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Some homeowners are being serious about selling their home in todays market and doing some significant price drops to try to bring a buyer. Here are some examples over the last few days:

– An Arroyo Grande home dropped from 527K to 499K (Days on Market = 57)
– An Arroyo Grande home dropped from 762K to 728K (DOM=33)
– A Los Osos home dropped from 818K to 749K (DOM=307)
– A Paso Robles home dropped from 395K to 325K (DOM=95)

But, there are still some that are doing price drops that won’t mean anything. I doubt that the home brochures for these homes have the price printed on them since it would be a pain to print up new brochures for such an insignificant price drop.

– An Avila Beach home dropped from $1,000,000 to $999,950 (DOM=447)
(actually this one may make a difference by being under $1M because of the way people search for homes. I would never price a home at exactly $1M.)
– A Paso Robles home dropped from 462K to 461K (DOM=138)
– A Paso Robles home dropped from 569K to 567K (DOM=288)
– A Paso Robles home dropped from $699K to $695K (DOM=94)
– A Templeton home dropped from 1,045,000 to 1,040,000 (DOM=55)

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