Cayucos Real Estate Market Conditions & Reports, Cayucos Market Trends, California

Market Commentary Provided by Nick Hall
If you can qualify, now is an exceptional time to buy a home in Cayucos. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 805-458-4544

Report Date

Winter 2010

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CONNECT WITH A LOCAL PROFESSIONAL

Nick Hall
Scenic Coast Realty, Inc.
Cayucos, California
805-458-4544
NickHall@ColdwellBanker.com
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Nearest Metro Area

San Luis Obispo, CA

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

90-120 days

Market Trend

No Change

Housing Inventory

Good supply - Some Prices

Average Home Price

$850,000 - View Graph Trend

Best Selling Price Range

$800,000 - $849,000

Worst Selling Price Range

$1,000,000+

Compared to Last Year

Up 0-5%

Prices As % of Asking Price

90-95%

Multiple Offers?

Greatest Activity

Investors

Buyer Activity for the past 90 days in Cayucos is

Increasing

Seller Activity for the past 90 days in Cayucos is

Increasing

Is Financing Available For Qualified Buyers in Cayucos?

Yes

Existing Home Prices for the past 90 days are

No Change

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

5-10%

Housing Hot Spots

Most cities within the San Luis Obispo County area are considered 'Housing Hotspots'

Reason to Buy/Sell

Good economic news

Average Sold Price

$850,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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