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525 Kings Ave in Morro Heights is Sold!

Morro Heights, Morro Bay - The single story at 525 Kings Ave has been sold. Property information

Proposed Bike Path Between Morro Bay & Cayucos

San Luis Obispo County Parks Department has proposed to build a bike path that connects Morro Bay and Cayucos. The two-and-half-mile path will start from Cloisters Park in Morro Bay to the planned Norma Rose Park in Cayucos. In addition to the existing

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

MORRO BAY - REVIEW OF HOME SALES & MEDIAN SALE PRICES : 2005-2009

With the exception of home sales, a review of the home sales from 2005 to 2009 in Morro Bay reveals a slow down in median sale prices and decline in yield to sellers. The issues are compounded by the length of time needed to sell a home in Morro Bay today.

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

Review of 2008/2007 Home Sales/Prices in Morro Bay, CA

JANUARY-DECEMBER 2008 VERSUS JANUARY-DECEMBER 2007 MORRO BAY ` SALES AVG.DOM HIGH LOW MEDIAN 2007 96 133 $1,600,000.00 $300,000.00 $572,500.00 2008 107 146 $1,800,000.00 $210,000.00 $520,000.00 2008/2007 11 13 $200,000.00 ($90,000.00) ($52,500.00) % DIFF.

Morro Bay Harbor Festival

The rain didn't stop Morro Bayans and their visitors from enjoying the festival this past weekend. There was some slight chaos when electricity was disrupted when the festival opened on Saturday, October 4, 2008. When electricity and the sun returned,

Schools in San Luis Obispo County Received Strong Scores on the State’s Academic Performance Index (API)

The 2008 results are in. Overall; majority of the schools showed improvement in their API test scores when compared to a year ago. Most schools exceeded the 800 mark; which is considered high. Two schools, Bellevue-Santa Fe Charter School and Teach Elementary

Upcoming Fall Events in Morro Bay

Saturday, September 20, 2008 714 Embarcadero, Morro Bay, CA 11 AM to 6 PM Music provided by Pryor Baird & the Deacons and The Guy Budd Band Participate in the ~ Best Guacamole Contest Best local Avocado-based Recipe Contest Best Dressed Avo Kid Contest

Are Homes Moving In Morro Bay?

SOLD! REVIEW OF HOME SALES & MEDIAN HOME PRICES ON STICK-BUILT SINGLE-FAMILY HOMES IN NORTH COAST-SLO COUNTY (UNDER $1M) JANUARY-JUNE 2008 VS. JANUARY-JUNE 2007 MORRO BAY SALES AVG.DOM HIGH LOW MEDIAN 2007 62 137 $300,000.00 $955,000.00 $567,500.00

Newly Listed - 350 Orcas in Morro Bay

Morro Bay, San Luis Obispo County - Announcing a new listing on 350 Orcas, a 1,542 sq. ft., 3 bath, 3 bdrm 2 story. Now MLS® $649,000 - Priced to Sell!. Property information

$687,500 is the New Conforming Loan Limit for San Luis Obispo County

Check out the new FHA loan limits for California that are released by HUD today. 14 California counties loan limits for FHA, Fannie and Freddie jumped, up to $729,750 cap. The majority of these counties are located in San Francisco Bay Area, namely Alameda,

Cal Poly Lion Dance was a Hit @ RE/MAX Lunar New Year Celebration!

The Cal Poly Lion Dance Team was a hit with our guests who came to celebrate the Lunar New Year with our RE/MAX team at our Morro Bay, CA office. 2008 is the Year of the Rat that began on February 7, 2008. There are 12 animals in the Chinese zodiac. Predictions

Review of Past 5-Year Home Prices / Sales Trends - Morro Bay, CA - Single-Family Homes only (excluding Condos)

REVIEW OF THE PAST 5-YEAR PRICE / SALE TRENDS MORRO BAY YEAR Sales +/- (%) Median +/- (%) Avg. CDOM +/- (%) High Low Avg. SP/LP 2003 160 $439,000 60 $1,600,000 $226,000 98% 2004 193 21% $550,000 25% 78 30% $2,650,000 $290,000 97% 2005 130 -33% $645,000

RE/MAX OPEN HOUSE CELEBRATES LUNAR NEW YEAR!

Residents of the Central Coast are invited to a unique Open House on Thursday, February 7, as RE/MAX Seven Cities ushers in the Lunar New Year! As Western culture rings in the New Year every January, Chinese culture similarly celebrates the New Year,