JANUARY-DECEMBER 2008 VERSUS JANUARY-DECEMBER 2007
| CAYUCOS |
|
|
|
|
|
| |
|
|
|
|
|
| |
SALES |
AVG.DOM |
HIGH |
LOW |
MEDIAN |
| 2007 |
35 |
158 |
$3,400,000.00 |
$500,000.00 |
$840,000.00 |
| 2008 |
43 |
137 |
$3,800,000.00 |
$415,000.00 |
$799,750.00 |
| 2008/2007 |
8 |
-21 |
$400,000.00 |
($85,000.00) |
($40,250.00) |
| % DIFF. |
23% |
-13% |
|
|
-5% |
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 days to 137 days.
Conversely, the median sale price dropped by 5% from $840,000 in 2007 to $799,750 in 2008.
The above data shows that home sale prices in Cayucos are still holding relatively strong when compared to other cities/towns in San Luis Obispo county.
Due to limited sales data, home sales of condos and mobile homes are not considered in this review.
Notes:
1. AVG. DOM = Average Days on Market
2. Data compiled from Central Coast MLS, deemed correct but not guaranteed.
3. Only stick-built single-family residences included.
4. Condos, PUDs, and mobile homes are not included in this study.
;)
;)
