The local market statistics are updated with last month’s sold data and now available on my site.
Homes just listed in March have been selling quickly and we're starting to see some multiple offer situations with buyers competing for homes. There were 343 single family homes listed for sale in San Luis Obispo County during March, 114 of those have already accepted an offer as of April 4. That's 33.2% of listed homes sold the same month they hit the market. 41.7% of the homes that Patterson Realty listed for sale in SLO County in March have already accepted an offer - and all of those were in less than 19 days! Our pricing committee helps sellers to price their home to receive maximum interest in the first few days on the market.
If you're looking to buy soon, the best thing that you can do is get pre-approved by a local lender. That way you can be prepared to write an offer quickly and provide the seller with confidence that you will be able to successfully complete the purchase.
I'm proud to be your resource for market insights here on the Coast. If you're ever looking for additional information not provided here please reach out to me any time. And remember, I'm never too busy for your referrals!