Single-family detached home sales for the month of November 2012 in Simi Valley slowed and finished below the trending average of 115 units per month for this year. This is somewhat of a surprise as the last couple years sales volumes increased near year-end, as the banks rushed to clear their books of short sales […]
Simi Valley February 2012 Home Sales Report
Sales of single-family detached homes in Simi Valley are getting interesting. February’s numbers are showing support of my discussion that we are near or at a market bottom. Now those that live in hype, the carnival barker types, are probably out on every street corner prematurely celebrating recovery. Taking time and looking at what has […]
Simi Valley January 2012 Home Sales Report
After increased sales in December should we expect a carry over into the new year? Probably not. January closings for Simi Valley Single Family Detached (SFD) homes back off as I suspected. This retraction does not indicate another drop in prices, but is more of the same of what we have seen over the last […]
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 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 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 […]
Simi Valley Homes Sales Report for February 2011
Simi Valley single-family detached home sales for February 2011 saw the highest volumes since 2006. While the typical response to a record month of sales was jubilation and claims of market recovery, looking closer at the numbers shows that while there was an uptick in the number of homes sold the market still has a […]
Simi Valley Home Sales Report for January 2011
Simi Valley family detached home sales report for January 2011 really doesn’t jump out compared to last couple of years; pretty much the same activity. Sales under $500,000 continue to dominate the market, with sales under $300,000 continuing to show the market moving along a base price point. The year-over-year average sales price remains in […]
