Simi Valley HyperLocal Short Sale & Market Trends Update

By Chris B Johnson Realtor,   Simi Valley Short Sale Map, Ventura County Short Sale,

The Simi Valley Short Sale 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. Inventory and days-on-market are climbing, while the Market Action Index has been flat recently. The trends point to a weakening market.

Market View for Simi Valley

Average Listing Price

$583,621                                             -$30,626

for week ending May 07                      -5.0%

Median Sales Price

$445,000                                             +$40,000

Feb ’14 – May ’14                                 +9.9%

Home Standings    485 Homes for Sale     31 Open Homes          915 Recently Sold       314 Foreclosures

Market Trends for Simi Valley

Looking for help? I can help you get your Single Point Of Contact, obtain a Loan Modification or Short Sale your property and get back on your feet.

Send me an e-mail at cjohnson@prucalhomes.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 805-208-0823.

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Moorpark loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

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Thanks for reading this,

Chris B Johnson.

Chris B Johnson is a Realtor with Prudential California Realty, Berkshire Hathaway HomeServices .

Phone: 805-208-0823.

email cjohnson@prucalhomes.com.

Certified HAFA Specialist     Certified Distressed Property Expert    Certified Short Sale Negotiator.  

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Thousand Oaks Market Update                            Simi Valley Short Sale Trends

Moorpark Market Update                                        Moorpark Market Trends

Ventura County Mortgage Forgiveness              Ventura County Buyers vs Sellers

Are We Still UnderWater?                                      Which Way Is This Market Headed?

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