Santa Maria Real Estate Market Continues Downward Trend in Home Sales

Despite a 9.5% increase in sales numbers this week to reach 23 homes sold over the last 30 days, the Santa Maria market still shows an emerging trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Pricing in Santa Maria remains consistent from last week to this week, with the median sales price at $350,100 again. With just one month of inventory available and sales going up, Santa Maria is a definite seller's market.

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Demographic facts for Santa Maria:

  • The rating for this area for population growth is 62. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 242.0 per 100,000 people.
  • The area's health cost index score is 112.3. (100 = national average)
  • The breakdown of residents commuting to work is 63.6% by car, 28.2% by carpool, and 1.2% by public transit.

Data reported through 10/12/2016

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