MORRO BAY KITE FESTIVAL
One of my favorite walks, is up the path to the rock, then over to the ocean. This was my view this past Saturday!
The annual Morro Bay Kite Festival!
LYNN BATES, Keith Byrd Team, North Coast Realtor of San Luis Obispo County including Morro Bay, Cayucos, Cambria and Los Osos. 805 458-4409. Lynn@LynnBates.Com
BIRDS, Birds, birds….
Morro Bay is on the Pacifi
c Flyway, meaning we have an incredible amount of species of birds that stop by on their way to their winter or summer homes. Some stay year round.
So- what better reason to have an annual event?
The 15th Annual Morro Bay Winter Bird Festival of 2011 will be January 14-17th. Over 200 species of birds are seen and identified during this week-end. The festival includes events, field trips, workshops, and newly added this year- “Fun for the Family Day”- offering workshops and field trips geared toward children’s participation. For more info on this festival week-end: www.morrobayfestival.org.
LYNN BATES, Keith Byrd Team, North Coast Realtor of San Luis Obispo County including Morro Bay, Cayucos, Cambria and Los Osos. 805 458-4409. Lynn@LynnBates.Com
still need one more stocking stuffer?
How about a CO2 Detector? What better way to show you care!
The Carbon Monoxide Poisoning Prevention Act of 2010 goes into effect July 1st, 2011. This act requires a carbon monoxide detector to be in every single-family home at time of sale, similar to the way smoke detectors are currently required.
For multi-family properties, the compliance date is Jan 1, 2013.
Since the gas is odorless, tasteless and virtually undetectable with our senses- these little gadgets have saved many lives.
Happy Holidays!
LYNN BATES, Keith Byrd Team, North Coast Realtor of San Luis Obispo County including Morro Bay, Cayucos, Cambria and Los Osos. 805 458-4409. Lynn@LynnBates.Com
NO DISRESPECT INTENDED
Although Congress may be in the midst of debating their holiday policies…
Just know that as your Realtor, I am available over the holiday season to answer your real estate questions, show you properties, negotiate your offers and assist you with all of your real estate buying and selling needs. 
Happy Holidays!
LYNN BATES, Keith Byrd Team, North Coast Realtor of San Luis Obispo County including Morro Bay, Cayucos, Cambria and Los Osos. 805 458-4409. Lynn@LynnBates.Com
MARKET SNAPSHOT OF THE SCENIC COAST
MARKET UPDATE
FOR SALES ACTIVITY FROM JANUARY -NOVEMBER
FOR MORRO BAY, LOS OSOS, CAYUCOS & CAMBRIA
(YTD = Year to date)
MORRO BAY
Active: 130
YTD Sold/(Nov): 114 (9)
YTD Median Price of Solds: $430,000
YTD #REO’s (Bank Owned) Sold: 22 (median sales price: $360,000)
YTD #Short Sales Sold: 12 (median sales price: $440,000)
LOS OSOS
Active: 50
YTD Sold/(Nov): 108 (1)
YTD Median Price of Solds: $365,000
YTD #REO’s (Bank Owned) Sold: 26 (median sales price: $317,000)
YTD #Short Sales Sold: 13 (median sales price: $285,000)
CAYUCOS
Active: 47
YTD Sold/(Nov): 37 (1)
YTD Median Price of Solds: $580,000
YTD #REO’s (Bank Owned) Sold: 5 (median sales price: $480,000)
YTD #Short Sales Sold: 4 (median sales price: $408,000)
CAMBRIA
Active: 94
YTD Sold/(Nov): 112 (9)
YTD Median Price of Solds: $456,000
YTD #REO’s (Bank Owned) Sold: 19 (median sales price: $387,000)
YTD #Short Sales Sold: 10 ( median sales price: $421,000)
Of the properties that are currently on the market and available- the numbers below show how many of these are in some state of the foreclosure cycle: “‘pre-foreclosure”, the short sales; in foreclosure, NOD’s, Notice of Defaults & Trustee Sales; and after foreclosure- the REOs, bank owned properties:
Morro Bay: 12 of the 130 currently available.
Los Osos- 8 of the 50 currently available.
Cayucos: 6 of the 47 currently available.
Cambria- 17 of the 94 currently available.
LYNN BATES, Keith Byrd Team, North Coast Realtor of San Luis Obispo County including Morro Bay, Cayucos, Cambria and Los Osos. 805 458-4409. Lynn@LynnBates.Com
SUNSET IN MORRO BAY
LYNN BATES, Keith Byrd Team, North Coast Realtor of San Luis Obispo County including Morro Bay, Cayucos, Cambria and Los Osos. 805 458-4409. Lynn@LynnBates.Com
coming soon…HOLIDAY CELEBRATIONS IN MORRO BAY, LOS OSOS, CAYUCOS AND CAMBRIA!
LOS OSOS
Dec 11th- Holiday Parade
MORRO BAY
December 4th- Lighted Boat Parade 6:30pm
CAYUOCOS
December 5th -Christmas Tree Lighting 5:00 pm, corner of Ocean and 5th.
December 10th-Christmas by the Beach Open House 5:30-8:30 pm, Ocean Ave.
CAMBRIA
December 1-23 – Holiday in the Pines
A month long celebration including Festival of the Trees- Dec 1 and Hospitality Night Dec 2.
LYNN BATES, Keith Byrd Team, North Coast Realtor of San Luis Obispo County including Morro Bay, Cayucos, Cambria and Los Osos. 805 458-4409. Lynn@LynnBates.Com
HAPPY THANKSGIVING! MURALS OF MORRO BAY
LYNN BATES, Keith Byrd Team, North Coast Realtor of San Luis Obispo County including Morro Bay, Cayucos, Cambria and Los Osos. 805 458-4409. Lynn@LynnBates.Com
COASTAL COMMISSION
The California Coastal Commission, in partnership with coastal cities and counties, plans and regulates the use of land and water in the coastal zone.
A Costal Permit from either the Coastal Commission or the city/county is generally required for development of land within the coastal zone, with development broadly defined by the Coastal Act to include such activities as construction of buildings, division of land, and activities that change the intensity of use or the public’s access to coastal waters.
In areas such as Cayucos, Avila, Shell Beach and Pismo Beach, the boundary is generally 1000 yards or less inland from the mean high tide line. In areas with significant coastal estuarine habitat, such as Cambria, Morro Bay and Los Osos, the boundary extends to the first major ridgeline or five miles from the mean high tide line, whichever is less.
The Coastal Commission was initially established by voter initiative in 1972 with Proposition 20, and later made permanent through adoption of the California Coastal Act of 1976. In 1978, the California Coastal Program was approved on the federal level by NOAA, National Oceanic & Atmospheric Administration.
LYNN BATES, Keith Byrd Team, North Coast Realtor of San Luis Obispo County including Morro Bay, Cayucos, Cambria and Los Osos. 805 458-4409. Lynn@LynnBates.Com
MORRO BAY & LOS OSOS: A 10+ YEAR OVERVIEW OF SALES ACTIVITY FOR 2000-2010
Morro Bay # Sales Median (‘000’s) CDOM (Days On Market)
2000 226 $260 71
2001 157 $320 61
2002 197 $370 59
2003 182 $430 57
2004 206 $539 66
2005 151 $639 57
2006 118 $616 110
2007 108 $568 134
2008 113 $510 143
2009 119 $480 148
*Oct 2010 105 $433 112
Los Osos # Sales Median (‘000’s) CDOM (Days on Market)
2000 234 $225 46
2001 192 $276 46
2002 247 $325 48
2003 234 $369 52
2004 231 $445 46
2005 218 $507 64
2006 162 $502 108
2007 133 $469 127
2008 106 $423 127
2009 135 $370 121
*Oct 2010 106 $367 100
Based on this data, the median sales prices for Morro Bay & Los Osos are back to the 2003 levels. As seen by CDOM, (cumulative days on the market) , homes take longer to sell now and there are far fewer sales than in the early 2000′s.
LYNN BATES, Keith Byrd Team, North Coast Realtor of San Luis Obispo County including Morro Bay, Cayucos, Cambria and Los Osos. 805 458-4409. Lynn@LynnBates.Com
