$1.6M  
In this week's report, the number of homes sold in the Morro Bay market slid to six over the past 30 days, a decrease of 45.5% from last week's report. Meanwhile, close-by San Luis Obispo reported 32 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Morro Bay, with the median for this period rising from $540,000 to $570,000.
Comments:

$365K  
The Morro Bay market remained sluggish with 11 homes sold in the last 30 days, a 21.4% sales drop. In comparison, nearby San Luis Obispo had 35 sales in the same time frame, the most of all neighboring cities. The median sales price of homes sold came in at $540,000, which extended a downward swing in price to four weeks. There are only three months of inventory available in Morro Bay, so it's still a seller's market, despite the falling prices.
Comments:

$1.2M  
Over the last 30 days, the Morro Bay market had a decrease in home sales with 14. Furthermore, the amount of pending transactions continued to decline, with a total of 11 contracts during the same period. Potential buyers should note that prices are coming down in Morro Bay, and for this period the median sales price slid from $552,500 to $518,500. With only three months of inventory to sell, Morro Bay is a still seller's market, even after taking into consideration the falling contracts numbers.
Comments:

$1.1M  
The population of Morro Bay is shrinking slower than the rest of California, at a 10-year growth rate of -3.9%. It's a larger than average city compared to the rest of the state, with 10,234 residents. Morro Bay is made up of homes that are relatively old with a median of 36 years. Topping the list of best schools in the city is Morro Bay High School.
Comments:

$1.1M  
While home sales in the Morro Bay market have been above average, in this week's report they dropped 19.0% to 17 homes sold over the last 30 days. Within the same time frame, San Luis Obispo had 34 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Morro Bay, and for this period the median sales price slid from $620,000 to $555,000. In spite of the decrease in sales, a low two months of inventory signals that Morro Bay is a definite seller's market.
Comments:

$1.6M  
The Morro Bay market saw sales jump 5.0% and it is currently in the midst of an emerging upward sales trend, including 21 homes sold over the last 30 days. As sales trended higher, months of inventory continued to fall, trending downwards for four weeks to reach two months. With such a small volume of inventory available and sales going up, Morro Bay is a definite seller's market.
Comments:

$1.1M  
The Morro Bay market saw 10 homes go under contract and failed to break out of an emerging downward trend. Along with that, total home sales fell to 20 over the last 30 days. Potential buyers should note that prices are coming down in Morro Bay, and for this period the median sales price slid from $640,000 to $587,500. With only two months of inventory to sell, Morro Bay is a still definite seller's market, even after taking into consideration the falling contracts numbers.
Comments:

$375K  
The number of home sales in the Morro Bay market climbed 10.0% to 22 homes over the last 30 days. Within the same time frame, San Luis Obispo had 32 sales, the most of all cities in the area. The median sales price dropped to $640,000 over the latest reporting period for Morro Bay, down from $667,500. With just two months of inventory available and sales going up, Morro Bay is a definite seller's market.
Comments:

$430K  
The Morro Bay market was active in this week's report, as the number of home sales climbed 5.6%, pushing the total to 19 homes sold over the last 30 days. In comparison, nearby San Luis Obispo had 29 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Morro Bay, with the median for this period rising from $592,500 to $675,000. With just two months of inventory available and sales going up, Morro Bay is a solid seller's market.
Comments:

$399K  
Morro Bay has a much younger population than other areas in California with a median age of 48 years. It is also less affluent than average with a median income of $42,600 per household. The Morro Bay market is primarily made up of detached houses, which currently account for 79% of the homes for sale in the area. Heading the list of top schools in the city is Morro Bay High School.
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