In Cayucos, the closed median sales price of detached single family homes remained strong due to very low inventory. The chart below covers past four years' closed median sales price trends from 2016 to 2020. The 2020 figures are not conclusive as the report includes data till October 2020 only.
The chart below covers closed median sales prices of detached single family residences in Morro Bay from January 2016 to October 2020. Closed median sales prices in Morro Bay appear to hold steady.
Here's a snapshort of closed median sales price trends of single family homes for Los Osos from January 2016 to October 2020. Due to very low inventory, sales prices are on the uptick in Los Osos.
In the past four years, closed median sales prices on single family homes in Cambria peaked in 2019. Though 2020 has not ended, it appears price improvement for 2020 over 2019 may be minimal, as shown in the chart below.
Check out this month's Home Affordability data for Cayucos and surrounding area.
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