The first month of the year flew by and what a crazy month it was! The torrential rains came and we saw flooding in our area that we haven’t seen in over 20 years, if ever. Some of our neighbors experienced devastating losses and we saw our small community pull together and help those in need.
Our Real Estate market on the Central Coast continues to be strong but we are settling back into a pre-COVID market. This is not a bad thing. Our market prior to COVID was a very strong market. The days on market are creeping back into the double digits, the number of homes sold are slightly less than this time last year, but the median home sales price is up from last year. Interest rates are also slowly falling with experts expecting them to get back into the 5’s! All-in-all, we’re shaping up to be a promising year.
Click on the Malik sign to see statistics for Atascadero, Paso Robles and Templeton for the month of January 2023. If you would like to see information on other Central Coast cities, please let us know.
If you are looking to sell your current home or are in the market to purchase a new home, please give our office a call (805)466-2540.