July 2013 Market Watch for North San Luis Obispo County and Monterey County

July 2013 Market Watch for North San Luis Obispo County and Monterey County

North San Luis Obispo County Active Listings: There are a total of 1,314 properties actively on the market with an average list price of $691,989.


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North San Luis Obispo County Sale Pending/Sold: There are currently 491 properties with sales pending and 1,445 properties that closed in the past 6 months. The average sold price is $404,634 and the average time on market is 88 days.

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North San Luis Obispo County Absorption Rate/Supply: The current month supply of homes on the market is defined as the ratio of the current inventory of active listings compared to sales. In other words, given recent sales activity, one can estimate how long it would take for the entire inventory of active listings to sell, assuming no new listings were to appear on the market. At the present time it will take about eight months to sell all of the current active listings, without adding any new homes for sale.

Monterey County Active Listings: There are a total of 1,022 properties actively on the market with an average list price of $1,568,702.

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Monterey County Sale Pending/Sold: There are currently 663 properties with sales pending and 1,694 properties that closed in the past 6 months. The average sold price is $564,418 and the average time on market is 79 days.

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Monterey County Absorption Rate/Supply: The current month supply of homes on the market is defined as the ratio of the current inventory of active listings compared to sales. In other words, given recent sales activity, one can estimate how long it would take for the entire inventory of active listings to sell, assuming no new listings were to appear on the market. At the present time it will take about three months to sell all of the current active listings, without adding any new homes for sale.

If you are thinking of buying a home on Lake Nacimiento and would like to set up a time to see the available homes in Oak Shores; please let me know! I would be happy to show you around these homes with stunning views, as well as taking time to show you around the wonderful Oak Shores community! Thinking of selling your home in Oak Shores? I’d love to hear from you too! As you can see, the home selling process, although intimidating at first, can be a smooth and rewarding process. Please contact me today with any questions you may have or to get started! I look forward to hearing from you!

Grace Borzini

Your Oak Shores Real Estate Expert

Oak Shores Realty

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Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.

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