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 […]
May 2016 Simi Valley Housing Report
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 […]
April 2016 Simi Valley Housing Report
The April 2016 Simi Valley Housing Report does not have much change over March. One trend that is emerging and only time will tell is that the segment of the Market with the highest amount of closings is beginning to shift from the $400,000 – $500,000 to the $500,000 – $600,000 range. This shows that affordability […]
November 2015 Simi Valley Housing Report
The November 2015 Simi Valley Housing Report shows sales have slowed a little compared to November 2014 and significantly from last month.. While this is happening and may cause some concern, new lending requirements under the new TILA-RESPA Integrated Disclosure Rule (TRID) have caused home purchasers to request 45 day escrows to deal with the requirements […]
September 2015 Simi Valley Housing Report
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 […]
August 2015 Simi Valley Housing Report
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 […]
July 2015 Simi Valley Housing Report
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 […]
5 Items Sellers can improve to make their house standout.
5 Items Sellers can improve to make their house standout can be relatively simple and inexpensive. Even though a buyer will see your home in pictures online before seeing your home in person, the presentation of your entire home is critical. These 5 items can make the difference in offer price and overall buyer interest. […]
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 […]
May 2015 Simi Valley Housing Report
The May 2015 Simi Valley Housing Report is showing stability in the market. May 2012, 2013, 2014, the number of units sold is relatively the same. Median home prices for Simi Valley in 2015 are 3.85% up from January to May. The market breaks down along affordability lines. Where homes are the most affordable, Sale […]