Riders In Real Estate

Simi Valley, CA 93065

Single-Family Homes

818-209-8180 | agent@ridersinrealestate.com



Simi Valley, CA 93065

Fri Nov 15 2019
This week the median list price for Simi Valley, CA 93065 is $797,777 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 99. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Simi Valley, CA 93065

Fri Nov 15 2019
This week the median list price for Simi Valley, CA 93065 is $797,777 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 99. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Simi Valley market.
Median List Price $797,777
Per Square Foot $328
Days on Market 71
Price Decreased 39%
Price Increased 4%
Relisted 13%
Inventory 99
Median Rent $2,825
Most Expensive $2,599,950
Least Expensive $100,000
Market Action 47
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, 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
$1,071,500 3,776 0.25 - 0.5 acre 4 4 18 1 2 103
$865,000 3,020 8,000 - 10,000 sqft 4 3 20 2 2 85
$675,000 2,098 6,500 - 8,000 sqft 4 3 51 10 5 38
$569,000 1,580 6,500 - 8,000 sqft 3 2 54 3 4 56