Blog

Sales of all property types were up 24 % in the second quarter over the first quarter of this year and up 10% over the second quarter of 2023.   Properties in escrow are down 30% from the  1st quarter and down 44% from the 2nd quarter in 2023.    Active unsold listings are up… Read More

CURRENT NORTH COUNTY REAL ESTATE STATISTICS AS OF April 1st 2024 Sales of all North County real estate types were down 3% in  the first quarter of 2024 from the last quarter of 2023  from  but up 7% from the same time a year ago.   Properties in escrow (Pending Sales) are up 16% from last… Read More

It was a challenging and different year for the North County real estate market in 2023.   Much higher interest rates resulted in less closed escrows by years end.    However,  fewer properties  on the market meant that prices did not drop in any meaningful way at all.  However it did slow down the price… Read More

Closed Escrows in Northern San Luis Obispo County  for the third quarter of 2023 were a little better than they were in the second quarter with sales rising 7% in the third over the second.     They are 11% down from the same time in 2022.    Pending Sales (properties in escrow) are down… Read More

So here is what has been happening so far this year in our local real estate market: So for the first 1/2 of 2023 sales were down 29%  compared to  the first 1/2 of 2022.     However the second quarter of this year is up 30 % over the first quarter.   Properties in… Read More

Total numbers of sales of all property types were down 13% in the first quarter of this year vs. the last quarter of 2022.   Rising interest rates had a lot to do with that as well as stormy weather also.      However properties in escrow and under contract are up a whopping 55%… Read More

This was a very different year in Northern SLO County Real Estate from the last few before it.    Volume of sales dropped throughout the year against 2021 numbers.   In the 4th quarter sales dropped 14% against the 4th quarter of 2021 .   Properties in escrow at the end of the year were… Read More

So, we have another quarter that shows the market cooling as is the case across the USA. That is shown as closed escrows on all property types are down 11% from the end of the second quarter and down 25% when compared against the 3rd quarter of 2021. Properties in escrow were down 36% at… Read More

The first 1/2 of this year has seen a slow down in activity from last year. Closed escrows at the end of the first 1/2 of 2022 were down 22% from the second 1/2 of 2021 and down 16% compared to the same time last year at the end of the 1st 1/2 of 2021.… Read More

2021 Years End Statistics A very active year in north county real estate, to say the least….and ….another record year for sales in this area at the end of my 41st year in real estate. Sales in 2021 were 11% higher than in 2020. Properties in escrow are 2% higher than they were at the… Read More