Simi Valley Real Estate Market: Steady Growth and Strong Buyer Demand

July 2025 Market Analysis

The Simi Valley real estate market continues to demonstrate resilience and steady growth, with median home prices rising 3.2% over the last 30 days to reach $897,500. This established Southern California community is showing healthy market fundamentals with robust sales activity and strong buyer interest across all price segments.

Market Overview: Balanced Growth

Unlike some markets experiencing dramatic price swings, Simi Valley is displaying measured, sustainable growth. The 3.2% monthly increase in median prices reflects a market that's appreciating without overheating, creating opportunities for both buyers and sellers in this desirable Ventura County location.

The market's breadth is impressive, with recent sales ranging from $639,000 to a remarkable $2.71 million—the highest sale recorded on June 6, 2025. This wide price range demonstrates Simi Valley's ability to serve diverse buyer segments, from first-time homeowners to luxury purchasers.

Sales Activity: Strong Volume Despite Slight Decline

Simi Valley recorded 58 home sales in the last 30 days, representing a 17% decrease from the previous period's 70 sales. However, this remains a healthy sales volume that significantly outpaces smaller markets, indicating sustained buyer interest and market liquidity.

The current market inventory shows robust activity across all stages:

• 184 active listings providing buyers with solid selection

• 90 pending sales demonstrating strong buyer engagement

• 77 new listings in the past 30 days, indicating sellers are confident in market conditions

What Drives Simi Valley's Appeal

Several factors contribute to Simi Valley's market strength:

Market Efficiency: Homes are selling at 100.2% of list price on average, indicating accurate pricing and strong buyer demand. This slight premium over asking price shows buyers are willing to compete for well-positioned properties.

Quick Sales: The average 48 days on market is excellent for the current market environment, suggesting properties are priced correctly and meeting buyer expectations.

Stable Community: With residents staying an average of 16 years and a low 2.3% annual turnover rate among the area's 31,354 homes, Simi Valley clearly offers the quality of life that keeps families rooted long-term.

Buyer Preferences and Market Segments

The sales data reveals interesting buyer preferences in Simi Valley:

4-Bedroom Homes Lead Demand: With 27 sales averaging $974,500, 4-bedroom properties represent the sweet spot for Simi Valley buyers—likely families seeking space and value.

Diverse Market Segments:

• 2-bedroom homes: 2 sales, $807,654 average

• 3-bedroom homes: 20 sales, $855,410 average

• 4-bedroom homes: 27 sales, $974,500 average

• 5+ bedroom homes: 9 sales, $1,307,778 average

This distribution shows healthy demand across all home sizes, with larger homes commanding premium prices as expected.

Price Distribution and Market Balance

The recent sales breakdown reveals a well-balanced market:

• 26% of sales under $785,000 (15 homes)

• 50% of sales between $785,000-$1,000,000 (29 homes)

• 26% of sales over $1,000,000 (15 homes)

This distribution indicates Simi Valley serves a broad economic spectrum while maintaining its position as a premium market within Ventura County.

Investment and Pricing Trends

The market shows positive momentum with both list and sale prices increasing. Average list price per square foot has risen from $499 to $504, while sold price per square foot has increased from $498 to $504, indicating consistent value appreciation across the market.

The fact that homes are selling slightly above asking price (100.2% of list) demonstrates:

• Accurate pricing by sellers and agents

• Competitive buyer environment

• Strong underlying demand for Simi Valley properties

Current Listings: Opportunities Across Price Points

Active listings showcase the market's diversity, ranging from a $649,000 2-bedroom home to a $1.375 million 5-bedroom property. The variety in price per square foot ($368-$653) reflects different neighborhoods, home ages, and amenities within the broader Simi Valley market.

Notable is the consistent demand across price points, with pending sales showing similar diversity from $674,900 to $819,000, indicating buyer interest at all market levels.

Market Outlook and Opportunities

For Sellers: The current market offers excellent conditions with homes selling quickly at or above asking price. The 3.2% monthly appreciation rate provides strong equity growth opportunities.

For Buyers: While prices continue to rise, the market remains relatively balanced with good inventory levels. The 48-day average market time suggests buyers have reasonable opportunity to find suitable properties without excessive competition.

For Investors: Simi Valley's combination of steady appreciation, strong rental demand (given its family-friendly nature), and relative affordability compared to Los Angeles County markets makes it an attractive investment proposition.

Conclusion

Simi Valley represents a mature, well-functioning real estate market that balances growth with stability. The 3.2% monthly price appreciation, coupled with strong sales volume and efficient market dynamics, positions this community as a solid choice for both residents and investors.

The market's ability to attract buyers across all price segments—from starter homes to luxury properties—demonstrates Simi Valley's fundamental appeal: quality schools, family-friendly neighborhoods, and relative affordability within the greater Los Angeles metropolitan area.

With homes selling quickly at fair prices and new inventory consistently entering the market, Simi Valley continues to offer opportunities for buyers while rewarding sellers with strong appreciation. This balance suggests a sustainable market trajectory that serves the community's long-term interests.

Market data courtesy of Steve Hise & Tricia Garcia, Realtor, Exp Realty of California Inc. All information should be independently verified.