Home Sales & Median Sales Prices in Cayucos, CA

By
Real Estate Agent with Sims & Company

 

Review of Home Sales & Median Sales Prices in Cayucos : 2009 to 2011


 

2009

2010

2011

No. of Sales

31

39

46

Median Sale Prices

$650,000

$580,000

$622,500

Avg. Days on Market

215

228

230

 

Is the real estate market in Cayucos improving?

After an almost 11% decline in 2010, the median sales prices of stick-built single family residences bounced back with about 7% increase in 2011.

At the same time, the number of homes sold improved yearly from 2009; by about 26% in 2010 and about 17% in 2011.  The average number of days taken to sell these homes lengthened from 215 days in 2009, to 228 in 2010 and by two more days in 2011.

Will sales prices continue to improve in 2012?  Traditionally, Cayucos has a low inventory base.  As demand continues to exceed supply, it is possible that sales prices may continue to improve or remain at the same level.

 

 

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Notes:  Condos and mobile homes are not included in the above statistics.

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Info provided as a courtesy by Sherry Sim, Broker/Owner of Sims & Company, offering real estate services in Cayucos, Cambria, Los Osos, Morro Bay, San Luis Obispo & rest of beautiful Central Coast, San Luis Obispo County.

For real estate information, including list of foreclosures and short sales,

please call/text Sherry @ (805) 234-4315 or Email: Sherry@SherrySim.com.

Data culled from local Multiple Listing System (M.L.S.), and deemed reliable at time of posting but not guaranteed. 

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Rainmaker
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Captain Wayne Rowlett
Florida Real Estate School
Rowlett Real Estate School LLC

Good Morning Sherry, thank you for the information.  I hope you have a wonderful day!

March 01, 2012 04:59 AM
Rainer
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Sherry Peckhoon Sim
Broker/Owner, Covering the Beautiful Central Coast
Sims & Company

Thanks for visiting, Captain Wayne. May you have a good weekend too.

March 01, 2012 08:36 PM
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