$699K  
Over the last 30 days, the Nipomo market looked solid with 16 homes sold, a 23.1% increase from last week's report. To put it in perspective, close-by San Luis Obispo registered 54 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should take note that prices are coming down in Nipomo, with the median sales price dropped to $582,000. Inventory is also shrinking, now down to four months worth still available.
Comments:

$699K  
The Nipomo market showed gains this week as sales spiked 44.4% to reach 13 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. To put it in perspective, close-by San Luis Obispo registered 57 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $649,000 over the latest reporting period for Nipomo, down from $735,000.
Comments:

$979K  
Sales remained steady from last week to this week, with nine homes sold in the Nipomo market over the last 30 days. However, a recent downturn in the number of pending transactions continued, with 12 completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in Nipomo, with the median for this period rising from $719,900 to $735,000. A downturn in contracts, coupled with the availability of eight months of inventory, prove that Nipomo is a strong buyer's market.
Comments:

Nipomo is a affluent city in California with a median income of $64,241 per household. The population is also considered older than most with a median age of 36 years. Keep in mind, most people in Nipomo own their homes, with a 67.7% ownership ratio. The top school in the city is Nipomo High School.
Comments:

$1.6M  
The Nipomo market reported positive news in this week's report, as the number of home sales rose 12.5%, pushing the total to nine homes sold over the last 30 days. To put it in perspective, close-by San Luis Obispo registered 53 homes sold in the same time frame, the most of all surrounding cities. The median sales price of homes sold came in at $719,900, which extended a price upswing to four weeks. Nipomo is still a definite buyer's market, in spite of the rise in prices, thanks to the availability of seven months of remaining inventory.
Comments:

$179K  
Over the last 30 days, eight homes were sold in the Nipomo market, down 27.3%. Additionally, the market is still in an emerging downward trend overall. The median sales price climbed to $550,000 over the latest reporting period for Nipomo, up from $525,000. Nipomo is a solid buyer's market, due to a downward trend in sales numbers and eight months of inventory remaining.
Comments:

$1.6M  
The Nipomo market pulled back with a 26.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 12.5 monthly average with 11 homes sold. Within the same time frame, San Luis Obispo had 50 sales, the most of all cities in the area. The median sales price of all transactions in Nipomo did not budge this week, remaining at $525,000.
Comments:

$859K  
The Nipomo market was active in this week's report, as the number of home sales rose 15.4%, pushing the total to 15 homes sold over the last 30 days. To put it in perspective, close-by San Luis Obispo registered 44 homes sold in the same time frame, the most of all surrounding cities. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $525,000 this week.
Comments:

$1.6M  
The Nipomo market pulled back with a 7.1% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (12.4) with 13 homes sold. On the other hand, close-by San Luis Obispo registered 38 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $505,000, potentially helping to offset the four months of inventory left to be sold.
Comments:

Nipomo is a city that is growing faster than others in California at a 10-year growth rate of 27.1%. It also has a larger than average population of 16,714 people. Homes in Nipomo are of moderate age with a median age of 23 years. Heading the list of top schools in the city is Nipomo High School.
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