San Luis Obispo Real Estate Market Review January – June 30th, 2015. If you are looking to purchase a single-family home in the City of San Luis Obispo, or are asking yourself if now is the time I should sell my house in San Luis Obispo? No matter if you are a first time home buyer, looking to move up, downsize, or relocate; you will want to go over the most recent market information provided below. If the information below is no longer current you are more than welcome to reach out to me for an update. My email is [email protected]. If you are selling your San Luis Obispo home or looking to get it listed on the market in the next few months please go to www.FreeHouseQuotes.com for a current San Luis Obispo home market evaluation. Please note this is not an instant quote, as some of the other pick a price sites. I must say they are getting better, however, they seem to be more challenged the more unique and custom your home is. It’s not just about finding other similar homes across town and pop out an average. If you are longer out than a few months ask to be set up to see what other homes like yours are listing an selling for. It’s a free service, you just have to ask.
If you are a buyer on the other end of the spectrum you can go to www.JamesOutland.net click property search San Luis Obispo and search the price and property anytime you desire. If you are looking to make a move shortly ask to be set up for a client portal for San Luis Obispo home for sale. What if you’re on Realtor.com, Trulia, Zillow or homes.com? Remember these portals feed on our MLS at some point. It starts with us, plus you can avoid a lot of the distractions/ ads and time of seeing the same home over and over on different sites. Smart buyers will want this service to avoid the duplicated properties, the benefits of specific search criteria, and one of the best buyers tools is the knowledge of what other homes closed for recently. The link is mobile friendly so no need to download an app. If you are interested in this please email me [email protected] today.
Enjoy the recent San Luis Obispo Real Estate Market Review January – June 30th, 2015 I do look forward to helping you reach your Real Estate Goals
|
Curnt vs. Prev Month |
Curnt vs. Same Month 1 Yr Ago |
Curnt vs. Same Qtr 1 Yr Ago |
|
Jun. 15 |
May. 15 |
% Change |
Jun. 15 |
Jun. 14 |
% Change |
Apr. 15 to Jun. 15 |
Apr. 14 to Jun. 14 |
% Change |
| For Sale |
83 |
85 |
-2.4%  |
83 |
93 |
-10.8% |
82 |
92 |
-10.9% |
| Sold |
41 |
22 |
86.4%  |
41 |
29 |
41.4% |
32 |
31 |
3.2% |
| Pended |
37 |
41 |
-9.8% |
37 |
34 |
8.8% |
39 |
35 |
11.4% |
|
| Date |
4/14 |
5/14 |
6/14 |
7/14 |
8/14 |
9/14 |
10/14 |
11/14 |
12/14 |
1/15 |
2/15 |
3/15 |
4/15 |
5/15 |
6/15 |
| For Sale |
95 |
88 |
93 |
93 |
85 |
79 |
74 |
58 |
62 |
52 |
62 |
69 |
78 |
85 |
83 |
| New Listing |
61 |
42 |
42 |
33 |
26 |
20 |
28 |
23 |
29 |
27 |
45 |
47 |
63 |
40 |
42 |
| Sold |
34 |
29 |
29 |
42 |
27 |
22 |
23 |
20 |
26 |
19 |
16 |
38 |
34 |
22 |
41 |
| Pended |
32 |
39 |
34 |
24 |
26 |
17 |
26 |
25 |
18 |
22 |
41 |
35 |
38 |
41 |
37 |
| Months of Inventory (Closed Sales) |
2.8 |
3 |
3.2 |
2.2 |
3.1 |
3.6 |
3.2 |
2.9 |
2.4 |
2.7 |
3.9 |
1.8 |
2.3 |
3.9 |
2 |
| Months of Inventory (Pended Sales) |
3 |
2.3 |
2.7 |
3.9 |
3.3 |
4.6 |
2.8 |
2.3 |
3.4 |
2.4 |
1.5 |
2 |
2.1 |
2.1 |
2.2 |
| Absorption Rate (Closed Sales) % |
35.8 |
33 |
31.2 |
45.2 |
31.8 |
27.8 |
31.1 |
34.5 |
41.9 |
36.5 |
25.8 |
55.1 |
43.6 |
25.9 |
49.4 |
| Absorption Rate (Pended Sales) % |
33.7 |
44.3 |
36.6 |
25.8 |
30.6 |
21.5 |
35.1 |
43.1 |
29 |
42.3 |
66.1 |
50.7 |
48.7 |
48.2 |
44.6 |
| Avg. Active Price |
989 |
982 |
992 |
991 |
971 |
934 |
939 |
1037 |
959 |
933 |
909 |
998 |
1057 |
1018 |
1023 |
| Avg. Sold Price |
690 |
726 |
774 |
681 |
787 |
713 |
827 |
816 |
647 |
660 |
722 |
676 |
772 |
701 |
775 |
| Avg. Sq. Ft. Price |
348 |
382 |
407 |
372 |
413 |
361 |
367 |
384 |
373 |
350 |
442 |
368 |
396 |
432 |
407 |
| Sold/List Diff. % |
98 |
97 |
98 |
98 |
93 |
97 |
97 |
96 |
99 |
95 |
97 |
98 |
98 |
100 |
99 |
| Sold/Orig LP Diff. % |
97 |
96 |
96 |
97 |
89 |
93 |
96 |
88 |
96 |
97 |
96 |
96 |
96 |
100 |
98 |
| Days on Market |
31 |
48 |
43 |
34 |
64 |
75 |
32 |
126 |
74 |
47 |
36 |
50 |
35 |
28 |
57 |
| Avg CDOM |
42 |
48 |
46 |
43 |
70 |
81 |
34 |
126 |
74 |
62 |
37 |
54 |
46 |
28 |
57 |
| Median |
667 |
648 |
710 |
625 |
652 |
667 |
720 |
678 |
614 |
576 |
611 |
657 |
690 |
600 |
675 |
|
|
