Simi Valley, CA Foreclosures
How much do homes sell for in Simi Valley, CA?
The average home price is currently $924,243.
What’s the average rental cost in Simi Valley, CA?
The average rental price in Simi Valley is $2,842.
What is the most expensive home in Simi Valley?
The most expensive home sold in Simi Valley had a price of $162,613,216.
What is currently the cheapest priced home in Simi Valley, CA?
The cheapest home for sale in Simi Valley is priced at $26,848.
Living in Simi Valley, CA
Simi Valley, CA, offers a perfect blend of suburban tranquility and easy access to urban life. The city is known for its excellent schools, lush parks, and family-friendly environment, making it an attractive option for families and professionals alike. With various amenities and recreational opportunities, Simi Valley presents a welcoming place to call home.
Current Market Conditions in Simi Valley, CA
Simi Valley's real estate market has been steadily rising, with an increase in home values driven by demand from families seeking quality neighborhoods. The city's charm, safety, and educational opportunities continue to attract new residents, contributing to competitive bidding scenarios in recent months.
Home sales have seen a significant upturn, reflecting the desirability of the area. However, inventory levels are low, which poses a challenge for buyers. The market shows a healthy turnover with homes selling relatively quickly, providing homeowners with favorable conditions to list their properties at competitive prices.
Home Value Estimator For Simi Valley, CA
There are currently 39,442 real estate properties
in Simi Valley, CA,
with a median automated valuation model (AVM) price
of $820,528.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Simi Valley, CA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Simi Valley, CA,
is $924,243.00, with the most expensive house
in Simi Valley, CA, topping out
at $162,613,216.00 and the cheapest home
in Simi Valley, CA,
clocking in at $26,848.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Simi Valley, CA!
Rent Prices
In Simi Valley, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Simi Valley, CA, is on
a rollercoaster ride. The
average rent price in Simi Valley, CA,
is $2,842.00. Indeed, when looking to rent in
Simi Valley, CA, you can expect to pay as little
as $1,180.00 or as much
as $8,320.00,
with the average rent median estimated to
be $2,730.00. The good news is that finding
an affordable and desirable property to rent in Simi Valley, CA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
