Avila Beach MLS Home Search & 2008 Market Update

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.

Tni LeBlanc, JD, M.A., e-PRO
Broker/Owner, Mint Properties
(805) 878-9879, tni@MintProp.com
www.iLoveFiveCities.com
www.SellMyCentralCoastHome.com
www.CentralCoastRealEstateSearch.com

*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