It’s 2024 and we hope that this New Year finds you and your family happy and healthy. The holidays are behind us and it’s time to make those New Year’s resolutions. Have you made yours? Are you sticking to it? Well, Malik Real Estate is going to continue to update you on what is happening in the Real Estate market here on the Central Coast.
The numbers are in for December and they line up with what we typically see this time of year. For Atascadero the number of homes sold went down from this time last year, but the median sales price went up. For both Paso Robles and Templeton, the number of homes sold went up pretty significantly and the median sales price went up slightly. However, all three cities continue to see home prices remaining strong. When comparing the average sales price to the average list price, homes are closing slightly below the list price.
Something interesting to note is the large increase in the median days on market for Templeton. Out of the six homes that sold, five of them were on the market in the double digits, skewing the number upwards. Paso Robles also saw a rise in the median days on market while Atascadero’s went down. These numbers are still historically low when comparing to pre-Covid numbers and I anticipate as Spring comes around, the numbers will again lower.
Here are some statistics for Atascadero, Paso Robles and Templeton for the month of December 2023. If you would like to see information on other Central Coast cities, please let us know.