Contracts Low in Oceano Real Estate Market

A dip in the number of pending transactions in the Oceano market over the last 30 days has resulted in the lowest levels for contracts in three months. While four homes went under contract, there were nine completed sales. In comparison, San Luis Obispo led all other nearby municipalities with 44 contracts executed. Potential buyers should note that prices went up in Oceano, with the median for this period rising from $369,500 to $370,000. Despite the falling contracts numbers, there are only two months of inventory remaining, indicating that Oceano is a still definite seller's market.

Want a more traditional home in Oceano? Then start your search with these listings that were built before most others in the market:

$360K   $1.1M   $250K  

Get started right now by checking out Oceano homes for sale or reviewing Oceano real estate trends.

Demographic facts about Oceano:

  • The affordability rating here is 37. (Scale: 1 = Worst, 100 = Best)
  • The area gets 17.1 inches of rain a year. (U.S. average: 36.5)
  • The income per capita in this area is $21,736.
  • The area's school rating is 51. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Miramar International
Snapped 1 home in this area
Century 21 Hometwown
Snapped 2 homes in this area
Acquire Inc.
Snapped 3 homes in this area

Agents that specialize in this area
1 snap in this area
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