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 of sold condos and homes was about 1988, average price per square foot was $244, and average price was approximately $495,000. Currently there are about 130 homes on the Nipomo market, 20 of them are short sales, and 17 are bank owned foreclosures (REOs).
If you would like a list of Nipomo foreclosures, golf course properties, acreage listings, or condos, send an email request to tni@MintProp.com. If you would like to search for Nipomo properties, please visit my sites www.iLoveNipomo.com for a map based search, or www.CentralCoastRealEstateSearch.com for a more traditional search method. If you have questions about any Nipomo property, please give me a call at (805) 878-9879. I would be happy to answer any questions you may have.
*Based on the information from the Central Coast Regional MLS. Neither the Association, the Multiple Listing Service, or 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 market.