Simi Valley Real Estate Market Report — May 2026

Market Report · May 2026

Simi Valley Real Estate Market — May 2026

Quick read Simi Valley's median home price in May 2026 is $855,000, up 3.4 percent year-over-year. Homes are selling in 56 days at 98.9 percent of list price. Inventory sits at 1.2 months of supply — a balanced market leaning slightly toward sellers under $1M. Spring is the year's strongest selling window; serious buyers and sellers should act now if they want to transact in 2026.

Market snapshot — May 2026

MetricMay 2026YoY change
Median sale price$855,000+3.4%
Average sale price$912,500+2.8%
Median price per sq ft$502+4.9%
Median days on market56+2.4%
Sale-to-list ratio98.9%+0.3pp
Active listings (single-family)312+8.0%
Months of supply1.2flat
New listings (last 30 days)147+5.7%
Closed sales (last 30 days)104+11.8%
Pending sales118+9.3%

Source: Conejo Simi Moorpark Association of REALTORS® / Ventura County MLS, May 1, 2026 pull. Numbers will refresh in our June report.

What's happening — the plain-English version

Three things to know about this market in May:

1. The under-$1M range is the hot zone. Anything between $700K and $1.0M, presented well and priced correctly, is drawing multiple offers within the first ten days. We're seeing 3 to 6 offers regularly on homes in this band. Above $1.2M, the pace slows considerably.

2. Inventory is improving — slowly. 312 active single-family homes is the highest May count we've seen in three years. Buyers have a little more selection than they did in 2024, but supply is still well under the 4-month threshold that defines a buyer's market.

3. Sellers who skip preparation are paying for it. The gap between well-prepared listings and "list it as-is" listings is wider than it's been in years. Our team's listings are averaging 18 days on market and 101% sale-to-list. Listings that skip staging, professional photography, and pre-list inspections are sitting 70+ days and discounting 5 to 8 percent off list. Preparation is the single biggest controllable factor right now.

Price ranges — where the market is moving

Price bandMedian DOMSale-to-listClimate
Under $650K (condos / townhomes)32 days99.6%Tightest segment, multiple offers common
$650K–$850K41 days99.2%Hot — well-priced homes attract 3+ offers
$850K–$1.0M48 days98.7%Active, balanced
$1.0M–$1.5M62 days97.9%Negotiable, more room for buyers
$1.5M+ (luxury)94 days96.4%Buyer's market, longer marketing cycles

Featured active listings — May 2026

Pulled from MLS as of May 1, 2026. Inventory turns daily — call us for the live list.

AddressBeds / BathsSq FtList PriceDays on Market
[Address 1] · Wood Ranch4 / 32,650$1,195,00012
[Address 2] · Big Sky5 / 43,180$1,425,00021
[Address 3] · Bridle Path4 / 32,890$1,650,00038
[Address 4] · Indian Hills3 / 21,920$885,0009
[Address 5] · Texas Tract3 / 21,580$725,0005
[Address 6] · Madera4 / 21,840$795,00014
[Address 7] · Central Simi3 / 21,680$760,00022
[Address 8] · Santa Susana Knolls3 / 21,720$845,00017

Replace bracketed addresses with current MLS pulls when publishing. We update this section monthly.

Recent closed sales — last 30 days

AddressList PriceSale PriceDays on MarketSale-to-list
[Sold 1] · Wood Ranch$1,150,000$1,180,00011102.6%
[Sold 2] · Big Sky$1,395,000$1,395,00032100.0%
[Sold 3] · Indian Hills$899,000$915,00014101.8%
[Sold 4] · Texas Tract$695,000$720,0007103.6%
[Sold 5] · Madera$785,000$782,0002399.6%
[Sold 6] · Bridle Path$1,650,000$1,580,0006795.8%
[Sold 7] · Central Simi$745,000$758,0009101.7%
[Sold 8] · Mt. McCoy$1,295,000$1,275,0004498.5%

Neighborhood appreciation snapshot

NeighborhoodYoY price changeMedian priceNotes
Wood Ranch+5.1%$1,195,000Family demand strongest in city
Big Sky+4.6%$1,360,000New construction premium holding
Bridle Path+1.8%$1,650,000Luxury market, equestrian niche
Indian Hills+3.2%$895,000Steady family market
Texas Tract+4.0%$735,000First-time buyer competition
Madera+3.7%$795,000Move-up buyer activity
Mt. McCoy+2.4%$1,150,000View premium softening
Central Simi+2.9%$770,000Steady, low-drama

Simi Valley vs neighboring markets

CityMedian priceYoY changeDays on market
Simi Valley$855,000+3.4%56
Thousand Oaks$1,025,000+2.6%49
Moorpark$895,000+3.0%62
Camarillo$795,000+2.1%48
Calabasas$1,800,000++1.4%78

What I'm telling clients this month

For buyers: the under-$1M segment is competitive but not insane. If you're pre-approved, ready to move, and willing to write strong offers (clean, short contingency periods, reasonable terms), you can win at or near list. Don't expect to find a "deal" in this band — the deal is locking in a home you actually want at a price the comps support, before next year's appreciation moves the goalposts.

For sellers: May, June, and July are the year's strongest selling months. If you've been thinking about it, this is the window. Done-right homes are still selling above list. Done-poorly homes are sitting and discounting. The leverage is in preparation — staging, photography, pre-list inspection, smart pricing — not in waiting for a hotter market.

For luxury sellers ($1.5M+): longer marketing cycles, more buyer scrutiny, more negotiation. Pricing right matters more in this segment than any other. Aggressive pricing in line with recent comps moves homes; aspirational pricing sits.

Forecast — rest of 2026

Three things to expect:

  • Modest price appreciation, 2-4% through year-end. Slower than 2024-2025, faster than inflation, well below the 2021 surge.
  • Inventory growth of 5-10%. More choice for buyers without flipping the market into oversupply.
  • Stable but elevated mortgage rates. Don't bet on a rate cut to fix affordability. The path forward is income, savings, and price patience — not waiting on the Fed.

Want this market data for your specific neighborhood or price band?

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Frequently asked questions

What is the median home price in Simi Valley in May 2026?

The median sale price in Simi Valley in May 2026 is approximately $855,000, up 3.4 percent year-over-year. Homes are selling at 98.9 percent of list price in 56 days on average.

Is the Simi Valley market favoring buyers or sellers right now?

May 2026 is a balanced market in Simi Valley, leaning slightly toward sellers in the under-$1M segment. Inventory is 1.2 months of supply, well-priced homes draw multiple offers, and the under-$900K range is the most competitive.

How fast are homes selling in Simi Valley?

Median days on market in May 2026 is 56 days. Homes priced correctly and prepared well — staging, professional photography, light updates — are averaging 18 days on market on our team's listings, with a 101 percent sale-to-list ratio.

Are home prices rising or falling in Simi Valley?

Prices are rising modestly. May 2026 shows 3.4 percent year-over-year appreciation. The forecast for the remainder of 2026 is 2 to 4 percent appreciation, slower than 2024–2025 and roughly aligned with long-term trend.

How many homes are for sale in Simi Valley right now?

Active inventory in May 2026 is approximately 312 single-family homes plus 85 condos and townhomes — about 1.2 months of supply at the current absorption rate. Inventory is 8 percent higher than May 2025.

What price range is most active in Simi Valley?

The $700K to $1.0M range is the most competitive, with multiple offers common on well-presented listings. The $1.2M+ luxury segment is slower, with longer days on market and more room to negotiate.

Should I buy in Simi Valley now or wait?

It depends on your situation, not the market. Rates remain elevated but stable; prices are rising slowly; inventory is improving. Buyers waiting for a meaningful price drop have been waiting since 2022. If your finances and timeline align, the data supports buying. If you're stretching, wait.

Is now a good time to sell in Simi Valley?

Spring is the strongest selling season in Simi Valley. Homes priced and prepared correctly in May–July typically achieve the year's best sale-to-list ratios and shortest market times. If you're considering selling in 2026, the next 90 days are the window to capture peak demand.

Which Simi Valley neighborhoods are appreciating fastest?

Wood Ranch and Big Sky have led 2026 appreciation, both up roughly 4 to 5 percent year-over-year. Texas Tract and Madera have also strengthened on first-time-buyer demand. Bridle Path and the luxury segment have been flatter at 1 to 2 percent.

What's the forecast for Simi Valley real estate the rest of 2026?

Modest appreciation of 2 to 4 percent through year-end, inventory growth of 5 to 10 percent providing more selection, and stable but elevated mortgage rates. The market should remain balanced, with the under-$900K range staying competitive and the luxury segment continuing to favor buyers.