MORRO BAY: HOME SALES & PRICE REVIEW FOR 2010
The table above tracks sales of single family residences in Morro Bay and the median price trend by month. Except for the month of June, the median sale price shows prices are downtrending.
Conversely, the number of homes sold ended at a high of 18 in September. Over the nine-month period, it took an average of 111 days to sell a home, and sellers received about 5% less than asking prices.
An update will be posted at close of 2010.
Notes:
The above data is based on sales of all single-family residences, including mobile homes, condos, stick-built single family homes, etc., in Morro Bay, CA for the period from 2005 to 2009. Data is culled from the Central Coast Multiple Listing Service, and deemed accurate at time of report but not guaranteed.
**DOM refers to Days on Market
**SP v. LP refers to Sale Price vs. List Price
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If I can provide more information about Morro Bay real estate and surrounding areas, the housing market, or assist you, friends or family in a home search or sale, please phone or text me at (805) 234-4315 or email me at Sherry@SherrySim.com or visit www.SherrySim.com and www.ShortSalesAndREOs.com.
Serving Cayucos, Cambria, Morro Bay, Los Osos, San Luis Obispo, Pismo Beach, Avila Beach, Shell Beach, Arroyo Grande, Atascadero.
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