Regional Home Sales Stabilized in February

Central Coastal Inventories Fell to Five-year Lows

Arroyo Grande, CA – March 14, 2017— February Startseite sales rose slightly from January lows as new listings failed to keep pace with demand and inventories of homes for sale in California’s Central Coastal counties fell to five-year lows.  Supplies in the Ventura region increased marginally from record lows in December as Verkäufer took advantage of higher prices and shorter days on market.

Annualized sales rose only 2.2 percent in the Central Coastal counties, and prices fell 9.3 percent to a regional  median of $399,000.  Homes settled in a total of 90 days, 5.9 percent faster than in January.  In the Ventura region, sales also increased modestly, 2.3 percent above February 2016,  Prices rose 6 percent, to a median sale price of $461,000.

Inventories in both Regionen remained thin as the spring sales season nears.  In the two-counter Central Coastal region, supplies dropped 15.7  percent from a year ago—a five-year low—and new listings fell 3.7 percent from January.  Supplies in the Ventura region improved for the third straight month, but February new listings were still 16.34 percent lower than they were a year ago.

“Conditions for selling a Startseite are ideal right now.  Median prices across our region are 6 to 10 percent higher than they were a year ago, mortgages are still very affordable, homes are selling quickly, and demand is high.  With the spring season just weeks away, owners who are thinking über listing their homes should take advantage of this opportunity,” said Amy Gallagher, corporate broker of record for CENTURY 21 Hometown Realty.

In February, CENTURY 21 Hometown Realty closed on 53 homes for a total sold dollar volume of  $21,814,050.

San Luis Obispo Grafschaft

 Annualized sales in San Luis Obispo County rose only 2.6 percent in February.  For a total sold dollar volume of $115.,564,708. 23.2 percent is fewer than in January. The county’s median sold price rose to $495,000, 2.1 percent higher than a year ago but 1.2 percent lower than January. Homes sold ten percent slower in February, at a median rate of 90 days, the slowest rate since January 2013.

New listings in the county fell 17.5 percent compared to February 2016, and active listings fell to the lowest monthly level in more than five years.  Only 775 homes were listed for sale in the county during February.

In the city of San Luis Obispo, sales fell 47.5 percent from levels of a year ago and 37.6 percent fewer than last month.  Total sold volume reached $13,016,060 for the month.  The city’s median sales price rose to $640,000, an increase of 7.7 percent over January. Homes sold in 81 days, 9.5 percent slower than in January.   New listings increased by 4.9 percent over last February.

In Atascadero, sales rose 22.7 percent over a year ago.  Total sold dollar volume reached $15, 164,746, a 5.4 percent decline from January.  The city’s median sold price reached $397,496, up 6 percent from 2016. Homes sold in 98 days, 3 percent faster than in January.

Lokale Marktdaten und Inserate für Gemeinden im San Luis Obispo County finden Sie unter  Arroyo Grande, Atascadero, Avila Strand, Cambria, Cayucos, Creston, Grover Strand, Los Osos, Morro Bay, Oceano, Paso de Robles, Pismo Strand, San Luis Obispo, Santa Margarita, San Miguel, San Simeon, Santa Ynez, Shandon, und Templeton.

Santa Barbara Grafschaft

Santa Barbara County saw closed sales rise 14 percent over 2016 and 6.9  percent over January, reaching a total sold dollar volume of $45,453,774 for the month.  Prices rose to a median price of $338,250, a 3.9 percent decrease from last year and the first year over year price decline since December 2014.  Homes took 79 days to sell in February, 23.3 percent faster than a year ago but 1.3 percent slower than in January. Total listings declined 14.9 percent from February 2016, and new listings trailed last year’s pace by 18.5 percent.

In Santa Maria, annualized closed sales fell to 16.1 percent from a year ago, and monthly sales fell 31.4 percent from January.  Prices fell 10 percent from 2016, and 9.9 percent from January to a median price of $283,172.  Listings fell 22.8 percent from a year ago, and new listings declined 20 percent.

Lokale Marktdaten und Inserate für die Gemeinden des Santa Barbara County finden Sie unter  Ballard, Guadalupe, Lompoc, Los Alamos, Los Olivos, und Solvang.

 February Startseite Sales, Ventura County (red), San Luis Obispo County (purple) and Santa Barbara County (blue)

Ventura Grafschaft

January sales in Ventura County fell 6.4 percent over sales a year ago, the lowest level since February 2014, and reached a total sold dollar volume of $295,653,799 for the month.  The county’s median price reached $537,000, 7.4 percent over January 2016 and 3.3 percent higher than January.   In February, homes settled in a median of 72 days, 17.2 percent faster than a year ago and 4  percent slower than in January.  Inventories of homes for sale in the county declined 11.4 percent from last February, and new listings fell 10.6 percent below levels of a year ago.

In Ventura city, closed sales fell 2.8 percent from last February, and total sold dollar volume reached $41,755,175 for the month.  Prices fell rose 8.2 percent from last year and 10.4 percent over January, to reach a median of $530,000. Homes settled in 65 days, 23.4 percent faster than a year ago and 8.5 percent are longer than in January.

Local market data and listings in Ventura County communities are available at  Agoura Hills, Camarillo, Sherwood-See, Moorpark, Newbury Park, Nipomo, Eichenblick, Ojai, Port Hueneme, Santa Maria, Santa Paula, Simi-Tal, Thousand Oaks und Westlake Dorf.

 CENTURY 21 Hometown Realty hat für seine Marktanalyse im Februar auf Daten des Central Coast Regional Multiple Listing Service und des Ventura County Regional Data Share zurückgegriffen.

February Startseite Prices, Ventura County (blue), San Luis Obispo County (red) and Santa Barbara County (purple)

Über Century 21 Hometown Realty

CENTURY 21 Hometown Realty ist das führende Immobilienunternehmen an der Zentralküste. Seit 1947 unterstützt es die Bedürfnisse von Startseite Verkäufer und Käufer throughout California’s Central Coast region with 19 branch locations in San Luis Obispo, Santa Barbara, and Ventura Counties. Our Büros decken die kalifornische Küste von Paso Robles im Norden bis Camarillo im Süden ab.

Wir bieten spezielle Dienstleistungen an, darunter Luxusimmobilien, Landwirtschafts- und Ranch-Immobilien, Weingüter, Meeresfront-Immobilien, Gewerbeimmobilien und Wohnimmobilien. Unser Agenten have a keen focus on these areas and multilingual and generational expertise. Visit our website at C21Home.com  um unsere Angebote in Kalifornien und die Standorte unserer Büros zu sehen.

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