Sherry's Viewpoints

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Real Estate Agent - Sims & Company
Cayucos real estate, San Luis Obispo, Morro Bay, Cambria, Los Osos, Pismo Beach, Arroyo Grande, Atascadero, listings, sales, homes for sale, market conditions, community info, real estate news, San Luis Obispo county, California

ARCHIVED BLOG POSTS

2010 

        As of October 15, home sales in Cayucos have not been encouraging.  We closed with 35 sales that included sales of all single family properties in Cayucos.  The strongest two months were June and August; each showing six homes sold.                Over the first nine months, the median sa...
10/31/2010
               Where are prices headed in Cayucos? It's a million-dollar question for 2010 and the following years.          A study of the home sales for the past five years show that prices are still heading down ~ see chart below:-        The median sales price began at $880,000 in 2005, a...
10/31/2010
With the exception of home sales, a review of the home sales from 2005 to 2009 in Morro Bay reveals a slow down in median sale prices and decline in yield to sellers.  The issues are compounded by the length of time needed to sell a home in Morro Bay today.                        As shown in the ...
10/31/2010
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        Have you ever viewed the artwork that beautify the walls around the town of Cayucos?         According to the Cayucos Mural Society's Mural Tour Map (as reproduced below), there are nine prominent murals for our enjoyment.                   My personal favorites are the following four...
10/31/2010
  Since 2005, the median sale price on sales of single-family residences in Los Osos, CA has been decreasing; starting at $482,325 five years ago, and ending at $354,305 in 2009.  This reflects a cumulative drop of 30% over the five-year period.  The lower median sale price is attributed to sales...
10/31/2010
             The above table provides some insight on how homes sales and prices fared in the first nine months in Los Osos.  A total of 127 single-family residences sold, with the highest closing of 19 sales in September.            Interestingly, the length of time - DOM or Days on Market - nee...
10/31/2010
       Are more homeowners facing foreclosure in San Luis Obispo (SLO) County?       Between September 15, 2010 and to date, data from local tax records shows a decline in the number of notices-of-defaults (NODs) received by homeowners in SLO County. The lowest number of NODs are received by home...
10/31/2010
  What you say, may impact stock prices, job growth and even the housing market.The Conference Board, a non-profit business organization, conducts a survey every month.  Five questions are posted to about 5,000 U.S. households to gauge their views on the overall health of the U.S. economy, job gr...
10/31/2010
  Like the rest of San Luis Obispo County, home sale prices in Cambria has been declining steadily since 2006.  The median sale price dropped from $705,000 in 2006 to a  low level of $515,000 last year.  Sellers were impacted as the sales prices also decreased in proportion to their asking prices...
10/31/2010
  A review of the home sales and sale prices in San Luis Obispo revealed that prices began to decline in 2006, from the median sales price of $615,000 to $455,000 in 2009. During the same period, with the exception of 2007, the number of homes sold also declined every year.    The chart above als...
10/31/2010
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Sherry Peckhoon Sim

Broker/Owner, Covering the Beautiful Central Coast
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