Central Coast Real Estate Archives - Page 24 of 28 - Santa Maria CA Real Estate Blog & Information, REALTOR® Selling Santa Maria CA Homes

Avila Beach MLS Home Search & 2008 Market Update

02/27/2009
Central Coast Real Estate

There were 18 sales reported on the local MLS in Avila Beach in 2008. The lowest re-sale was a $300,000 manufactured home in Indian Hills, an age restricted park in San Luis Bay Estates. The monthly association dues on that 38 year old unit is about $285. The most expensive home sold during that time period was a 2 bedroom, 3 bath, 2800 square foot home in San Luis Bay Estates which sold for $2.3 million. The average price was $763,500, with an average days on market of about 4 months, and selling for abut 97.4% of list price, for about $07 per square foot.

Buying Central Coast Foreclosed Properties at Auction

02/25/2009
Central Coast Real Estate

I attended a foreclosed home property auction hosted by Hudson & Marshall in Ventura last evening. Fortunately, my client was successful in his bid so it was worth the trip down for both of us. He was also able to save about $80,000 off the list price of the property. It was an exciting event and we were both still on a high while we waited with the other winners to sign contracts. All the winning bids are subject to investor/bank approval which will take about 5-7 days to obtain, so we will know if the deal will stick in about a week.

Arroyo Grande CA 2008 Market Update & Free MLS Listing Search

02/08/2009
Central Coast Real Estate

In 2008, a total of 276 homes and condos sold in Arroyo Grande, CA. 243 were single family homes, and 33 were condos or in planned unit developments. Average home price was approximately $648,000, $331 per sq ft., and sold after 130 days on market. The lowest resale home price was a 2 bedroom 2 bath bank owned twin home in an age restricted community that was 1064 sq. ft. and sold for $190,000. $650,000 would have purchased a 3 bedroom, 4 bath, 2330 sq. ft. lakeside home with granite countertops and a golf cart bay in the gated golf course community of Cypress Ridge.

Grover Beach CA 2008 Market Update & Free MLS Listing Search

01/30/2009
Central Coast Real Estate

The south San Luis Obispo county cities of Grover Beach, Oceano, & Nipomo had a good deal of foreclosure activity in 2008. A total of 120 homes and condos sold in Grover Beach in 2008. 87 of those sold listings were single family homes . . .

Nipomo 2008 Market Update & MLS Listing Search

01/29/2009
Central Coast Real Estate

A total of 190 homes and condos sold in Nipomo in 2008. 63 were REOs (bank owned homes) and 15 were short sales. So, one third of the closed sales were foreclosures and 7% were pre-foreclosure listings. Average square footage…

Pismo Beach & Shell Beach CA 2008 Market Update & MLS Search

01/13/2009
Central Coast Real Estate

A total of 82 single family homes and 15 condos sold in Pismo Beach and Shell Beach in 2008. The average list price of homes sold was $990,900 and average selling price was about $895,000 The average list price of sold condos in the area was $622,620 and average sellng price was was $586,000. Listings that sold were on the market an average of 112 days. Average price per square foot for Pismo Beach and Shell Beach condos was $399, and average price per square foot of sold homes was $458.

Should I Make an Offer on a Central Coast Short Sale Property?

01/12/2009
Central Coast Real Estate, Short Sale Info

Short sales are popping up all over the Central Coast of CA due to the recent housing boom/bust. Many buyers are interested in these properties because they offer the possibility of today's prices with less competition from other buyers.

Oceano Foreclosure Market Update & Free MLS Search

01/03/2009
Central Coast Real Estate

Oceano is one of California true beach towns. It is not saturated with deliberate commercialism, yet still sports cutesy names like Beach, Ocean and Surf Ave on its streets. Off the beaten path of Highway 101, Oceano instead straddles the scenic route, Highway 1. Known for the Oceano Dunes, a sand dune area of the coastline preserved for off road vehicle recreation and exploration, Oceano attracts many from the inland areas who seek to beat the heat.