The Simi Valley Housing Report shows Single Family detached homes sales were slightly higher than November of 2013, however the the median price retreated as well as the average sale price. The luxury market is still selling however Simi Valley homes are on average (across all sectors) selling for approximately 3.83% below the original list. Much […]
Simi Valley housing Market Report October 2014
The Simi Valley housing Market Report for October shows that sales volumes of single-family detached homes in Simi Valley California were strong for October 2014. Higher-priced homes still remain the reason for an increase in median home price and average sale price. There were eight properties that closed escrow in the $800,000 to $900,000 range these sales […]
Simi Valley Housing Market Report September 2014
The Simi Valley Housing Market Report for September 2014 remained relatively unchanged following the same pattern and trend as August. Housing in the upper end and luxury market for Simi Valley is helping move the median and average pricing upward with the bulk of the sales continuing to occur between $400,000 and $600,000. Lower interest rates in […]
July 2014 Simi Valley Housing Report
Sales volumes of Simi Valley homes for July 2014 pulled back with 8% fewer homes sold compared to July 2013. While this may seem like a setback, sales were still strong breaking the 110 unit benchmark for the summer. Homes in the $500,000-$800,000 range saw increases in volumes. Average days on market trended closer to two months […]
April 2014 Simi Valley Housing Sales Report
Simi Valley housing sales bounced back in April this year. After several consecutive months of sluggish sales, April 2014 matched April 2013 in the number of single-family detached homes sold. The median sales price over this 12 month period is up approximately 6%. 2013 saw a dramatic jump in home pricing which began to cool […]
Understanding What Multiple Offers Mean to the Market
There is always lots of hype when the Market is recovering or when it is doing well. The last 18 months has see a definite recovery for Simi Valley Real Estate and we did see many house sell with very competitive multiple offers. That is cooling off now however, there are homes that are still […]
How Much Do Real Estate Agents Make?
This info graphic is from Point2.com This is a pretty general chart, but gives a clearer picture of how commissions get split up in the industry. The top producing agents have a better split with their broker than newer agents, but overhead for the agent is still there.
January 2014 Simi Valley Home Sales Report
[wnt_grid maptype=”disabled” exactcity=”1″ ownertype=”all” paginated=”false” sortoptions=”false” maxresults=”3″ search_mode=”form” primarysearchtype=”active” searchtype=”city” state=”CA” min_price=”0″ max_price=”1000000000″ listing_status=”Active” county=”Ventura” city=”Simi Valley” single_family=”y” newListings=”1″ condo=”y” townhouse=”y” /] Sales Volume for Simi Valley Single Family homes was 18% lower in January 2014 over January 2013. While Median and Average Prices are up, the over all strength of the market is mixed. […]
What is an Approved Short Sale?
December 2013 Simi Valley Home Sales
[wnt_grid maptype=”disabled” exactcity=”1″ ownertype=”all” paginated=”false” sortoptions=”false” maxresults=”3″ search_mode=”form” primarysearchtype=”active” searchtype=”city” state=”CA” min_price=”600000″ max_price=”700000″ listing_status=”Active” county=”Ventura” city=”Simi Valley” single_family=”y” built_after=”1995″ /] The last quarter of 2013 saw 3 consecutive months of fewer homes sold as compared to 2012. While pricing remains stable and strong, the year saw an average of 17%-18% increase in Median price for […]