$1.2M  
In this week's report, the number of homes sold in the Orcutt market fell to three over the past 30 days, a decrease of 40.0% from last week's report. In comparison, nearby Grover Beach had 16 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $384,900, potentially helping to offset the four months of inventory left to be sold.
Comments:

$539K  
The Orcutt market stayed sluggish this week as sales slid 28.6% to land at five homes sold over the last 30 days. In comparison, nearby Pismo Beach had 18 sales in the same time frame, the most of all neighboring cities. Prices were able to climb as this week's reported median sales price of $455,000 continued a four-week upswing. With only two months of inventory to sell, Orcutt is a definite seller's market, in spite of the dip in sales.
Comments:

$389K  
The Orcutt market saw sales remain consistent with seven homes sold over the last 30 days and is also under a determined downward trend in the number of contracts closing, with this week's number falling to three. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price of all transactions in Orcutt did not budge this week, remaining at $455,000. With only two months of inventory to sell, Orcutt is a still strong seller's market, even after taking into consideration the falling contracts numbers.
Comments:

$285K  
Orcutt is a small city in California with a median income of $63,823 per household. Besides being affluent, its population is younger than others with a median age of 42 years. Detached homes account for 86% of the area's current housing market. The best school in the city is Lakeview Junior High School.
Comments:

$555K  
Home sales in the Orcutt market remained cool in this week's report as they dropped 30.0% to seven homes sold over the last 30 days. On the other hand, close-by Grover Beach registered 20 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose to $455,000 over the latest reporting period for Orcutt, up from $446,750. With only two months of inventory to sell, Orcutt is a definite seller's market, in spite of the dip in sales.
Comments:

$1.1M  
Over the last 30 days, the Orcutt market got good news with 10 homes sold. It marks a 42.9% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, Arroyo Grande had 22 sales, the most of all cities in the area. Prices are rising in Orcutt, and the median sales price this period increased from $435,000 to $446,750. With only two months of inventory and rising sales, Orcutt is a strong seller's market.
Comments:

$299K  
Over the last 30 days, the Orcutt market had a decrease in home sales with seven. Furthermore, the amount of pending transactions continued to decline, with a total of seven contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price climbed to $435,000 over the latest reporting period for Orcutt, up from $419,000. With only two months of inventory to sell, Orcutt is a still definite seller's market, even after taking into consideration the falling contracts numbers.
Comments:

$299K  
The Orcutt market saw sales remain flat this week with nine homes sold over the last 30 days and new listings also remain flat at five. The median sales price climbed to $419,000, up from last week's $360,000. There are only two months of inventory available in Orcutt, so it's a definite seller's market, even if sales are flat.
Comments:

$675K  
The number of price cuts in the Orcutt market climbed to eight over the last 30 days, furthering an emerging positive trend. Despite drops in list prices, sales also decreased to eight homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $359,000 over the latest reporting period for Orcutt, down from $360,000. Despite the slip in sales, a relatively low two months of inventory indicates that Orcutt is a definite seller's market.
Comments:

$285K  
With 28,905 residents, Orcutt is a larger than average city in California. Also, with a 1.6% increase over the last 10 years, its population is growing about even with other parts of the state. Homes in Orcutt are relatively old with a median age of 32 years. The best school in the city is Lakeview Junior High School.
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