The market continues to shift toward more inventory and more choices for buyers. Atascadero had 19 homes sell, down 41% from last year, with a median sales price of $820,000, up 2%. Paso Robles had 47 sales, up 18%, with a median of $800,000, down 2%. Templeton saw 10 sales, up 25%, with a median sales price of $1,057,500, up 5%. Homes are still selling relatively quickly, with average days on market at 21 in Atascadero, 29 in Paso Robles and 16 in Templeton. For buyers, more inventory means more homes to choose from and potentially more negotiating power. For sellers, increased competition may mean being a little more patient, pricing strategically and being willing to negotiate. Overall, the market is becoming more balanced, giving buyers more options while sellers need to pay close attention to pricing and competition.
