Wow, it’s June already! The school year is almost at an end for most kids here on the Central Coast. And then it’s time for summer! We here at Malik Real Estate are ready for the warmer weather, longer evenings and fun events to come. Do you have any plans this summer?
Looking at the numbers for May 2024, we see that home prices on the Central Coast appear to be holding steady. The median sales price for Atascadero was $839,000 (+4%), Paso Robles was $675,000 (+1%) and Templeton was $1,568,000 (+5%). However, the number of homes sold in May 2024 compared to May 2023 took a slight dip. Atascadero recorded 29 homes sold (-3%), Paso Robles 47 (-23%) and Templeton 7 (0%).
Another statistic that shows the housing market is holding steady is when we compare the average sale price to the average list price. This is where we compute the percentage a home sold for vs how much it was listed for. Atascadero homes sold, on average, for 100% of the listing price, Paso Robles 99% and Templeton 98%. Those are pretty powerful numbers.
These statistics for May 2024 show our housing market is remaining strong and stable. This should in turn reassure both buyers and sellers that living on the Central Coast is a smart real estate decision.
Here are some statistics for Atascadero, Paso Robles and Templeton for the month of May 2024. If you would like to see information on other Central Coast cities, please let us know.