$1.1M  
Price reductions have decreased in the Orcutt market, reaching a low that hasn't been seen since November. With the market starting to get more expensive a four-week upturn was extended this week by the sale of three homes. When comparing other close-by municipalities within the same period, the most came from Arroyo Grande with 19 price reductions. Prices are rising in Orcutt, and the median sales price this period increased from $377,000 to $410,000.
Comments:

$649K  
Sales fell in the Orcutt market to three homes sold over the last 30 days. It's also under an identifiable downward trend in the number of contracts closing, with this week's number falling to three. Potential buyers should note that there are now four months of inventory available in Orcutt and prices have come down. The median sales price dropped to $344,000.
Comments:

$745K  
The Orcutt market remained cold this week as sales fell 42.9% to land at four homes sold over the last 30 days. In comparison, nearby Grover Beach had 19 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $377,000, up from last week's $370,000. Despite the slip in sales, a relatively low three months of inventory indicates that Orcutt is a seller's market.
Comments:

$285K  
Orcutt has a younger population than other areas in California with a median age of 42 years. It is also affluent with a median income of $63,823 per household. Detached homes account for 90% of the area's current housing market. The best school in the city is Lakeview Junior High School.
Comments:

$427K  
The Orcutt market reported positive news in this week's report, as the number of home sales climbed 20.0%, pushing the total to six homes sold over the last 30 days. Within the same time frame, Grover Beach had 15 sales, the most of all cities in the area. The median sales price dropped to $357,000, down from last week's $370,000. With only two months of inventory and rising sales, Orcutt is a definite seller's market.
Comments:

$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:
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