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Interested in finding out what your Los Osos home is currently worth? If so,
click for a Free/No Obligation Market Analysis of your Los Osos home.
In the meantime, here are the latest year-to-date sales numbers, averages prices, and number of days homes in Los Osos are currently spending on the market (as of 1/1/10):
Area Total Sales Average Sales Price Market Time
Los Osos 5 375,000 91
Stats are for single family homes and are derived from the Central Coast Multiple Listing Service and are subject to change & copyright law. Copyright 2010.
Click to Visit My Website at SLOhomes4sale.com to view all current Los Osos listings!

"Mr. Statistics" Paul Pickering
Broker Associate, Bay Osos Brokers
CA DRE License #0997005
SEARCH ENGINE KEYWORDS
LOS OSOS HOME PRICES
LOS OSOS HOME VALUES
LOS OSOS HOMES FOR SALE
LOS OSOS HOME SEARCH
LOS OSOS HOMES
LOS OSOS MARKET ANALYSIS
LOS OSOS CONDOS FOR SALE
LOS OSOS REAL ESTATE FOR SALE
LOS OSOS REALTORS
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According to a recent survey from Foreclosure Radar, a leading web-based research firm that monitors foreclosures in California, the number of foreclosures in California decreased in December '09 as compared to December '08.
When comparing SLO County to other counties with in the state, however, the number of foreclosures actually went up when comparing December '08 with '09.
However, when comparing the volume of foreclosures in San Luis Obispo County with other counties within the state, SLO County barely registers. This, in large part, can be credited to the county's geographic location, but most importantly, to its ridged control over growth.
If an educated conclusion can be drawn from this industry survey, volume should be used as the most import factor as it applies to evaluating the overall health of one particular real estate market. It's also reassuring to know that cities like Los Osos, and SLO County in general, seem to be weathering the foreclosure storm a lot better than many other areas within the state.
Click to View Foreclosure Radar's Survey
Click to View my Website at SLOhomes4sale.com
Click to View my Article: "Shortsales vs. REOs: which is best?
Click to Send Me an Email

"Mr. Statistics" Paul Pickering
Broker Associate, Bay Osos Brokers
CA DRE License #0997005
SEARCH ENGINE KEYWORDS
MORRO BAY HOME PRICES
MORRO BAY HOME VALUES
MORRO BAY HOMES FOR SALE
MORRO BAY HOME SEARCH
MORRO BAY HOMES
MORRO BAY ANALYSIS
MORRO BAY FORECLOSURES
MORRO BAY BANK OWNED HOMES
MORRO BAY CONDOS FOR SALE
MORRO BAY REAL ESTATE FOR SALE
MORRO BAY REAL ESTATE AGENTS
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1. "Over Pricing Your Property:" Always be sure to look at my local area statistics so you can stay on top of what's happening in your area of the Central Coast.
Click to View my "Local Los Osos Home Sales Statistics."
2. "Not Looking for Good Deals:" I have access to virtually all bank-owned homes (REOs) on the Central Coast. Call me and I'll put an REO specific property search together for you!
Or, Click to Search the Central Coast MLS for Homes and Land.
3. "Purchasing a Cheap Foreclosure:" While foreclosures can offer homebuyers big discounts, these homes sometimes come with a great deal of deferred maintenance in the form of repairs requiring thousands to correct.
4. "Not Using the Government's Home-buying Tax Credits:" Specifically, $6,500 for "move-up" buyers and $8,000 for first-time buyers.
5. "Avoid Short Sales:" Don't get involved with these unless there's only one recorded trust deed. If price really matters, concentrate on REOs (bank-owned homes); this is where the real bargains are in today's market.
Click to View my Article: "REOs vs. Short Sales, which is best?
Click for a Free/No Obligation Market Analysis of your Los Osos home
Click to Visit My Website at SLOhomes4sale.com

Paul Pickering
Broker Associate, Bay Osos Brokers
CA DRE License #0997005
SEARCH ENGINE KEYWORDS
LOS OSOS HOME PRICES
LOS OSOS HOME VALUES
LOS OSOS HOMES FOR SALE
LOS OSOS HOME SEARCH
LOS OSOS HOMES
LOS OSOS MARKET ANALYSIS
LOS OSOS CONDOS FOR SALE
LOS OSOS REAL ESTATE FOR SALE
LOS OSOS REALTORS
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Interested in finding out what your Los Osos home is currently worth? If so,
click for a Free/No Obligation Market Analysis of your Los Osos home.
In the meantime, here are the latest sales numbers, averages prices, and number of days homes are currently spending on the market in your Central Coast Area!
|
Area |
Total Sales |
Average Sales Price |
Market Time (days) |
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Cambria |
93 |
729,000 |
128 |
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Cayucos |
26 |
773,000 |
114 |
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Morro Bay |
96 |
574,000 |
137 |
|
Los Osos |
113 |
436,000 |
97 |
|
San Luis Obispo |
194 |
618,000 |
90 |
|
Pismo Beach |
62 |
815,000 |
117 |
|
Arroyo Grande |
200 |
554,000 |
102 |
|
Grover Beach |
83 |
347,000 |
95 |
|
Oceano |
29 |
307,000 |
97 |
|
Nipomo |
182 |
424,000 |
94 |
|
Atascadero |
246 |
404,000 |
91 |
|
Paso Robles* |
314 |
323,000 |
94 |
|
Templeton |
86 |
689,000 |
136 |
All stats are for single family homes. *Stats for Paso Robles include those within city limits only.All stats are derived from the Central Coast Multiple Listing Service and are subject to change & copyright law. Copyright 2009
Click to Visit My Website at SLOhomes4sale.com

"Mr. Statistics" Paul Pickering
Broker Associate, Bay Osos Brokers
CA DRE License #0997005
SEARCH ENGINE KEYWORDS
LOS OSOS HOME PRICES
LOS OSOS HOME VALUES
LOS OSOS HOMES FOR SALE
LOS OSOS HOME SEARCH
LOS OSOS HOMES
LOS OSOS MARKET ANALYSIS
LOS OSOS CONDOS FOR SALE
LOS OSOS REAL ESTATE FOR SALE
LOS OSOS REALTORS
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If you are looking at a "short sale" home to purchase in Los Osos, but the seller (or borrower) has a 1st trust deed and a 2nd, the likelihood of both lenders working out a solution is slim to none-particularly if a home's value has continued to diminish during the short sale process (typically 6 months or longer).
So you know, a successful short sale on a home with both a 1st and 2nd trust deed is entirely contingent on the 2nd trust deed recouping a minimum of 10 percent on the current loan's balance. Furthermore, the actual close-of-escrow-ratio of homes being sold through a short sale process is less than one percent.
Don't confuse REOs or Foreclosures with Short Sales. For more information on the pitfalls of Short Sales,
Click to read my entire Short Sale Advisory
Click to View My Recent Home Sales Statistics or
Click to View My Website
If you are tired of putting offers in on homes offered as "short sales," only to see them fail, please contact me and I'll be glad to help you find the perfect non-short sale property.

"Your Local Buyer's Broker"
Paul Pickering, Broker Associate
Cell: 805 235 3221, or paul@slohomes4sale.com
Bay Osos Brokers, CA DRE license #00997005
KEY WORDS:
SAN LUIS OBISPO COUNTY SHORT SALES
LOS OSOS SHORT SALES
LOS OSOS BANK OWNED HOMES
LOS OSOS REAL ESTATE BROKER
LOS OSOS HOMES FOR SALE
LOS OSOS BUYERS BROKER/AGENT
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