New Weakening in Home Prices for Orcutt Real Estate Market

In this week's report, the number of homes sold in the Orcutt market slid to three over the past 30 days, a decrease of 25.0% from last week's report. Within the same time frame, Pismo Beach had 16 sales, the most of all cities in the area. The median sales price continued to fall, trending downwards for four weeks to reach $370,000. In spite of the falling prices, a low three months of inventory signals that Orcutt is still a seller's market.

If you want a low price tag for your next home, these listings are the most affordable Orcutt has to offer:

$285K   $289K   $339K  

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

Demographic facts for Orcutt:

  • The average elevation in this area is 392 feet.
  • The area's median income per household is $63,823.
  • Schools spend an average of $4,355 for each student in this area. ($5,691 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Fusion Real Estate Network, Inc.
Snapped 1 home in this area

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