Simi Valley, CA Foreclosures
How much do homes sell for in Simi Valley, CA?
The average home price is currently $935,896.
In Simi Valley, CA, how many homes are available?
There are currently 156 active home listings available in Simi Valley.
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 $165,441,504.
What is currently the cheapest priced home in Simi Valley, CA?
The cheapest home for sale in Simi Valley is priced at $27,160.
Living in Simi Valley, CA
Simi Valley is a suburban city located in Ventura County, California. It's known for its family-friendly neighborhoods, quality schools, and abundant outdoor recreation opportunities. The city is surrounded by scenic hills and includes several parks and hiking trails, making it an ideal location for those who enjoy an active lifestyle.
Current Market Conditions in Simi Valley, CA
Simi Valley's real estate market is competitive, with a steady increase in home values over the past years. The demand for housing remains high as more families seek the suburban lifestyle, drawn to the area's amenities and school districts. As such, both single-family homes and townhouses are popular among buyers, making it a favorable location for investment.
The ongoing interest from buyers, especially young families, has contributed to a vibrant housing market. Properties here are selling quickly, often within days of listing, due to the limited inventory available. This is leading to increased prices, reflecting the desirability of the area.
Overall, Simi Valley’s market has shown resilience, even during economic fluctuations, making it a strong option for investors looking to capitalize on a growing market.
Home Value Estimator For Simi Valley, CA
There are currently 39,429 real estate properties
in Simi Valley, CA,
with a median automated valuation model (AVM) price
of $833,976.00. 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 $935,896.00, with the most expensive house
in Simi Valley, CA, topping out
at $165,441,504.00 and the cheapest home
in Simi Valley, CA,
clocking in at $27,160.00. 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.