The prices in real estate in Simi Valley, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Simi Valley has fallen in the last 6 months. In November, the average price per sq.feet was $331. In December this price pretty much remained the same at a value of $332 per sq.feet. The price for the following two months in (January, February) decreased 89 % with regard to the prior two months. The price per sq.feet has decreased 92 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $313.5 to $288.5 during March, and April.
Based upon to the price in Simi Valley (cities), these have remained the same in the last 6 months. The price in November is $648,988, rising in December till $682,399. During the following two months (January, February) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $635,673.5 and $636,804.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $653,687 they are 84 % more affordable than the average price for Simi Valley. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $549,361.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $149 / sq.feet, with an average $298 / sq.feet price in Simi Valley. The properties with the highest average prices have 3 bedrooms. They are 20 % more expensive than the average followed by properties with 4 bedrooms with a price at $327 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $653,687 it is 6 % cheaper than the average price in Simi Valley. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $716,188 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $252 / sq.feet followed by "Condo" priced at $288 / sq.feet. "Duplex" is the most costly type of property with a $2,339 / sq.feet cost followed by "House" with an average price of $327 / sq.feet.