The July 2015 Simi Valley housing report has some very interesting developments. The number of single family detached homes sold in July was 151. This is the highest on record since the housing bubble burst almost 10 years ago. Overall volume cooled in 2014 compared to 2012 and 2013, however, 2015 has had higher closing volumes […]
June 2015 Simi Valley Housing Report
The June 2015 Simi Valley housing report shows that the number of houses sold has jumped 24.8% over the the amount sold in June 2014. Summertime always tends to drive higher sales as people try to move families before the new school year begins. Does a 24.8% increase in volume point to big price gains? When […]
Simi Valley Housing Update April 2015
The April 2015 Simi Valley Housing Update shows median home prices in Simi Valley remaining FLAT at $500,000. While there is certainly increased activity, and more properties being listed, buyers refuse to run up the market. In 2005-2006 when the market caught fire and prices flew upward as there was financing available that allowed buyers […]
January 2015 Simi Valley Housing Report
January 2015 Simi Valley Housing Report Total single family detached homes in Simi Valley that sold for the month of January 2015 were 75 units. This is fairly typical Simi Valley Housing Report for the first month of the year. What is atypical, is that the market consisting of homes over 1 million dollars continues to […]
Simi Valley Housing Market Report December 2014
Simi Valley housing sales for December 2014 finished off a little sluggish compared to the year as a whole and compared to December 2013 sales volumes. Average Sales price for single family detached homes increase was approximately 6.3% and the Median sales price is maintaining at 8.5%. The notable news so far is the continuing […]
Simi Valley Housing Market Report August 2014
The Simi Valley Housing report for August 2014 shows home sales in Simi Valley where strong and improved compared to August 2013. Still the strongest segment of the market commanding over 70% of the sales are homes sold between $400,000 and $600,000. The sector of the market that seems to be coming back to life […]
June 2014 Sim Valley Housing Market Report
The Simi Valley housing market seems to settled into a more stabilized market. June home sales volumes remained equal with 2013 sales volumes. May 2014 sales saw an increase in median home prices due to a high influx of sales over $900,000. June sales with fewer luxury home sales, showed that the median price settled back […]
March 2014 Simi Valley Housing Report
The number of Simi Valley homes sold in March 2014 was approximately 17% lower than in March 2013. This is a continuation of a trend as I reported last month. Inventory or available homes for sale in Simi Valley are more than double what they were last year when buyers drove the market up close […]
February 2014 Simi Valley Housing Sales Report
Sales of Simi Valley single family detached homes slowed by 42% in February 2014. The decrease in the number of homes sold each month began five months ago. The median home price over the same five-month period has held steady at approximately $480,000, the months it has dipped below that are more related to the […]
September 2013 Simi Valley Housing Update
Volumes for September 2013 Simi Valley home sales were down 10% compared to September 2012. The median home price is up 16.49% compared to September 2012. With the increase in home price and with 30 year interest rates over 4%, this 10% reduction in sales volume is not a surprise. Prior to this increase in […]