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MARKET SNAPSHOT FOR SAN LUIS OBISPO AND AVILA BEACH

MARKET UPDATE

FOR SALES ACTIVITY FROM JANUARY -SEPTEMBER 

FOR SAN LUIS OBISPO AND AVILA BEACH 

(YTD = Year to date)      

SAN LUIS OBISPO

Active:  189  

YTD Sold/(Sept):  276(27)

YTD Median Price of  Solds:  SFR’s:  $550,000      Condo’s/PUD’s :   $327,000

YTD #REO’s (Bank Owned) Sold:  40

YTD #Short Sales Sold:  26

AVILA BEACH

Active:  17

YTD Sold/(Sept): 17(0)

YTD Median Price of Solds:  $697,000

YTD #REO’s (Bank Owned) Sold:  5

YTD #Short Sales Sold:  0

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:

San Luis Obispo:  34 of the 189 currently available.

Avila Beach- 2 of the 17 currently available.

Written by Keith Byrd - Go to Keith's Website/Profile