2011 Real Estate Market Update– Pismo Beach Home Sales

Pismo Beach CA

2010

2011

Homes Sold

109

157

Average List Price

$962,797

$892,474

Average Sales Price

$613,560

$630,828

Days on Market

144

159

$ per Square Foot

$361

$354

Foreclosures

15

17

Short Sales

10

24

Looking at the sales figures for 2011, sales activity in Pismo Beach increased 44% overall and the average sales price ticked up 2.8%.  So, it seems that some Pismo Beach home sellers who were waiting to sell decided 2011 was the time to test the market.  Distress sales also impacted these figures with short sales more than doubling and foreclosure numbers increasing just slightly.  Days on market increased a significant 44% overall; however, the average sales price ticked up a slight 2.8%

If you are considering selling your Pismo Beach CA home and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment.  I specialize in short sales and distress sales.  If you are interested in buying a home in Pismo Beach CA, I will be happy to assist you and provide a list of available homes in Pismo Beach CA and the surrounding area.

Tni LeBlanc is an independent Real Estate Broker, Attorney, Short Sale Agent, Certified HAFA Specialist (CHS), and Certified Distressed Property Expert (CDPE) and Short Sale and Foreclosure Resource Agent (SFR) serving Santa Maria, Orcutt, Lompoc, Nipomo, and Arroyo Grande on the Central Coast of California.

* Stick built SFRs & PUDs. Zip codes 93449.  Based on the information from the Central Coast Regional MLS. The Association, the Multiple Listing Service, nor Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the real estate market.  School district boundaries are subject to change and must be verified with the appropriate authority.  Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advice and is for information purposes only.  Those considering a short sale are advised to consult with their own attorney for legal advice, and their tax professional for tax advice prior to entering into a short sale listing agreement.

Copyright © 2012 Tni LeBlanc *2011 Real Estate Market Update — Pismo Beach Home Sales*

Comments

  1. Hi Tni,

    I would like to recommend the best Santa Maria Short Sale Agent ,Tni.Definitely professional and hard working.Good luck on this Tni and keep up the good work.

    Jennifer Manchester
    Suburban Properties of Charlotte, LLC.
    Charlotte Short Sale Agents

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