Is Simi Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2021
Since last year, Simi Valley has remained a Seller's Market.
Key Takeaway
Simi Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Simi Valley, CA cost?
Median Sold Price
$793,717
$457/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2021
+$73,717(+10.2%)
Key Takeaway
Homes in Simi Valley have sold for 10.2% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Nov 2021 | Nov 2022 | % |
|---|---|---|---|
| 1 Bedroom | $330K | $399K | +20.9% |
| 2 Bedrooms | $455K | $545K | +19.8% |
| 3 Bedrooms | $675K | $750K | +11.1% |
| 4 Bedrooms | $779.2K | $859.6K | +10.3% |
| 5+ Bedrooms | $950K | $1.0M | +13.5% |
Median Sold Price Compared To Nearby Cities
| Moorpark | $800K | $899.5K | +12.4% |
| West Hills | $902.4K | $1.0M | +11.9% |
| Thousand Oaks | $914.7K | $1.0M | +10.9% |
| Simi Valley | $720K | $793.7K | +10.2% |
How many homes are available in Simi Valley, CA?
Number of Homes For Sale
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 316 | 284 | -10.1% |
Homes For Sale By Bedroom Count
| # BEDS | Oct 2022 | Nov 2022 | % |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 37 | 38 | +2.7%  |
| 3 Bedrooms | 104 | 101 | -2.9% |
| 4 Bedrooms | 119 | 97 | -18.5% |
| 5+ Bedrooms | 50 | 42 | -16.0% |
Number of Homes Sold
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 102 | 62 | -39.2% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Simi Valley, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Average Sale Time
| Nov 2021 | Nov 2022 | % |
|---|---|---|
| 27 Days | 44 Days | +58.6% |
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Simi Valley has remained consistent over time.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.