$419K  
This week in the Orcutt market, sales ticked up to five homes sold over the last 30 days, which might be due in part to a new upward trend in price reductions, with five being reported in the same time frame. The current price reductions trend should be moving forward over the next few weeks, continuing to provide a rise in numbers. The median sales price dropped to $370,000, down from last week's $445,975. With only three months of inventory and rising sales, Orcutt is a seller's market.
Comments:

$285K  
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.
Comments:

$419K  
With three homes sold in the Orcutt market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with three new listings for buyers to choose from. The median sales price dropped to $348,000 over the latest reporting period for Orcutt, down from $365,000. In spite of flat sales, a low three months of inventory signals that Orcutt is a seller's market.
Comments:

$1.2M  
The Orcutt market saw sales remain at three homes sold over the last 30 days, with a confirmed upward trend of new listings, as four came into the market in the same time frame. The median sales price of all transactions in Orcutt did not budge this week, remaining at $365,000. In spite of flat sales, a low three months of inventory signals that Orcutt is a seller's market.
Comments:

$285K  
Orcutt is a larger than average city in California that has seen a 1.6% increase in population over the last 10 years. It also has a total population of 28,905. Orcutt is made up of homes that are considered relatively old with a median of 32 years. The best school in the city is Lakeview Junior High School.
Comments:

$409K  
The Orcutt market remained soft this week as sales fell 25.0% to land at three homes sold over the last 30 days. Meanwhile, close-by Arroyo Grande reported 16 homes sales, the highest number from all the surrounding cities. Months of inventory in Orcutt was flat at four but prices came down, as the median sales price dropped to $365,000.
Comments:

$419K  
Over the past 30 days, there have been fewer price cuts in the Orcutt market, continuing a six-week declining trend to land at six. However, home sales were up to four over the same period. Months of inventory in Orcutt was flat at four but prices came down, as the median sales price dropped to $374,950.
Comments:

$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:
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