Simi Valley home sales for the month of December 2000 and finished off strong and in similar fashion as we saw in December of 2009. The higher volume and sales is not an indicator of market recovery for the following reasons. We’ve seen an increase of homes for sale under $300,000. The distressed market consisting […]
Simi Valley Home Sales Report for September 2010
Simi Valley home sales for September 2010 held their ground and blended in with the running averages. Interest rates remained below 5% in September and some buyers were able to lock rates below 4 1/2%. Even with historically low interest rates Simi Valley Home buyers remain cautious. While the number of distressed properties listed for […]
Simi Valley Home Sales Report For July 2010
The number of single-family detached homes sold in Simi Valley for the month of July 2010 pulled back from a robust June market. There really is no significance in the decline for the following reasons. The federal tax credits expired June 30, there was a rush to close escrow’s to qualify for the tax credit. […]
Simi Valley Wood Ranch Home Sales 2006 – July 2010
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 […]
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 […]
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 […]
Simi Valley Home Sales Report YTD – January 31, 2010
Simi Valley Home Sales Report YTD – January 31, 2010 Simi Valley home sales for the first month of 2010 trended back to average levels seen through 2009. While December 2009 showed the strongest sales for the year, my hunch was that many Short Sale lenders trying to close their books for the fiscal year […]
Simi Valley Home Sales Report YTD – December 31, 2009
In this year to date Simi Valley Home Sales Report, I am going to first cover what happened in December and then look at the year as a whole, with a prediction of how I see things shaping up for the 2010 Simi Valley real estate market. I am seeing similar activity in the West […]
