$715K  
Over the last 30 days, the number of homes sold in the Morro Bay inched up to 10. While the sales increased, the amount of pending transactions also trended upward, reaching a total of 15 during the same period. There are four months of inventory remaining in Morro Bay, and the market is swinging toward the buyer, especially since the median sales price dropped to $570,000 this week.
Comments:

$359K  
Despite a 33.3% growth in sales numbers this week to reach eight homes sold over the last 30 days, the Morro Bay market still shows a persistent trend downward overall. Prices are coming down in Morro Bay, as the median sales price dropped to $570,000, while months of inventory also shrunk to four.
Comments:

$675K  
With six homes sold in the Morro Bay market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with 12 new listings for buyers to choose from. Prices are falling in Morro Bay, and this period the median price of all sales fell from $632,450 to $604,950.
Comments:

$698K  
Over the last 30 days, the Morro Bay market showed healthy signs with six homes sold, a 50.0% increase from last week's report. Within the same time frame, San Luis Obispo had 25 sales, the most of all cities in the area. Months of inventory hit eight this period, extending an upward trend to four weeks. Morro Bay is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:

$685K  
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. Detached homes account for 94% of the area's current housing market. The top school in the city is Morro Bay High School.
Comments:

$359K  
Over the last 30 days, four homes were sold in the Morro Bay market, down 33.3%. Additionally, the market is still in a confirmed downward trend overall. The median sales price jumped to $892,500, up from last week's $622,500. Morro Bay is a strong buyer's market with nine months of inventory to choose from, aided by the downturn in sales.
Comments:

$685K  
The Morro Bay market saw five homes go under contract and failed to break out of a pronounced downward trend. Along with that, total home sales fell to five over the last 30 days. The median sales price rose to $600,000, up from last week's $570,000. With a downward trend in contracts numbers and seven months of inventory still left to work through, Morro Bay is a strong buyer's market.
Comments:

$1.6M  
In this week's report, the number of homes sold in the Morro Bay market slid to six over the past 30 days, a decrease of 45.5% from last week's report. Meanwhile, close-by San Luis Obispo reported 32 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Morro Bay, with the median for this period rising from $540,000 to $570,000.
Comments:

$365K  
The Morro Bay market remained sluggish with 11 homes sold in the last 30 days, a 21.4% sales drop. In comparison, nearby San Luis Obispo had 35 sales in the same time frame, the most of all neighboring cities. The median sales price of homes sold came in at $540,000, which extended a downward swing in price to four weeks. There are only three months of inventory available in Morro Bay, so it's still a seller's market, despite the falling prices.
Comments:

$1.2M  
Over the last 30 days, the Morro Bay market had a decrease in home sales with 14. Furthermore, the amount of pending transactions continued to decline, with a total of 11 contracts during the same period. Potential buyers should note that prices are coming down in Morro Bay, and for this period the median sales price slid from $552,500 to $518,500. With only three months of inventory to sell, Morro Bay is a still seller's market, even after taking into consideration the falling contracts numbers.
Comments:
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