Riders In Real Estate

Simi Valley, CA 93065

Single-Family Homes

818-209-8180 | agent@ridersinrealestate.com



Simi Valley, CA 93065

Fri Sep 20 2019
This week the median list price for Simi Valley, CA 93065 is $805,000 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has held steady at or around 111. Click here to stay informed with the Simi Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Simi Valley, CA 93065

Fri Sep 20 2019
This week the median list price for Simi Valley, CA 93065 is $805,000 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has held steady at or around 111. Click here to stay informed with the Simi Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Simi Valley market.
Median List Price $805,000
Per Square Foot $315
Days on Market 64
Price Decreased 41%
Price Increased 3%
Relisted 16%
Inventory 111
Median House Rent $2,900
Most Expensive $2,490,000
Least Expensive $439,000
Market Action Index
Strong Seller's Market
50

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,025,000 3,639 0.25 - 0.5 acre 4 4 20 5 0 90
$892,450 3,010 8,000 - 10,000 sqft 4 3 18 6 5 69
$704,450 2,182 6,500 - 8,000 sqft 4 3 45 10 8 69
$540,975 1,319 6,500 - 8,000 sqft 3 2 51 10 6 28