Community Home Buying & Selling Real Estate Guide
Insider's Guide to Real Estate Research & Home Owner Information
Who pays for What? What costs are customary for a buyer and seller varies from state to state and in some states like California, what is customary for buyers and sellers in Southern California may be different than in Northern California. The following list is what is generally customary for Home Buyers and Sellers in […]
The Simi Valley Real Estate market saw a 10% drop in the number of homes sold for the month over June 2012. While this does not necessarily signal bad news is it probably the warning shot over the bow that the robust market we are experiencing will cool off somewhat over the next few months. […]
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 […]
February single-family detached sales volumes in Simi Valley California pretty much mimicked January, however, median and average pricing vaulted upward due to increased closing volumes in homes priced over $500,000. A total of 81 single-family detached homes sold in February and breakdown as follows. 15 of the 81 homes were purchased with cash. 9 of […]
Home sales of single-family detached units in Simi Valley California for the month of January 2013 pulled back with only 85 sales for the month. While this is dramatically lower than the monthly average for 2012 and a 22% decline from December 2012; January and February over the last several years have typically behaved in […]
How did the year end for Simi Valley home sales in 2012? Did the real estate market live up to all hype from the industry and media coverage? Remember that real estate markets are local, even hyper local. What may happen in some price ranges and some other areas may not always occur in our […]
Sales of single-family detached homes in Simi Valley during the month of December improved slightly over the prior year’s totals. Median home pricing settled out at $400,000 and the average sale price retreated $27,000 at its lowest point since June 2012. Distressed properties still make up approximately 50% of all sales. Restricted inventories and low […]
Single-family detached home sales for the month of November 2012 in Simi Valley slowed and finished below the trending average of 115 units per month for this year. This is somewhat of a surprise as the last couple years sales volumes increased near year-end, as the banks rushed to clear their books of short sales […]
October Single Family Detached Home Sales for Simi Valley did not react much different that September. Volume is up over 2010 and 2009. Homes under $400k are pulling the lion’s share of the activity and as interest rates drop into low 4’s and high 3’s buyers still remain cautious. I mentioned last month the sluggish […]
Simi Valley Single-family detached home sales for the month of April 2011 did not continue to increase in the number of properties sold as we saw in February and March. What was more interesting, was that the volume dropped a little over 10% from 2010. The month-to-month uncertainty that still clouds the market, is a […]
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