Home prices were overpriced for years and now are dropping so it has become a buyers market. Inventory has gone down a bit. There were about 250 houses on and condos on the market (November 2007), and now there is only 197 on the market (Mar 2008)....
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Atascadero, California
as of 7/18/2008:
It's a great place to raise kids, dogs, and horses! You can get a lot of property for your money, although the inventory has substantially decreased. In Nov 2007 there were more than 340 homes on the market for sale and in Mar 2008 there are only...
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Avila Beach, California
as of 7/18/2008:
It is hard to find a home in Avila, as it is such a small and desirable town. There are only about 800 people who live in the town, and right now (March 2008), there are only 17 homes on the market...which compared to neighboring towns is nothing....
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Grover Beach, California
as of 7/18/2008:
Prices were higher than they perhaps should have been for a couple of years and now are dropping significantly. There are half as many houses and condos on the market now as there were 4 months ago (120 in Nov compared to 65 in March). So that means...
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Oceano, California
as of 7/18/2008:
This town is seeing dramatic appreciation, but that is partly due to the fact that it has the furthest way to come. There are over 50 houses and condos on the market (March 2008)--with a population of only 7000 people--so there is a lot of...
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Pismo Beach, California
as of 7/18/2008:
Prices were inflated, so now prices are 'normalizing' or 'stabilizing.' I have seen homes in Pismo drop more dramatically in price in the last month than any other of the '5 Cities.' It is definitely experiencing the biggest hit of the current real...
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San Luis Obispo, California
as of 7/18/2008:
Prices were overinflated for a couple of years and now are 'normalizing' or 'stabilizing.' There are more houses and condos (198) on the market now (March 2008) than there were in Nov 2007 (170). This additional competition means that it is an even...
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San Luis Obispo County, California
as of 7/18/2008:
Home prices were overpriced for years and now are dropping so it has become a buyers market. As a whole, there are more houses and condos on the market now (1963 in March 2008) than there were in Nov 2007 (1500). so overall buyers are in the...
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Templeton, California
as of 7/18/2008:
There are over 80 houses and condos on the market (March 2008). Home prices were overpriced for years and have dropped so it is a buyers market; however, that will change soon as inventory is decreasing. 4 months ago inventory was 90 homes and...
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