Malik Real Estate Blog

You’ll find our blog to be a wealth of information covering everything from market statistics and home values to useful tips for home buying and selling. We may drop in some local information as well. We do this because we care about our community and want to help you find your place in it. Please reach out if you have any questions. We’d love to talk with you!

 

Sept. 14, 2023

Just Sold! 69 Via San Carlos, Paso Robles

 

Just Sold! 69 Via San Carlos, Paso Robles

Congratulations Ashley and Trudy on representing both the buyer and seller on this manufactured home in Paso Robles. The sellers are family friends that are moving out of state to be closer to their family. They did a beautiful job remodeling this manufactured home which helped it to sell in just 8 days! The buyers are old friends and everything came together perfectly! Ashley and Trudy were able to help both their buyers and sellers feel confident with the sale and purchase of their home. It's always an honor when friends seek you out to represent them in the sale or purchase of a home.

Sept. 14, 2023

Just Sold! 7880 Yesal Ave, Atascadero

Congratulations Jaime on representing the sellers of this home in Atascadero. These wonderful clients are off to a new chapter in their life and we wish them the best!

Sept. 7, 2023

Monthly Market Report for August 2023

School is back in session and it feels like life is getting back to normal.  The weather is starting to cool (ever so slightly) and fall sports have begun.  Looks like Sundays will once again be filled with football. 

Our market on the Central Coast continues to be competitive. The average days on market is still hovering in the low teens for most cities in North San Luis Obispo County.  This number can rise slightly if a property spends an extended period of time on the market before it finally closes; generally this is a higher value property because they tend to take longer to sell.  However, the low number of days on market shows once again that the housing market of the Central Coast is still very desirable.  

When comparing the average sales price to the average list price, homes are closing at or slightly below the list price.  This continues to be the trend proving home prices are remaining strong.  The other interesting data worth mentioning is the number of active homes on the market.  We are seeing an increase in the number of homes available on the market each month.  Inventory is still historically low when comparing to years past, but the uptick is encouraging for home buyers here on the Central Coast.

Here are some statistics for Atascadero, Paso Robles and Templeton for the month of August 2023.  If you would like to see information on other Central Coast cities, please let us know.

Aug. 28, 2023

Why You Need a True Expert in Today’s Housing Market

The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side.

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Aug. 24, 2023

Just Sold! 840 Rosebay Way, Templeton

CONGRATULATIONS Ashley and Trudy on representing the buyers of this home in Templeton! When these clients were ready to move back to the area they didn't hesitate to reach out to Ashley and Trudy. The clients looked for over a year and knew from the second they walked into this home that this was the one for them. The clients are over the moon they were able to purchase the perfect home for their family, and bonus it has a pool!

Aug. 18, 2023

Equity Is a Game Changer for Homeowners Looking To Sell

 

 

If you’re a homeowner, you might be torn on whether or not to sell your house right now.

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Aug. 15, 2023

Just Sold! 14088 Listowel Pl, Atascadero

Congratulations Baxter on representing the buyers of this property in Atascadero.  After working with these clients for over 2 years, showing and hiking around many different properties and writing several offers; Baxter was able to help his buyers purchase their dream property.  They wanted property with views and privacy and boy did this one deliver!  Baxter was even able to help guide his clients through geotechnical testing of the property.  The buyers are thrilled to start building their dream home and we hope they send us pictures!

Aug. 10, 2023

Monthly Market Report for July 2023

 

For some of us, summer is coming to a close.  Kids will be heading back to school over the next couple weeks and we can all start to get back to a more normal routine.

Comparing the numbers this month to the same month last year we are seeing a slight decline across the board.  The number of homes sold, the median sales price and average sales price are all a bit lower than this time last year. Now, this could just mean that last July there were several high priced properties that sold or it could be that our market is starting to level out. We’ll have to continue to monitor the numbers in the following months to see which way the evidence leans.

If we look at the data since the beginning of the year, we see that home prices continue to steadily rise.  Each month we can compare the average sales price to the average list price. We continue to see that month after month homes in North San Luis Obispo County are closing very close, if not a little above, their asking price. This indicates that not only is the market strong on the Central Coast but it’s still a good time to sell your home. Buyers can also be reassured that the homes they are purchasing today are retaining their value.

Here are some statistics for Atascadero, Paso Robles and Templeton for the month of July 2023.  If you would like to see information on other Central Coast cities, please let us know.

 

 

Aug. 10, 2023

Sellers: Don’t Let These Two Things Hold You Back

Sellers: Don’t Let These Two Things Hold You Back

 

Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Let’s dive into each challenge and give you some helpful advice on how to overcome these obstacles.

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July 26, 2023

Just Sold! 7305 Pinal Ave, Atascadero

Just Sold! 7305 Pinal Ave, Atascadero

Congratulations Jaime on representing the sellers of this home in Atascadero. This sale had a lot of moving parts and the sellers were extremely thankful for Jaime's patience and expertise to help guide them to the successful sale of their family home. The sellers were also very excited that the home sold in 2 days, received multiple offers and closed for above asking price!