Selling points

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MORE‘Mame,’ ‘Hello, Dolly!’ composer Jerry Herman dies at 88 Depending on the ZIP code, median housing prices in southeastern Ventura County range from $565,000 in Simi Valley to more than $900,000 in parts of the Conejo Valley. In December the median price was above $700,000 in Moorpark and topped $800,000 in the Conejo Valley as a whole. But government and industry leaders say more affordable housing is needed for a wide variety of workers needed to sustain the community, including new teachers, nurses, law enforcement officers, and workers in the county’s thriving agriculture and biotechnology industries. Families in such communities as Thousand Oaks and Simi Valley often need two incomes in order to afford homes and even apartment rentals. Recent surveys show only about 13 percent of county residents can afford to buy a median-price home. And it would take an income of about $50,000 a year to afford a two-bedroom apartment with an average rent of more than $1,400 in the county, according to the Area Housing Authority of Ventura County. Douglas Tapking, executive director of the housing agency, said buyers of homes in the area are facing mortgage payments of thousands of dollars a month, which would require incomes of more than $100,000 a year. But Theune said new housing developments, apartments and housing complexes for senior citizens will help meet the demand. Even with the high median price, there are homes available in Simi Valley for around $500,000, Theune said, and one-bedroom condominiums starting at around $225,900. “With more inventory comes more affordability,” she said. Conejo Valley Median home price: $824,000 Simi Valley Median home price: $565,000 Moorpark Medium home price: $715,000160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! Residents and businesses owners are drawn to the southeastern Ventura County area by its low crime rate, mild climate, abundant parkland and good schools – all selling points for people moving to Simi Valley, Moorpark and Thousand Oaks. “This is considered a safe, family-oriented area. It offers residents a small-community feeling with the benefits of a metropolitan area,” said Leah Theune of Troop Real Estate, a member of the Simi Valley/Moorpark Association of Realtors. “Simi Valley has really grown and come of age, especially with the addition of our new Simi Valley Town Center mall.” The 600,000-square-foot open-air regional shopping mall, anticipated for more than 20 years, was completed in 2005 north of Highway 118, between First Street and Erringer Road. As the area has become more developed and affluent, the demand for housing has made the county’s homes among the most expensive in Southern California, an increasing concern for employers trying to recruit employees from less expensive areas.last_img