July 2017 Real Estate Market Update

July 24, 2017 No Comments

July 2017 Real Estate Market Update


Posted by Trevor Jones in Market Update

Check out the July 2017 Real Estate Market Update for Simi Valley, Los Angeles and Ventura Counties

Homes are flying of the shelves! It’s summer time! Everyone is freaking out. Homes in Simi are off the market in 51 days on average.

We just listed one last Saturday, had our first offer 8 hours later, and 5 offers by Wednesday.  It sold for $11k over asking in just a few days.  If you’re thinking of selling jump in!

 

 

Median Price

The Median price for a home sold last month in:

Ventura County: $580k,  up 2.7% from a year ago.
LA County: $590k, up 7.3% from a year ago.
Simi Valley: $546k, up 3% from a year ago.

 

Months of Inventory

Ventura County
1.7 months
Down 5.5% from prior month
LA County
1.7  months
Same as prior month.
Simi
Still only 1.4 months.
Right now there are 252 active homes on market.

 

 

 

 

Mortgage Rates

30 year fixed: still below 4% at 3.86%.
Connect with the Top Simi Realtor and let her sell your house for top dollar on the MLS in record time!

Hit us up!

Jones Home Collective
2655 First St Suite 150 Simi Valley CA 93065
805-285-2813

Trevor
Leila
Snapchat Trevor: brokerninja
Snapchat Leila: leilajrealtor


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