Median Price Homes in slo County

Reviewing active home sales in San Luis Obispo County for the past six months the median price home is $769,000.

 

Sold properties for the same time period has the median price home at $585,000 not including million dollar properties, adding the million dollar homes changes the stats slightly to $607,450 with a low at $280,000 and the highest price home at $3,200,000.

 

From ‘December 20 thru January 21, 2009’ in San Luis Obispo County there were 177 active listings with a median price of $642,191.  The highest price property is a 724 acre Thoroughbred horse farm listed at $25,000,000 in Paso Robles.

 

In that same period of time we had 54 properties that sold with a median price of $600,000, a low at $100,000 and a high at $3,200,000.

 

Foreclosures and Short Sales in SLO County (not including Santa Maria) for this past month only, active listings 54 with a 107 sold properties.  The median active priced listing is $481,450 with a low at $139,000 and a high at $900,000. 

 

There was only one Foreclosure/Short Sales in the City of San Luis Obispo, Grover Beach, Morro Bay, two in Arroyo Grande and Templeton, three in Los Osos & Oceano, six in Nipomo and the remaining properties in Atascadero and Paso Robles.

 

We had 107 Foreclosure/Short Sales closed with a median price of $210,000, a low at 110,500 and a high at $750,000.

 

Foreclosures are bank-owned properties that move through the escrow period fairly quickly.  Short Sales move very slowly, a 90 day escrow is not unusual.

 

If you would like more information on Foreclosures and Short Sales, feel free to contact me or one of my agents at Foreclosures@c21Home.com

Advertisements

The URI to TrackBack this entry is: https://slodigest.wordpress.com/2009/01/21/median-price-homes-in-slo-county/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: