Luxury Homes on the Central Coast
With San Luis Obispo being named the “happiest place to live in the US,” all of San Luis Obispo County is on the map for purchasing real estate. Having traveled from one side the US to the other, I have yet to find a better place to live, with its fantastic weather, beauty and so many things to explore.
Luxury homes are showing some sales and that interest appears to be heading upwards. In the county, Avila Beach alone has had three sales in the last three months, Pismo Beach and San Luis Obispo with 3, one in Oceano and one in Cayucos. All these homes were sold at $1,795,000 and above. For these sales, the average days on the market were 168 days, another good indicator of an improving market.
Currently on the market, our inventory of luxury homes above $1,500,000 number 93 properties, county wide. Of the 93 available, 39 have ocean views (a whopping 42%) and 15 are oceanfront homes. This is an incredible time to buy with lots of options to choose from. Looks like buyers will see this trend throughout 2011.
All homes noted are single family and do not include condos, and all these information are from the Multiple Listing Service on the Central Coast.
Eddie Stanfield / Certified Luxury Home Marketing Specialist



