Published June 23, 2026

Central Coast Real Estate News | June 2026

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Written by Owen & Camille Schwaegerle

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Hello! Thanks for tuning in to this month’s newsletter. Our goal is to bring you valuable real estate content and local updates, so we hope you enjoy!

Why Homeownership Remains One of the Best Wealth-Building Tools Available

Summer time is here - and things are cranking along. We had 12 clients under contract in the past month and have been wrapping up each of those transactions. Many people are upsizing, downsizing, liquidating their rental portfolio, exchanging into better properties, and purchasing homes for the very first time. It is an exciting time in real estate on the Central Coast. Four of the last five purchases had properties appraised higher than the contract price. This is due to our expert negotiations as well as the market giving better values to buyers right now.

We are so excited to celebrate NATIONAL HOMEOWNERSHIP MONTH! With the cost of homeownership feeling out of reach for many Americans, especially in California, we want to emphasize that owning real estate continues to be one of the best financial decisions you can make for you and your family. Take a look at a snapshot of the last 70 years of home prices in the USA and see for yourself.

Here are some of the key benefits of homeownership that we see, and how they benefit our clients and super charge their wealth building potential:

  • Stable housing prices. A fixed rate mortgage doesn’t go up each year like rent. Plus, your bank can’t kick you out like a landlord can for wanting to move back into it or sell it.
  • A hedge against inflation. A house is an asset which rides the tide of inflation, whereas your dollars in the bank are going down in value each year.
  • Prop 13. Your property taxes are locked in at the purchase price plus 2% inflation each year, meaning you benefit from the longer time you own the property. For more info check out the article we wrote about this topic at the link above.
  • Principal pay down. Rather than throwing money away each month you are paying down principal and putting money back in your own pocket. It’s like a forced savings plan, and your house is a big piggy bank! Check out an amortization schedule and see the benefits for yourself!
  • Tax writeoffs. Homeowners benefit from massive tax write offs whereas there aren’t any for renting. Interest and property taxes are deductible! So your tax adjusted payment will be closer to what you are currently paying in rent.


If that is not enough reason or motivation, perhaps this study done by the National Association of Realtors in 2025 will be. Take a look at the average net worth of a renter compared to a home owner nationwide - it is 43x higher. This is due to the wealth building potential and the compounding of forced savings, market appreciation, and stability that home ownership provides.

Yes, it is expensive to own. Yes, it involves sacrifice. Yet what we see time and time again with our clients is they are so happy they bought when they did as they start to see their equity increase and their net worth grow. If you own, congratulations! You’ve achieved the American Dream. If you are still dreaming, it’s not too late.

We have a free eBook Camille and I wrote called The Complete Guide to Homeownership. It takes our years of experience in the business, helping people who want to buy a home, and shares our own experience of house hacking, so you can save the time and energy to get to your goal of home ownership quicker. Click the link below to get your free copy today!

FREE HOMEOWNERSHIP GUIDE

BOOK A STRATEGY SESSION HERE


San Luis Obispo County Market Update

The San Luis Obispo County real estate market remained strong in May, with 257 homes sold, a median sales price of $910,000, and homes selling for an average of 99.2% of asking price. Properties continued to move quickly, with a median of just 13 days on market, highlighting ongoing buyer demand throughout the county.

One of the biggest takeaways is that inventory remains limited. With only 175 active and coming soon listings compared to 219 homes pending or under contract, there are still more buyers actively purchasing homes than there are new properties available to shop. This imbalance continues to support home values and keeps competition healthy.

For sellers, the market remains favorable, especially for homes that are priced strategically from day one. For buyers, there are more options than there were a year ago, but the best homes are still moving quickly and often require preparation and decisive action. Overall, the data points to a market that remains active, competitive, and balanced as we move into summer.

READ THE FULL BLOG POST HERE


Last Month’s “First Time Home Buyer” Webinar Recap

Our recent First-Time Homebuyer Workshop covered the key steps and strategies buyers need to navigate today's market with confidence. While inventory remains limited and competition is still strong, homeownership continues to be one of the most effective ways to build long-term wealth and protect against inflation.

We walked attendees through the home buying process from start to finish, including selecting the right real estate agent, getting pre-approved, finding the right home, making a competitive offer, completing inspections, and successfully closing on a property. One of the biggest takeaways was the importance of preparation. Buyers who understand their budget and financing options before they start shopping are in the strongest position to succeed.

We also discussed several financing programs available to first-time buyers, including down payment assistance opportunities, seller-paid interest rate buydowns, and creative strategies such as purchasing homes with ADUs to help offset housing costs. Finally, we highlighted the importance of due diligence, particularly when purchasing condos or multi-unit properties, where future assessments and inspection requirements can impact ownership costs.

If you're considering purchasing your first home and would like guidance on creating a personalized plan, we'd be happy to help!

SUBSCRIBE TO OUR YOUTUBE CHANNEL HERE


The  “Love Where You Live” Show: How to Add $80K to Your Home Sale in 2026

What separates an average real estate agent from an exceptional one?

In this video, we break down the three critical phases of a successful home sale: preparation, pricing, and marketing. Learn why proper home preparation can drive buyer demand, how strategic pricing can help maximize your final sale price, and why professional marketing and skilled negotiation are essential in today's market.

We also discuss common seller mistakes, the importance of understanding your true net proceeds, and why the current market rewards sellers who take the time to prepare.

If you're thinking about selling your home in San Luis Obispo County or the Central Coast, this video will help you understand how the right strategy can potentially add tens of thousands of dollars to your bottom line.

đź“– Want our free Seller Guide? Contact us for expert advice and proven strategies to help you sell with confidence.


CURRENT TRANSACTIONS

Active Listings

570 River Oaks Dr, Paso Robles $685,000: beautifully updated home nestled in the coveted Cove at River Oaks in the heart of Paso Robles

214 Boeker Ave, Shell Beach $885,000: 2-bed, 1-bath updated beach bungalow tucked on a quiet street just steps from the coastal bluffs

1023 Walnut St, San Luis Obispo $999,000: a versatile and beautifully maintained duplex just four blocks from downtown San Luis Obispo

Pending Transactions

8920 Arcade Rd, Atascadero

479 Mitchell Dr, San Luis Obispo

3700 Corta Bella, Santa Maria

Just Sold

2265 Del Norte, Los Osos $998,000

203 Kitty Hawk Ct, San Luis Obispo $1,074,990

390 Nacimiento Lake Dr, Paso Robles $940,000

595 Vardon Ct, Nipomo $1,045,000

12703 Paso Verde Ct, Atascadero $1,075,000

1492 Tanglewood Ct, San Luis Obispo $1,222,485

1462 Laurel Ln, San Luis Obispo $1,090,000

620 Rancho Oaks Dr, San Luis Obispo $419,000

11717 Wickson Way, Atascadero $700,000

1732 Singletree Ct, San Luis Obispo $820,000

1801 Marsha Dr, San Luis Obispo $385,000

581 Higuera St #208, San Luis Obispo $780,000

110 8th Street, Templeton $599,000

Number of Clients Currently Under Contract: 3


Curious to Learn More?

Follow us on Instagram: @theschwaegerleteam

Subscribe to our YouTube Channel Here

Listen to our Podcast Here

Book a complimentary strategy session with us today!

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