Scenic Coast Monthly Market Statistics Charts

Scenic Coast Real Estate Market Report – October 2010 to October 2011

November 28, 2011 By Morris Team

Scenic Coast Real Estate Market Report – October 2010 to October 2011

The information/charts below are for the Scenic Coast area of San Luis Obispo County and include the cities/towns of Cambria, Cayucos, Morro Bay and Los Osos.

These market statistics are taken directly from the Multiple Listing Service for Single Family Residences.

If you would like information for just your city/town or for a certain price range or for just a specific type of residence, such as condos, or vacant land, contact us at Ocean Breeze Real Estate and we’ll email it to you. Additionally if you would like the statistical data that the charts are drawn from, we can email that to you as well.

The number of homes on the market in the Scenic Coast areas of Cambria, Cayucos, Morro Bay and Los Osos is down about 14% from a year ago and the number of months inventory is down quite a bit–55%. The number of homes under contract and that have sold are up a lot from a year ago. We’re seeing the median list price go down 16% from a year ago but really be pretty steady since March of this year. The median sales price is about the same as a year ago although that has bounced around a bit over the last year.

If you’re looking to sell in these areas, with inventory so low it could be a great time to jump in before the inventory bumps up (typically) in the spring time. I f you’re looking to buy, interest rates are amazingly low. Give us a call and we’ll meet with you to discuss your needs.

For now, Spencer & Margaret Morris

Filed Under: Scenic Coast Data, Uncategorized Tagged With: Cambria, Cayucos, Central Coast, charts, homes, inventory, Los Osos, Morro Bay, Ocean Breeze Real Estate, San Luis Obispo, scenic, Spencer & Margaret Morris

Scenic Coast Real Estate Market Report – September 2010 to September 2011

October 10, 2011 By Morris Team

Scenic Coast Real Estate Market Report - September 2010 to 2011

The information/charts below are for the Scenic Coast area of San Luis Obispo County and include the cities/towns of Cambria, Cayucos, Morro Bay and Los Osos.

These market statistics are taken directly from the Multiple Listing Service for Single Family Residences (our previous reports included condos and PUDs).

The number of homes on the market is down about 15% from a year ago but the number of months of housing inventory has dropped from just over 12 months to under 6 months which indicates a balanced market rather than a buyers market. Still, median list prices have dropped 15% and median sold prices have dropped 14% from a year ago.

With interest rates so low and prices down, it looks to be a good time for buyers to buy in the scenic coast towns of Cambria, Cayucos, Morro Bay or Los Osos.

For now, Spencer & Margaret Morris

Filed Under: Scenic Coast Data Tagged With: Cambria, Cayucos, charts, data, homes, interest rates, inventory, Los Osos, Morro Bay, Ocean Breeze Real Estate, San Luis Obispo, Spencer & Margaret Morris, statistics

Scenic Coast Real Estate Market Report August 2010 – August 2011

September 11, 2011 By Morris Team

Scenic Coast Real Estate Market Report – August 2010 to August 2011

The information/charts below are for the Scenic Coast area of San Luis Obispo County and include the cities/towns of Cambria, Cayucos, Morro Bay and Los Osos.

These market statistics are taken directly from the Multiple Listing Service for Single Family Residences, Condos & PUDs.

If you would like information for just your city/town or for a certain price range or for just a specific type of residence or vacant land, contact us at Ocean Breeze Real Estate and we’ll email it to you. Additionally if you would like the statistical data that the charts are drawn from, we can email that to you as well.

This month is showing some very positive news for the scenic coast area. The median list price is down from a year ago but the median sale price is virtually unchanged from last year. The number of homes on the market is down 17% from a year ago but for the past few months has been steady. Both homes under contract and homes sold are up with inventory down from about an 8 month supply a year ago to a 5 month supply now which would indicate a normal seller’s market with a little appreciation if the pattern continues.

For now, Spencer & Margaret Morris

Filed Under: Scenic Coast Data, Uncategorized Tagged With: Cambria, Cayucos, charts, homes, Los Osos, Morro Bay, Ocean Breeze Real Estate, San Luis Obispo, sellers, Spencer & Margaret Morris

Scenic Coast Real Estate Market Report July 2010 – July 2011

August 5, 2011 By Morris Team

The information/charts below are for the Scenic Coast area of San Luis Obispo County and include the cities/towns of Cambria, Cayucos, Morro Bay and Los Osos.

These market statistics are taken directly from the Multiple Listing Service for Single Family Residences, Condos & PUDs.

From these charts it appears that the market in the towns of Cambria, Cayucos, Morro Bay and Los Osos are still in a downturn but not as drastically as other areas. The median list price is down 12% from a year ago and the median sale price is down 17%. Inventory is down though and that helps keep prices fairly stable.

For now, Spencer & Margaret Morris

Filed Under: Scenic Coast Data Tagged With: Cambria, Cayucos, Los Osos, Morro Bay, Ocean Breeze Real Estate, San Luis Obispo, Spencer & Margaret Morris, statistics

Scenic Coast Real Estate Market Data June 2010 – June 2011

July 7, 2011 By Morris Team

Scenic Coast information includes the cities/towns of Cambria, Cayucos, Morro Bay and Los Osos.

These market statistics are taken directly from the Multiple Listing Service for Single Family Residences, Condos & PUDs.

If you would like information for just your city/town or for a certain price range or for just a specific type of residence or vacant land, let us know and we’ll email it to you. Additionally if you would like the data that the charts are drawn from, we can email that to you as well.

The charts show that for the towns of Cambria, Cayucos, Morro Bay and Los Osos the number of homes under contract continue to trend upward. The number of homes on the market are down 13% from a year ago and the number of homes sold are up 11%. The median asking price has remained steady over the past few months although down from a year ago but the median sales price is down 25% from a year ago . Inventory is down 48% from last year and is at a 6 month supply which indicates a rather balanced market (neither a sellers market or a buyers market).