$585K  
The number of sellers reducing prices in the 93442 zip code market trended up to 10 over the last 30 days, extending a three-week streak. During the same period, eight sales were completed. The median sales price dropped to $570,000, potentially helping to reduce the four months of inventory left to be sold.
Comments:

$359K  
A six-week downturn in sales was extended when the 93442 zip code market saw six more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since November at 12. When comparing other close-by zip codes within the same period, the most came from the 93420 zip code with 25 price reductions. Potential buyers should note that prices are coming down in the 93442 zip code, and for this period the median sales price slid from $632,450 to $604,950.
Comments:

$539K  
The 93442 zip code market showed signs of life this week as sales climbed 50.0% to hit six homes sold over the last 30 days. In comparison, the nearby 93401 zip code had 23 sales in the same time frame, the most of all neighboring zip codes. Months of inventory hit eight this period, extending an upward trend to four weeks. The 93442 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:

$1.6M  
In this week's report, the number of homes sold in the 93442 zip code market dropped to four over the past 30 days, a decrease of 33.3% from last week's report. In comparison, the nearby 93401 zip code had 24 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose dramatically to $892,500 over the latest reporting period for the 93442 zip code, up from $622,500. With decreasing sales and the availability of nine months of inventory, the 93442 zip code is a strong buyer's market.
Comments:

$359K  
On top of a 16.7% decline in sales numbers this week to land at five homes sold over the last 30 days, the 93442 zip code market still shows an emerging trend downward overall. The median sales price rose to $600,000, up from last week's $570,000. The 93442 zip code is a strong buyer's market, due to a downward trend in sales numbers and seven months of inventory remaining.
Comments:

$685K  
93442 is a less affluent than average zip code in California with a median income of $43,085 per household. The population is also considered much younger than most with a median age of 48 years. The 93442 zip code has an home ownership ratio of 41.5% and a renting ratio of 35.4%. Heading the list of top schools in the zip code is Morro Bay High School.
Comments:

$1.2M  
The 93442 zip code market remained soft this week as sales slid 45.5% to land at six homes sold over the last 30 days. Meanwhile, the 93401 zip code reported 39 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $570,000 over the latest reporting period for the 93442 zip code, up from $540,000.
Comments:

$365K  
The 93442 zip code market remained cold with 11 homes sold in the last 30 days, a 21.4% sales drop. On the other hand, the close-by 93401 zip code registered 41 homes sold in the same period, the most of all surrounding zip codes. Prices fell lower as this week's reported median sales price of $540,000 continued a four-week downward trend. With only three months of inventory to sell, the 93442 zip code is still a seller's market, even after taking into consideration the falling prices.
Comments:

$1M  
Over the last 30 days, the 93442 zip code market had a decrease in home sales with 14. Furthermore, the amount of pending transactions continued to decline, with a total of 12 contracts during the same period. The median sales price dropped to $518,500 over the latest reporting period for the 93442 zip code, down from $552,500. There are only three months of inventory available in the 93442 zip code, so it's still seller's market, even with the shrinking contracts numbers.
Comments:

$695K  
The 93442 zip code market pulled back with a 22.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (15.2) with 17 homes sold. In comparison, the nearby 93401 zip code had 35 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 93442 zip code, and this period the median price of all sales fell from $620,000 to $555,000. There are only two months of inventory available in the 93442 zip code, so it's a strong seller's market, even with the decrease in sales.
Comments:
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