2000-2009 Median Sales Price Review in Morro Bay, CA
| PRICE REVIEW OF HOMES SALES OF STICK-BUILT SINGLE-FAMILY HOMES |
| | | MORRO BAY | | | | |
| Year | Sales | LOW | HIGH | MEDIAN | DIFF. | % | Days on Market |
| | | | | | | |
| 2000 | 200 | $103,000.00 | $950,000.00 | $269,450.00 | | | 71 |
| 2001 | 141 | $150,000.00 | $1,500,000.00 | $324,500.00 | $55,050.00 | 20% | 68 |
| 2002 | 162 | $216,000.00 | $2,100,000.00 | $382,500.00 | $58,000.00 | 18% | 73 |
| 2003 | 160 | $226,000.00 | $1,600,000.00 | $439,000.00 | $56,500.00 | 15% | 60 |
| 2004 | 193 | $265,000.00 | $265,000.00 | $550,000.00 | $111,000.00 | 25% | 78 |
| 2005 | 130 | $337,500.00 | $2,300,000.00 | $645,000.00 | $95,000.00 | 17% | 65 |
| 2006 | 112 | $330,000.00 | $2,000,000.00 | $615,750.00 | ($29,250.00) | -5% | 106 |
| 2007 | 101 | $300,000.00 | $1,600,000.00 | $570,000.00 | ($45,750.00) | -7% | 132 |
| 2008 | 107 | $210,000.00 | $1,800,000.00 | $520,000.00 | ($50,000.00) | -9% | 146 |
| Jan-Oct 09 | 83 | $215,000.00 | $2,450,000.00 | $500,000.00 | ($30,000.00) | -6% | 144 |
| WORKING FOR JAN-OCT 2008 VS. 2009 | | | |
| Period | Sales | LOW | HIGH | MEDIAN | Days on Market | |
| | | | | | |
| Jan 01-Oct 15, 08 | 90 | $210,000.00 | $1,800,000.00 | $530,000.00 | 132 | |
| Jan 01-Oct 15, 09 | 83 | $215,000.00 | $2,450,000.00 | $500,000.00 | 144 | |
| | | | | | |
| DIFFERENTIAL | -7 | | | ($30,000.00) | 12 | |
| | -8% | | | -6% | 9% | |
| | | | | | |
| Notes: | | | | | | | |
| * Statistics on stick-built single-family reisdences only; condos & mobile homes are not included in this study |
| ** Differential for Jan-Oct 09 based on median prices between Jan-Oct 2008 and Jan-Oct 2009 |
| | |
| *** Information from Central Coast MLS, deemed correct at time of report, though not guaranteed. |
| **** Prepared by Sherry Sim, Realtor, SRES, E-Pro, GREEN, Keller Williams Realty-Central Coast |
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