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Sherry Sim, SRES, E-Pro Covering the Beautiful Central Coast CA

Review of 2008/2007 Home Sales & Prices in Cayucos, CA

JANUARY-DECEMBER 2008 VERSUS JANUARY-DECEMBER 2007

CAYUCOS
SALES AVG.DOM HIGH LOW MEDIAN
2007 35 158 $3,400,000.00 $500,000.00 $840,000.00
2008 43 137 $3,800,000.00 $415,000.00 $799,750.00
2008/2007 8 -21 $400,000.00 ($85,000.00) ($40,250.00)
% DIFF. 23% -13% -5%

Data from the Central Coast MLS shows that sales of stick-built single-family homes in Cayucos improved by 23% or 8 more sales, in 2008, when compared with 2007.

It also appears that the average time taken to market properties improved by 13% from 158 days to 137 days.

Conversely, the median sale price dropped by 5% from $840,000 in 2007 to $799,750 in 2008.

The above data shows that home sale prices in Cayucos are still holding relatively strong when compared to other cities/towns in San Luis Obispo county.

Due to limited sales data, home sales of condos and mobile homes are not considered in this review.

Notes:

1. AVG. DOM = Average Days on Market

2. Data compiled from Central Coast MLS, deemed correct but not guaranteed.

3. Only stick-built single-family residences included.

4. Condos, PUDs, and mobile homes are not included in this study.

Happy Halloween in Cayucos

Crossing Ocean Avenue

Halloween in Cayucos is a tradition and meant to be lots of fun for the children.

For more than 10 years, the students of Cayucos School dressed up and went around just being themselves, and participated in a parade and visited establishments in town.

Of course, what's Halloween without candy. As they strolled on to show off their costumes, the students are treated to candy while townsfolk cheered them on.

Walk back to School

Check out the ingenuity of the homemade costumes and the norm found from the stores.

The young and old alike had a good time.

Costumes of all sorts

As big sisters to the little ones, the 8th graders in the photo below, guided the younger students as they crossed the street, and took great care of them.

Big sisters to the little ones

The big brothers, (photo below) who are also 8th graders, couldn't help but have a blast!

Big brothers to the little ones

I was told that one year, the Halloween Walk was cancelled, and the school was bombarded with tons of calls asking why. The Halloween Walk was reinstated. Since then, all in Cayucos are back to being happy and enjoying Halloween, the Cayucean way.

Sore muscles for a clean highway

In action

Every first Tuesday of the month, I picked up my box of gloves, jackets, hard hats, supply of trash bags, clippers plus a good supply of bottled water and head out to Box 383 (See photo below), along Highway One, about 3 miles north of San Geronimo along the Pacific Coast, just north of Cayucos, CA, to meet fellow Realtors for our monthly highway clean-up.

Box 383

The exercise is a dedicated effort on the part of the members from the Scenic Coast of Association of Realtors. Member Realtors from different real estate agencies or brokerages and affiliates from title companies show up to help on different weeks. The coordinated cooperative leads to a cleaner highway and a more pleasing experience for the motorists and travelers who stop to enjoy the views by the coast.

Members of the Scenic Coast Association of Realtors

More Helpers

At the end of the clean-up, we arranged the bags neatly by Box 383, and I contact Cal Trans to pick up the bags. You will surprised at the range of items that have been left along the highway. We found big itmes like sofa, tires, bar-b-que pit and even snakes! Of course, we left the snakes (obviously, the live ones) alone.

View of the coast

Doesn't the coast look more beautiful without any trash?

‘Squirt, soap, scrub & spray’ lands Cayucos Rotary with over $1,000 towards school,scoreboard

Car Wash @ Cayucos School

The Rotary Club of Cayucos-Seaside's car wash fundraiser raised over $1,000 during the four-hour shift from 10:00 am to 2:00 p.m. on Saturday, October 18, 2008. Half of the proceeds came from pre-sold tickets, while the remaining half was collected from cash-paying customers on the day of the car wash.

The fundraiser was held at the Cayucos School, which supplied water for the event. The car wash detergent was donated by AutoZone of Morro Bay, CA. Armed with buckets, hoses, spray guns and towels, the Rotarians and Cayucos school students squirted, soaped, sponged, scrubbed and sprayed to get cars and trucks clean.

Car Wash @ Cayucos School

The Rotary Club of Cayucos-Seaside wishes to thank everyone who supported, especially the 15 Cayucos Middle school students who came to help. Proceeds from the car wash would go towards the purchase of an electronic scoreboard for the new school gym in Cayucos.


To learn more about the Rotary Club of Cayucos-Seaside, please visit www.CayucosRotary.org or call club president, Sherry Sim, 805-234-4315. The Rotary Club of Cayucos-Seaside meets every Thursday, 7 am at the Sea Shanty Restaurant, 296 S. Ocean Ave, Cayucos, CA.

Update on Cayucos Del Mar Project

Cayucos Del Mar Project

Back in April 2007, I shared that a large development was proposed at the junction of Old Creek Road and Ocean Boulevard in the south community of Cayucos, CA. The project is again stalled as the county Board of Supervisors had requested for more changes in the design, especially on the third floor, to allow more recesses or openings.

Many local residents opposed the project. A group known as the Concerned Citizens of Cayucos (CCC) was formed to address this issue and represent the residents' concerns. Concerns raised included lack of conformity with the residential neighborhood - the project was considered "out of scale"; traffic impacts; lack of parking; safety and potential soil contamination.

The Planning Commission had approved a two-storey building, with a height restriction of 22 feet versus 30 feet that was in the original design. The Planning Commission's approval was supported by County Supervisor Bruce Gibson. Franco DiCicco, the project developer is appealing the Planning Commission's decision. The next hearing is scheduled on October 28, 2008.

Originally, the project was three stories high that would include 18 motel rooms, four condominiums, a restaurant and a convenience store. The restaurant and convenience store had been eliminated. Some 5,000 square feet of commercial space, most of it on the third floor, was removed.

An update will be posted after the October 28, 2008 hearing.

To read about my earlier post, please refer to :-

http://activerain.com/blogsview/73117/DEVELOP-OR-DOWNSIZE-THE

For more information on the Cayucos Del Mar Project, check out :-

Concerned Citizens of Cayucos' site: http://www.cayucosproject.com/

Developer Franco DiCicco's site: http://cayucosdelmarproject.com/

Disclaimer: The photo is a simulation of the proposed project and may not be to scale.