In case you haven’t heard already, Team Sweasey just moved into our brand-new office. It’s bigger, modern, and will provide even more value to our clients. Come visit us at 860 Walnut in San Luis Obispo anytime. We would love to see you.

In the meantime, let’s talk about what’s going on in the real estate market from both a national and local perspective. Let’s start with the local market stats. I could probably tell you to watch any video from the last six months and the story would be the same. Inventory is down, sales and pendings are up, and new listings are pretty flat. There are plenty of homes for sale, they’re just selling quickly because demand is so high.

One recent home we listed at $1,250,000 is going to go $400,000 over asking price. Another was listed for just under $1 million, and we will sell it for over $200,000 over asking price. Time will tell, but with interest rates staying where they are, I don’t see any change in the marketplace.

Now let’s talk about outside the area. I get a lot of calls from people who are in trouble after hiring an agent in a different market based on a quick online search. The inexperienced agents they end up hiring are causing challenges.

I have an easy fix for this if you’re in a situation where you're looking for a Realtor. I have a network that I’ve cultivated over the past 30 years, and I know great agents all over the country. We vet them, we get to know them and their businesses, and we trust them to give you the same great service we do. Give us a call if you or someone you know is moving anywhere in the U.S. I have appraiser and lender connections in every market, too.

Finally, I can’t say enough how great our team is. I wanted to give a few of them a quick shout-out today. One of our newer additions, Sara Humes, is my executive assistant and has been fantastic with our customer service and helping me reach out to our clients. Sharon Benedik is our listing manager who helps me get listings on the market and consistently get top dollar for our clients.

Once they go into escrow, Dakota Bailey, our escrow manager, takes the transaction and ensures it closes from there. He’s already helped over 100 families this year. One of our newest additions, James Bueno, is our director of marketing and is helping us take our online presence to the next level. Finally, Patti Hughes has been with me for years and makes sure the office is a well-oiled machine. The reason the Sweasey Team gets so many great reviews online is because of these excellent people.

If you have questions about the marketplace, want to come see our new office, or have any other real estate-related questions, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.