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Trends and Relatively Current Housing Activity

Figures for the City of San Luis Obispo are
only for those sales which have gone through
the Central Coast Multiple Listing Service.

QUARTERLY SUMMARIES AVAILABLE FOR 2008 & 2009

Trends & Relatively Current Housing Activity - San Luis Obispo and Nationally
Updated February 07, 2010

A LOOK AT HOUSING NATIONALLY

  

CITY OF SAN LUIS OBISPO, CA (SAN LUIS OBISPO COUNTY)

REAL ESTATE ANNUAL SUMMARIES
 2000 TO 2009

YEAR 2000
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
Single Family 368 315,000 244,224 97.8 70
Condo 202 207,725 203,999 99.2 93

YEAR 2001
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
Single Family 340 384,450 401,210 97.8 78
Condo 163 242,000 248,578 98.8 69

YEAR 2002
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
Single Family 344 429,500 465,585 98.1 55
Condo 157 305,000 313,839 99 34

YEAR 2003
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
Single Family 347 495,000 529,033 98.0 42
Condo 165 331,700 336,054 99.0 42

YEAR 2004
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
Single Family 313 590,000 630,059 98.0 44
Condo 170 368,500 380,057 99.0 33

YEAR 2005
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
Single Family 414 655,000 733,168 97.4 60
Condo 122 415,250 430,071 99.3 29
 

YEAR 2006
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
Single Family 323 679,000 802,471 95.85 70
Condo 78 459,500 460,650 98.21 65
 

YEAR 2007
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
Single Family 313 643,500 738,208 95.41 83
Condo 126 400,500 460,650 97.78 81
 

YEAR 2008
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
Single Family 237 611,500 690,538 94.17 90
Condo 76 380,000 399,251 98.21 76
 

REAL ESTATE QUARTERLY SUMMARIES
 2008 TO PRESENT

 

YEAR 2008

FIRST QUARTER 2008
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
 Single Family 38 598,500 703,925 95.11 104
 Condo 19 380,000 396,008 98.23 65
         

SECOND QUARTER 2008
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
 Single Family 94 639,500 725,758 94.75 92
 Condo 30 365,000 383,630 99.04 62
         

THIRD QUARTER 2008
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
 Single Family 71 575,000 634,229 95.10 88
 Condo 18 376,700 375,806 97.90 77
         

FOURTH QUARTER 2008
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
 Single Family 53 600,000 713,408 92.17 80
 Condo 17 435,000 450,047 97.78 101
         


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YEAR 2009

FIRST QUARTER 2009
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
 Single Family 37 585,000 614,531 94.49 100
 Condo 5 390,000 372,980 96.15 105
         
SECOND QUARTER 2009
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
 Single Family 67 565 603,835 95.23 86
 Condo 25 314,9 331,073 97.13 142
         
THIRD QUARTER 2009
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
 Single Family 79 518.50 561,931 95.92 77
 Condo 19 327,000 337,526 94.39 98
         
FOURTH QUARTER 2009
CATEGORY # SOLD MEDIAN
SALE PRICE		 AVERAGE
SALE PRICE		 % OF LIST PRICE AV. DAYS
ON MARKET
 Single Family 53 575,000 732,676 95 93
 Condo 18 307,500 322,383 97 41
         

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A LOOK AT HOUSING NATIONALLY
  1950 1970 1990 2000 ANTICIPATED 2010
Living Area
(average sq.ft.)		 983 1,500 2,080 2,265 2,200+
No. of Bedrooms 2 (66%) 3 (63%) 3 (57%) 3 (53%) 3+
  3 (33%) 4 (24%) 4 (24%) 4 (35%)  
No. of Bathrooms 1 (96%) 1 (52%) 2 (42%) 2 (38%) 3
    2 (32%) 2.5+ (45%) 2.5+ (56%)  
Garage(s) none (53%) none (25%) none (16%) none (11%) 2 or more
  1-car (41%) 1-car (22%) 1-car (10%) 1-car (7%)  
    2-car (39%) 2-car (72%) 2-car (65%)  
        3+car (17%)  
Price
    Median   $23,400 $122,900 $168,500  
    Average $11,000 $26,600 $149,800 $205,700  

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Landmark Company
265 South St., Suite F, San Luis Obispo, CA 93401
P.O. Box 1796, San Luis Obispo, CA 93406
Tel: (805) 544-7000; Toll Free: (888) 411-7651; Fax: (805) 544-9423
E-mail: Info@landmarkcompany.net
Beverly James, Broker

Landmark Company (.net)
Serving the needs of San Luis Obispo Real Estate - San Luis Obispo, CA