Community Home Buying & Selling Real Estate Guide
Insider's Guide to Real Estate Research & Home Owner Information
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 […]
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 […]
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 […]
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 […]
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 […]
Housing activity in Simi Valley for August 2013 is beginning to show some easing. While the $400,000 a $500,000 price range continues to dominate sales, the list to sell ratio in almost all price categories is starting to back off. This is still a strong seller’s market however homes are selling just under full list […]
Simi Valley home sales for July remained strong. The market for single-family detached homes continues to push to stay above 100 units sold per month. Strong sales in July were fueled by buyers in the first and second quarters stuck with a very low inventory and low interest rates. Units sold in July typically began […]
Simi Valley housing sales for May 2013 increased by 25 units over April’s volume. Homes continue to sell near, at or just above the original asking price across all price sectors. Homes in the $400,000-$500,000 price range continued to dominate sales as they did in April. The median price for single-family detached homes in Simi […]
Some interesting but not unusual shifts in the Simi Valley housing market happened during April. Sales occurring during January, February and March are the result of home buyers tying up homes under contract in the months of November through January. Typical home buyer activities during these months tend to be slower partly due to holidays. […]
Competing home buyers are continuing to keep pressure on the Simi Valley housing market. Low inventory and interest rates below 4% are two primary factors pushing the market. With less than 90 homes for sale in Simi Valley on any given day, it’s no wonder buyers are frustrated when competing with multiple offers trying to […]
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