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Tuesday, September 13, 2016

Central Coast Market Snapshot


The real estate market in San Luis Obispo County is still very robust. First, the numbers for the North County area:
  1. The median price for a single-family home is $455,000, up 3.4% year over year. 
  2. The average days on market for a property is 50 days. 
  3. The median price per square foot for a home is $262. 
  4. There were 343 properties listed in the area at the end of July. 
Here are the numbers for the San Luis Obispo/Avila area: 
  1. The median price for a single-family home is $784,500, up 16% year over year. 
  2. The average days on market for a property is 31 days. 
  3. The median price per square foot for a home is $431. 
  4. There were 98 properties listed in the area at the end of July. 
Finally, the numbers for South County area: 
  1. The median price for a single-family home is $590,000, up 1.7% year over year. 
  2. The average days on market for a property is 54 days. 
  3. The median price per square foot for a home is $357. 
  4. There were 276 properties listed in the area at the end of July.



The market for San Luis Obispo County is still very robust.



If you’re interested in knowing what your home might be worth or have aspirations to buy or sell, please feel free to reach out to me. Just give me a call or shoot me an email, and I’d be glad to help.