North County Real Estate Report – October 2010 to October 2011

North County Real Estate Report – October 2010 to October 2011

The statistical charts below are for the North County area of San Luis Obispo County and include the cities/towns of Paso Robles, Atascadero & Templeton. These market statistics are taken directly from the Multiple Listing Service for Single Family Residences.

If you would like information for just your city/town or for a certain price range or for just a specific type of residence, such as condos, or for vacant land, contact us at Ocean Breeze Real Estate and we’ll email it to you. Additionally if you would like the statistical data that the charts are drawn from, we can email that to you as well.

The number of homes for sale in the north county towns of Paso Robles, Atascadero & Templeton is down 19% and the number of months of inventory is half what it was last year. The number of sold homes is virtually unchanged from a year ago although it is trending downward these past few months. Pending homes are up though. The median list price is up 4% from a year ago and the median sold price is down 11%.

If you’re thinking about selling it could be a good time to put your home on the market while inventory is down. And if you’re thinking about buying, interest rates are at all time lows. Give us a call to discuss your needs!

For now, Spencer & Margaret Morris