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Nipomo Real Estate 2010 Market Update*

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. 

Here you go:

2010                                                    2009
205 Nipomo Homes 214 Nipomo Homes
Average Sales Price $438,243 Average Sales Price $439,336
106 Days on Market 92 Days on Market
$219 per square foot $219 per square foot
44 Nipomo Foreclosures                                79 Nipomo Foreclosures
30 Nipomo Short Sales   26 Nipomo Short Sales
25 Nipomo Condos, PUDS 26 Nipomo Condos, PUDs
Average Sales Price $246,864 Sales Price $238,450
104 Days on Market 78 Days on Market
$183 per square foot $181 per square foot
6 Nipomo Foreclosures 11 Nipomo Foreclosures
8 Nipomo Short Sales        7 Nipomo Short Sales

*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.

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