$999K  
Over the last 30 days, the Oceano market was active with four homes sold, closing in on the average sales volume for the prior 12 months. To put it in perspective, close-by San Luis Obispo registered 32 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Oceano, and for this period the median sales price slid from $450,000 to $390,750. With only three months of inventory and rising sales, Oceano is a seller's market.
Comments:

$1.1M  
Sales stayed firm at three homes sold over the last 30 days in the Oceano market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to three for the same period. All indications show that the trend should continue, meaning less new listings over the next few weeks. While the number of new listings were weakened, months of inventory hit five, extending an upward trend to four weeks.
Comments:

$999K  
With a solid downward trend in sellers reducing price, including five markdowns over the last 30 days, sales in the Oceano market remained the same with three over the same stretch of time. The median sales price in Oceano stayed put this week at $479,900.
Comments:

$625K  
Oceano has an older population than other areas in California with a median age of 35 years. It is also less affluent than average with a median income of $46,962 per household. The Oceano market is mostly made up of detached houses, which currently account for 58% of the homes for sale in the area. The best school in the city is Branch Elementary School.
Comments:

$1.1M  
Over the last 30 days, the Oceano market had a decrease in home sales with three. Furthermore, the amount of pending transactions continued to decline, with a total of one contract during the same period. While contracts were soft, months of inventory hit five, extending an upward trend to four weeks.
Comments:

$499K  
With four homes sold in the Oceano market over the last 30 days, we see no change from last week's numbers. However, four new listings came into the market. The median sales price dropped to $504,950, potentially helping to offset the four months of inventory left to be sold.
Comments:

$999K  
The Oceano market saw sales remain steady this week at four homes sold over the last 30 days, while it undergoes a confirmed downward trend in price reductions, with four in the same time frame. The median sales price climbed to $567,500, and there are a fairly average four months of inventory left to be sold.
Comments:

$121K  
A six-week rough patch for the overall sales trend continues in the Oceano market, with the number of sales staying even at four over the last 30 days. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $552,000 this week.
Comments:

$1.1M  
The Oceano market pulled back with a 20.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 4.9 monthly average with four homes sold. On the other hand, close-by San Luis Obispo registered 29 homes sold in the same time frame, the most of all surrounding cities. Prices were able to climb as this week's reported median sales price of $552,000 continued a four-week upswing. Despite the slip in sales, a relatively low three months of inventory indicates that Oceano is a seller's market.
Comments:

$121K  
Oceano is a larger than average city in California with 7,286 residents. Also, it has a higher than average density with 4,756.8 people per square mile. Oceano has an home ownership ratio of 43.5% and a renting ratio of 40.0%. The best school in the city is Branch Elementary School.
Comments:
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