Riders In Real Estate

Simi Valley, CA 93065

Single-Family Homes

818-209-8180 | agent@ridersinrealestate.com



Simi Valley, CA 93065

Tue May 21 2019
This week the median list price for Simi Valley, CA 93065 is $719,900 with the market action index hovering around 48. This is an increase over last month's market action index of 45. Inventory has held steady at or around 141. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Simi Valley, CA 93065

Tue May 21 2019
This week the median list price for Simi Valley, CA 93065 is $719,900 with the market action index hovering around 48. This is an increase over last month's market action index of 45. Inventory has held steady at or around 141. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Simi Valley market.
Median List Price $719,900
Per Square Foot $320
Days on Market 73
Price Decreased 46%
Price Increased 5%
Relisted 13%
Inventory 141
Median House Rent $1,850
Most Expensive $2,690,000
Least Expensive $90,000
Market Action Index
Strong Seller's Market
48

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
$1,075,000 3,547 0.25 - 0.5 acre 5 4 21 5 1 70
$819,950 2,754 6,500 - 8,000 sqft 4 3 19 2 8 81
$659,999 1,950 6,500 - 8,000 sqft 4 3 35 6 6 75
$567,500 1,522 6,500 - 8,000 sqft 3 2 55 9 8 68