$578K  
The Orcutt market showed strong improvement this week as sales rose 14.3% to reach eight homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, Grover Beach had 27 sales, the most of all cities in the area. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $452,500 this week.
Comments:

$1.8M  
The Orcutt market showed strong improvement in this week's report, as the number of home sales rose 16.7%, pushing the total to seven homes sold over the last 30 days. To put it in perspective, close-by Grover Beach registered 25 homes sold in the same time frame, the most of all surrounding cities. There are four months of inventory remaining in Orcutt, and the market is swinging toward the seller, but that may be offset as the median sales price dropped to $390,000 this week.
Comments:

The population of Orcutt is growing about even with the rest of California, at a 10-year growth rate of 1.6%. It's a larger than average city compared to the rest of the state, with 28,905 residents. Homes in Orcutt are relatively old with a median age of 32 years. The top school in the city is Lakeview Junior High School.
Comments:

$1.8M  
Despite a 33.3% decline in sales over the last 30 days, the Orcutt market extended a three-week hot streak with a total of six homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. There are four months of inventory remaining in Orcutt, and the market is swinging toward the buyer, especially since the median sales price dropped to $400,000 this week.
Comments:

$1.8M  
The number of homes coming into the Orcutt market fell to 12 listings over the last 30 days, while sales remained right where they were as once again eight homes were sold over the same period. Pricing in Orcutt remains consistent from last week to this week, with the median sales price at $409,500 again. There are only two months of inventory available in Orcutt, so it's a definite seller's market, even if sales are flat.
Comments:

$1.8M  
The number of home sales in the Orcutt market climbed 16.7% to seven homes over the last 30 days, coming close to the 7.8 monthly average for the last 12 months. At the same time, close-by Arroyo Grande reported 17 home sales, the highest number from all the surrounding cities. The median sales price continued to rise, trending upwards for four weeks to reach $410,000. With just three months of inventory available and sales prices going up, Orcutt is a seller's market.
Comments:

$609K  
The number of home sales in the Orcutt market rocketed 200.0% to six homes over the last 30 days, coming close to the 7.8 monthly average for the last 12 months. To put it in perspective, close-by Grover Beach registered 19 homes sold in the same time frame, the most of all surrounding cities. The median sales price tumbled to $424,000, down from last week's $532,450. With only three months of inventory and rising sales, Orcutt is a seller's market.
Comments:

$289K  
Orcutt is younger than the rest of California, with a median age of 42. It's affluent as well, with a median income of $63,823 per household. The Orcutt market almost exclusively consists of detached houses, accounting for 93% of the current homes in the area. The best school in the city is Lakeview Junior High School.
Comments:

$1.1M  
Sales fell this week to two homes sold in the Orcutt market over the last 30 days. However, a three-week positive trend for contracts was extended, with 11 pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. As contracts trended up, prices went up with them, with the median sales price setting a one-year high at $532,450. Orcutt is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$799K  
Home sales in the Orcutt market remained soft in this week's report as they fell 25.0% to three homes sold over the last 30 days. Within the same time frame, Arroyo Grande had 19 sales, the most of all cities in the area. Months of inventory in Orcutt shot up to four but prices came down, as the median sales price dropped to $409,000.
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