Like every other markets, the city of San Luis Obispo was not spared by the decline in home sales and prices on stick-built single family residences. Notwithstanding that the city of San Luis Obispo is a college town that tend to face higher turnover in ownership, home … (2 comments)
Among the coastal towns/cities in San Luis Obispo county, Cambria suffered the highest decline of 10% in the median home price in 2008 when compared to the same 12 months a year ago. The median home price for 2008 was $632,500. This is a drop … (0 comments)
For January-December 2008, Los Osos saw a drop of 17% in sales of stick-built single-family homes when compared to the same period in 2007. The number of stick-built single-family homes sold fell from 124 in 2007 to 103 in 2008.
At the same … (0 comments)
Data from the Central Coast MLS shows that sales of stick-built single-family homes in Cayucos improved by 23% or 8 more sales, in 2008, when compared with 2007.
It also appears that the average time taken to market properties improved by 13% from 158 … (0 comments)
price trends: Review of Home Sales & Prices in Pismo Beach - 08/23/08 07:29 PM
Buyers, who bought in Pismo Beach during the first six months in 2008, probably enjoyed the lower prices when comparing prices to the same period in 2007. The median home price during this period decreased by 12% from $757,000 to $665,000. Overall, home sale prices are lower.
During … (0 comments)
price trends: Astonishing Short Marketing Time in Oceano! - 08/23/08 07:27 PM
Like Pismo Beach and Nipomo, the median home price in Oceano dropped by 12% from $429,000 to $378,400 in the first half of 2008, when compared to the same period last year. Home prices fell from $269,900 to $185,000 at the low end. At the high end, however, homes … (0 comments)
The above statistics showed that Nipomo, like Grover Beach and Pismo Beach saw a decline of 12% in the median home price. In the first half of 2008, the median home price was $499,900. That declined by $65,100 from $565,000 a year ago. At the same time, overall … (0 comments)
During January to June of 2008, the median home price on stick-built single-family homes in Grover Beach fell by 11%, from $487,500 to $434,375 when compared to the same six months in 2007. Lower-priced homes, particularly those at the low end, seems to remain unchanged at $230,000, while … (0 comments)
Compared to the towns/cities on the North Coast, single-family properties in San Luis Obispo appear to sell faster. In 2007, homes sold in less than 100 days, despite the increase of 17% in the average marketing … (0 comments)
Along the North Coast in San Luis Obispo County, Cambria probably saw the least decline in the median home prices of single-family residences. Homeowners of these properties could be said to have been mildly affected … (0 comments)
The real estate market in Los Osos has long been plagued by the sewer moratorium and the more recent water moratorium. These factors reflect the lower prices of the properties that are situated so close to the … (0 comments)
The above statistics reveal that homeowners of single-family residences in Morro Bay saw a huge jump in median price appreciation by 25% in 2004 when compared to 2003. The median home price appreciation fell by 8% … (0 comments)
Cayucos is not immune to the dampened market that we are experiencing in 2008. During the past five years, Cayucos enjoyed two double-digit growths in median home price appreciation of 21% in 2004 and 26% in 2005. The … (0 comments)
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