This weekend was a scorcher! 100 degrees in October?! The weather can’t seem to make its mind up. It’s hard to get into the fall spirit when the weather wants to stay in the 80s to 90s. I’m finally able to admit, I’m ready for some cooler weather. Hopefully we see some soon!
The Real Estate market on the Central Coast also continues to be hot. Looking at the median days on market, days it takes for a home to be put under contract, we are back down to the single digits for most of North San Luis Obispo County for the month of September 2023. The sales price of a home is also up when comparing it to this time last year. Sellers are still enjoying selling their home for close to or slightly below what they originally listed it for. This means the market on the Central Coast is still competitive and not showing signs of letting up.
We are continuing to see the number of active homes on the market increase. This means more inventory for a buyer to consider. Inventory is still historically low when comparing to years past, but the uptick is encouraging for home buyers here on the Central Coast. It is a trend I hope we continue to see.
Here are some statistics for Atascadero, Paso Robles and Templeton for the month of September 2023. If you would like to see information on other Central Coast cities, please let us know.