$1.9M  
The Morro Bay market made solid gains this week as sales shot up 26.7% to hit 19 homes sold over the last 30 days. Within the same time frame, San Luis Obispo had 51 sales, the most of all cities in the area. Prices are rising in Morro Bay, and the median sales price this period increased from $635,000 to $670,000. The rising sales and a low three months of inventory point to Morro Bay being a seller's market.
Comments:

$799K  
The Morro Bay market recorded 15 home sales over the last 30 days. Also, a record low 14 new listings came into the market, the fewest since February. In comparison, El Paso de Robles (Paso Robles) led all other nearby municipalities with 51 new listings. Potential buyers should note that prices went up in Morro Bay, with the median for this period rising from $605,000 to $635,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Morro Bay is a seller's market.
Comments:

Morro Bay is a larger than average city in California that has seen a 3.9% decrease in population over the last 10 years. It also has a total population of 10,234. Homes in Morro Bay are relatively old with a median age of 36 years. Topping the list of best schools in the city is Morro Bay High School.
Comments:

$1.2M  
This week in the Morro Bay market, sales rose to 13 homes sold over the last 30 days, which might be due in part to a confirmed upward trend in price reductions, with 27 being reported in the same time frame. Potential buyers should take note that prices are coming down in Morro Bay, with the median sales price dropped to $605,000. Inventory is also shrinking, now down to four months worth still available.
Comments:

$799K  
The Morro Bay market stayed sluggish with nine homes sold in the last 30 days, a 10.0% sales drop. Within the same time frame, San Luis Obispo had 51 sales, the most of all cities in the area. The median sales price dropped to $529,000 over the latest reporting period for Morro Bay, down from $664,500.
Comments:

$826K  
Home sales in the Morro Bay market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 33.3% to 10 homes sold over the last 30 days. On the other hand, close-by Atascadero registered 43 homes sold in the same time frame, the most of all surrounding cities. Prices are rising in Morro Bay, and the median sales price this period increased from $650,000 to $664,500.
Comments:

$359K  
Over the last 30 days, the Morro Bay market looked solid with 14 homes sold, closing in on the average sales volume for the prior 12 months. At the same time, close-by El Paso de Robles (Paso Robles) reported 37 home sales, the highest number from all the surrounding cities. The median sales price of homes sold came in at $640,000, which extended a downward swing in price to eight weeks. With only three months of inventory and rising sales, Morro Bay is a seller's market.
Comments:

$359K  
Morro Bay is a small city in California with a median income of $42,600 per household. Besides being less affluent than average, its population is much younger than others with a median age of 48 years. The Morro Bay market is primarily made up of detached homes, currently accounting for 87% overall. The top school in the city is Morro Bay High School.
Comments:

$1.9M  
Despite a 20.0% decline in sales over the last 30 days, the Morro Bay market extended a six-week hot streak with a total of 12 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 the market, and that will likely remain the case as the median sales price rose to $640,000 this week.
Comments:

$1.6M  
The Morro Bay market was active this week as sales rose 7.1% to reach 15 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, El Paso de Robles (Paso Robles) 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 $640,000 to $630,000. With only three months of inventory and rising sales, Morro Bay is a seller's market.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
First Team Real Estate
Snapped 1 home in this area
Flintridge Realty
Snapped 1 home in this area

©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.