be homes in the $400,000-$600,000 range. This most active […]
The August 2015 Simi Valley Housing Report shows decent seasonal summer sales, however, median pricing tailed off just a little bit and total closed volume was lower than 2013 and 2014. Looking at the different pricing sectors for Simi Valley shows much of the same with sellers accepting offers below the original list price. The strongest […]
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