The local market statistics are updated with last month’s sold data and now available on my site.
The chart below looks at the median home price of single family homes sold in San Luis Obispo County. The first gray column features median home prices starting in 1995. The blue column to the right is the median home price of homes sold 10 years later. For example, the first gray column is 1995 data and the first blue column next to it is 2005 data. The red line calculates the percentage change over the 10 years. With the exception of 2004-2006, homes always increased in value after 10 years. Homes bought between 2004-2006 have increased in value as of 2018. As you'll see, in some cases the return on investment after 10 years has been very high!
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!