Tag Archives: Nipomo Real Estate

Nipomo Real Estate 2010 Market Update*

Posted on January 20, 2011 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

It’s the beginning of a new year, so many people are waiting anxiously to hear how many homes and condos were sold in Nipomo last year, what the average sale price was, and how it compared to 2009. Continue reading →

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Top 5 Short Sale Myths

Posted on October 8, 2010 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Myth #1: I have to be an owner occupant to qualify for a short sale. Where did this myth come from? I’ve done short sales for investors and non-owner occupants. They happen all the time. I just listed a home where the lender told the owner to do a short sale on their rental property. You can sell your investment or rental property via short sale. Continue reading →

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Snapshot 2010: Nipomo Foreclosures

Posted on September 30, 2010 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

There are 189 active and pending homes and condos in Nipomo. Of those 189 properties, 16 are foreclosures (8%) and 34 are short sales (17.9%). Looking back six months, there have been 122 sales in Nipomo with an average listing price of $440,781 and an average selling price of $429,203, so sellers are getting about 97.3% of their asking prices in Nipomo indicating that there is some bargaining room for buyers in the Nipomo real estate market. Continue reading →

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Nipomo Homes Report – First Half of 2010

Posted on July 7, 2010 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

The average selling price in Nipomo for homes, PUDs and condos was $435,478 with 105 days on market and $219 per square foot paid. Looking at just single family homes during this same time period, the average was higher at $449,750 with 106 days on market and $224 per square foot paid. Average price for condos was $263,163 with 101 days on market and an average of $189 per square foot paid. Overall, sellers are receiving 97.8% of their asking price, and foreclosure sellers in Nipomo are receiving slightly over asking on average. Continue reading →

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Nipomo 2008 Market Update & MLS Listing Search

Posted on January 29, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

A total of 190 homes and condos sold in Nipomo in 2008. 63 were REOs (bank owned homes) and 15 were short sales. So, one third of the closed sales were foreclosures and 7% were pre-foreclosure listings. Average square footage … Continue reading →

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Nipomo Delays Water Decision Making Due to Blacklake Residents' Concerns

Posted on November 26, 2007 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

According to the Adobe Press, Blacklake residents turned out in great numbers to the Nipomo Community Services District (“NCSD”) meeting in response to a proposed plan which would require an equitable contribution of $1672 from each Blacklake homeowner in order … Continue reading →

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Free Nipomo Property Search

Posted on November 26, 2007 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

There are tremendous opportunities in the Nipomo real estate market right now. Get away from the hustle and bustle and buy a home on land in an area that still has a small town feel. Bookmark and search for Nipomo … Continue reading →

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Nipomo & Oceano Real Estate Market Update

Posted on March 24, 2007 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

It is a bright and sunny day here in Santa Maria. I spent the morning meeting with about eight local loan officers. Things are really starting to buzz again. They were all exceedingly busy! It’s great to see. Now onto … Continue reading →

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