A total of 82 single family homes and 15 condos sold in Pismo Beach and Shell Beach in 2008. The average list price of homes sold was $990,900 and average selling price was about $895,000 The average list price of sold condos in the area was $622,620 and average sellng price was was $586,000. Listings that sold were on the market an average of 112 days. Average price per square foot for Pismo Beach and Shell Beach condos was $399, and average price per square foot of sold homes was $458.
There were 18 sales reported on the local MLS in Avila Beach in 2008. The lowest re-sale was a $300,000 manufactured home in Indian Hills, an age restricted park in San Luis Bay Estates. The monthly association dues on that 38 year old unit are about $285. The most expensive home sold during that time period was a 2 bedroom, 3 bath, 2800 square foot home in San Luis Bay Estates which sold for $2.3 million. The average price was $763,500, with an average days on market of about 4 months, and selling for abut 97.4% of list price, for about $407 per square foot. There were no short sales or foreclosures reported, so unlike the cities in southern San Luis Obispo County, the 2008 Avila Beach market remained untouched by foreclosure activity.
Looking for property in Avila Beach, CA? Search Avila Beach homes, condos and townhomes on my websites: www.CentralCoastRealEstateSearch.com, www.iLoveFiveCities.com (map based search). If you have questions about a specific property, or would like to set up an appointment to consult about a possible sale of your property, you can send an inquiry to me at www.SellMyCentralCoastHome.com, or give me a buzz at (805) 878-9879.
*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.