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 […]
August 2013 Simi Valley Housing Update
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 […]
July 2013 Simi Valley Housing Update
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 […]
