Riders In Real Estate

Simi Valley, CA 93065

Single-Family Homes

818-209-8180 | agent@ridersinrealestate.com



Simi Valley, CA 93065

Mon Jul 22 2019
This week the median list price for Simi Valley, CA 93065 is $764,975 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has held steady at or around 124. Click here to stay informed with the Simi Valley market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Simi Valley, CA 93065

Mon Jul 22 2019
This week the median list price for Simi Valley, CA 93065 is $764,975 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has held steady at or around 124. Click here to stay informed with the Simi Valley market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Simi Valley market.
Median List Price $764,975
Per Square Foot $326
Days on Market 62
Price Decreased 50%
Price Increased 4%
Relisted 12%
Inventory 124
Median House Rent $3,300
Most Expensive $3,450,000
Least Expensive $450,000
Market Action Index
Strong Seller's Market
51

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,049,000 3,651 0.25 - 0.5 acre 5 4 20 2 2 81
$899,000 2,852 8,000 - 10,000 sqft 4 4 20 0 6 51
$679,900 2,070 6,500 - 8,000 sqft 4 3 38 4 9 63
$564,500 1,457 6,500 - 8,000 sqft 3 2 55 10 15 53