March 10, 2025
San Miguel, welcome to your March Market update. Can you believe that we're already wrapping up the first quarter of 2025? Well, if buying or selling a home is on your to do list this year, now is the time to get your strategy in place before the spring market heats up. Let's take a look at what happened in February for homes at the market.
With prices ranging from $499,000 for a manufactured home on 12 acres in Parkfield to $1.295 million for a stunning property on 18 acres on Barker Road. One home went pending 6335 Ojas Azules in Independence Ranch a three bedroom, two bath home on ten acres, which was under contract in 30 days at a list price of $899,900. And in terms of closed sales, 610 Armand Avenue, a four bedroom, two bath fixer upper closed escrow at $535,000.
Interest rates recently dipped and we've seen a noticeable uptick in market activity. Just remember, interest rates can change daily, sometimes multiple times. So be sure to check with your realtor for real time updates on interest rates and the market. If you're looking for a home in San Miguel or you want to see how your property fits into today's market, visit sanmiguel.pillareealestate.com To check out the latest listings, market insights and Expert Resources.
If you're looking for a broader countywide perspective, head over to slocounty.pillarrealestate.com for more updates on the entire San Luis Obispo County market. You can even request a complimentary home valuation to see where your home stands in today's market. Enjoy the month of March and I'll see you next time with more San Miguel market updates.
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