MARKET REPORT
Market report for the Simi Valley area August 2022.
CONTENTS
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1 In todays market
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2 Simi Valley
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3 Simi Valley
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4 Simi Valley
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5 Simi Valley
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What's your home actually worth
MARKET
That really is the question to ask yourself.
Our market is incredible diverse and changes rapidly. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors is. And at the end of the day, the current market sets your homes's value.
So, do you know what your home is worth in today's market?
Why a Real Estate Professional Is Key When Selling Your House
With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. That may be why the percentage of people who list their houses on their own, known as a FSBO or For Sale By Owner, has reached its lowest point since 1985.
Here are five reasons why selling with a real estate professional makes more sense, even in today’s hot market:
1. They Know What Buyers Want To See
2. They Help Maximize Your Buyer Pool
3. They Understand the Fine Print
4. They’re Trained Negotiators
5. They Know How To Set the Right Price for Your House
There’s a lot that goes into selling your house. Instead of tackling it alone, reach out to a trusted real estate advisor to make sure you have an expert on your side throughout the entire process. Read more here.
SIMI VALLEY
What's in the Simi Valley data?
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SINGLE FAMILY HOMES
123 NEW LISTINGS
19 SOLD LISTINGS
4.8 MONTHS OF INVENTORY
$4.2M
MEDIAN SOLD PRICE
98.4%
MEDIAN SALE vs LIST
23
AVG DAYS ON MARKET
CONDO & TOWNHOMES
31 NEW LISTINGS
11 SOLD LISTINGS
1.3 MONTHS OF INVENTORY
$1.6M
MEDIAN SOLD PRICE
102.1%
MEDIAN SALE vs LIST
53
AVG DAYS ON MARKET
SIMI VALLEY
MedianSalesPrice
Single Family Homes
The median sales price is the up from $1.6m on July 2021 to $1.7m on July 2022.
Condos & Townhomes
The median sales price has slightly increased from $667k last July 2021 to $715k in July 2022
AVGDaysonMarket
Single Family Homes
The median sales price is the up from $1.6m on July 2021 to $1.7m on July 2022
Condos & Townhomes
The median sales price has slightly increased from $667k last July 2021 to $715k in July 2022
Overbids
Single Family Homes
The median sales price is the up from $16m on July 2021 to $17m on July 2022
Condos & Townhomes
The median sales price has slightly increased from $667k last July 2021 to $715k in July 2022.
