Welcome to 2025! What a year 2024 was! 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.
Malik Real Estate had a strong year and finished with 48 total transactions and over $32 million in total sales! Making them the top, independently owned Real Estate agency for Atascadero. Jaime Silveira, owner/broker, has once again earned the title of #1 listing agent for Atascadero. She helped more Atascadero homeowners sell their homes than any other Realtor.
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 increased from this time last year, but the median sales price went down. For both Paso Robles and Templeton, the number of homes sold decreased but the median sales price went up a bit. 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 at or slightly below the list price.
Supply and demand will continue to play a role in the sales forecast for 2025. An increase in inventory is starting to give buyers more options when purchasing a home. Interest rates are projected to go down, giving buyers more buying opportunity. So, whether you are a buyer or seller, it’s a strong market on the Central Coast.
Here are some statistics for Atascadero, Paso Robles and Templeton for the month of December 2024. If you would like to see information on other Central Coast cities, please let us know.