Monthly Market Report for February 2025

2025 is off and running but according to Punxsutawney Phil, spring isn’t coming anytime soon. Although I don’t think the trees and plants got the memo. They’re already starting to bloom due to the little bit of rain we’ve received recently.

We are so excited to announce that we were voted Best Real Estate agency for the Best of North SLO County Readers Poll! That makes 12 years in a row!!! 

Plus, our owner/broker Jaime Silveira was voted Best Real Estate Agent! 

We want to say thank you to our wonderful community for taking the time to vote us best real estate agency and real estate agent. We are incredibly honored by the award. It means a lot to us here at Malik Real Estate Group. 

Time to look at the numbers for Atascadero, Templeton and Paso Robles. The number of homes sold went down in Atascadero (-17%) and Templeton (-50%) in February 2025 when compared to February 2024 but went up in Paso Robles (+18%). However, the median sales price increased in Atascadero (+4%) and Templeton (+40%) but decreased in Paso Robles (-4%). When comparing the average sales price to the average list price, both Atascadero and Templeton were at 99% while Paso Robles was at 97%. That means homeowners, on average, were able to sell their homes for between 97% - 99% of the asking price. We continue to see these high comparison rates month after month, indicating that the Central Coast’s home market is still very desirable.

Spring is right around the corner and data shows us that it’s a popular time of year to list a home for sale. According to Realtor.com, home sellers who list during the second week of April will be able to take advantage of the spring buying season’s anticipated demand and all the pluses that come along with having an eager buyer pool. So, if you’re interested in selling your home this year, start getting it ready to hit the market now. This way you’ll be able to take advantage of the year’s strongest listing period.

Here are some statistics for Atascadero, Paso Robles and Templeton for the month of February 2025.  If you would like to see information on other Central Coast cities, please let me know. Feel free visit us at www.MalikRealEstate.com for a city-by-city view of local listings as well as more useful real estate information.