Posted on 03/24/2006 7:05:10 PM PST by Porterville
County median home price reaches $604,000 San Luis Obispo Countys median home price inched past the $600,000 mark last month, reaching $604,170, according to data released by the California Association of Realtors. This was a 2 percent gain from January and a 21.7 percent gain from February 2005, when the median price was $496,430.
Februarys median was still lower than the record set in November 2005 of $605,160.
The county saw an 8.1 percent increase in the number of sales of single-family detached homes compared with February of last year. During the same period, the median price of an existing home statewide increased 13.7 percent as the number of sales decreased 15.5 percent.
"As expected, year-over-year sales continued to decline from the robust levels of a year ago," said Vince Malta, association president.
Statewide, there is an unsold inventory estimated at 6.7 months. In San Luis Obispo County, unsold inventory was 7.6 months in February. That compares with 5.6 months in February 2005.
The California Association of Realtors bases its figures and projections on the reported closed escrow sales of single-family detached homes (no condominiums) provided by member associations. Jeanne Kinney
Fixer uppers is the way to go. Must be in the right location though.
Still workin' on that Big Guy! Hey, we ordered a new shape... for details- www.usflagballoon.com and click on the new shape announcement!
Not my idea.... you know who.... commissioned this one...
You are WELCOME WITH OPEN ARMS ANYTIME! No silly invite needed!
I jog here
You want blue collar shop in Pixley.
I dont see the alure of Cali
You haven't been to San Diego recently.
We also have the largest concentration of military in the world here with the Navy and Marines.
Was this $2.00 house on Boardwalk or Park Place? I'm assuming you are talking Monopoly money here (heh heh).
On the invite thing.... We are nowhere near your pay grade, but can definitely make you feel at home... Just don't break my glass... :-)
So do I. :)
But I have to live in the city (Los Angeles in my case) to make the $$$ to pay the sky-high mortgage.
Back at ya ROL. What's up? Been a long time since the "Ding Dong..." thread...heheh. Lot of water under that bridge but is WAS the start of the disintegration of FR activism...as you know.
I'm an old fashioned guy....
There were people flipping houses in Florida last year for 20,000 bucks a pop. LOL. The last man to buy...
Pay grade? I'm on an allowance after what I got to put in monthly to save the republic.
A futon with non vintage port is my speed these days.
"Just don't break my glass... :-)"
I'm like a gazelle...
20K a pop? must have been a slum area...
Anyone who commutes from Riverside or San Bernardino to LA is INSANE! Besides, from what I hear, South Central LA has moved to the Inland Empire.
It has...must move to San Diego.
I'm not surprised. I know people have flipped them in the Cleveland area for about that and Florida seems like it'd be a better area for that.
Are you into real estate?
Thousands communte a day here in San Diego via the Coaster trains which ends at the amtrack station downtown.
S.D. being the size of the State of Conn.
Also our several routes of electric train systems.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.