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Snapshot 2010: Nipomo Foreclosures
There are 189 active and pending homes and condos in Nipomo. Of those 189 properties, 16 are foreclosures (8%) and 34 are short sales (17.9%). Looking back six months, there have been 122 sales in Nipomo with an average listing price of $440,781 and an average selling price of $429,203, so sellers are getting about 97.3% of their asking prices in Nipomo indicating that there is some bargaining room for buyers in the Nipomo real estate market.
Arroyo Grande & Grover Beach Real Estate Market Update
The Santa Maria Times reports that homeowners in the Los Cabos subdivision are facing losing…