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Real Estate & Market Conditions in San Luis Obispo County.

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2000-2009 Median Sales Price Review in Morro Bay, CA
PRICE REVIEW OF HOMES SALES OF STICK-BUILT SINGLE-FAMILY HOMES
MORRO BAY
YearSalesLOWHIGHMEDIANDIFF.%Days on Market
2000200$103,000.00 $950,000.00 $269,450.00    71
2001141$150,000.00 $1,500,000.00 $324,500.00 $55,050.00 20%   68
2002162$216,000.00 $2,100,000.00 $382,500.00 $58,000.00 18%   73
2003160$226,000.00 $1,600,000.00 $439,000.00 $56,500.00 15%   60
2004193$265,000.00 $265,000.00 $550,000.00 $111,000.00 25%   78
2005130$337,500.00 $2,300,000.00 $645,000.00 $95,000.00 17%   65
2006112$330,000.00 $2,000,000.00 $615,750.00 ($29,250.00)-5%  106
2007101$300,000.00 $1,600,000.00 $570,000.00 ($45,750.00)-7%  132
2008107$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
PeriodSalesLOWHIGHMEDIANDays on Market
Jan 01-Oct 15, 0890$210,000.00 $1,800,000.00 $530,000.00 132
Jan 01-Oct 15, 0983$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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