Blog

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

First Half of 2021 Statistics It is now the 2nd day of July 2021 and the real estate market in Northern SLO county is at a very fast clip. With one of the lightest amount of inventory of properties for sale I have ever seen in my 40+ years of selling real estate here, buyers… Read More

A very different year in real estate, to say the least….and ….I also finished my 40th year in real estate sales here at the end of December.     Closed escrows were down 12%  in the 4th quarter vs.  the the 3rd quarter.   This is normal as sales usually start to fall off in… Read More