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MARKET SNAPSHOT OF THE SCENIC COAST

MARKET UPDATE

FOR SALES ACTIVITY FROM JANUARY -SEPTEMBER 

FOR  MORRO BAY, LOS OSOS, CAYUCOS & CAMBRIA 

(YTD = Year to date)      

MORRO BAY

Active:  129  

YTD Sold/(Sept):  97(18)

YTD Median Price of  Solds:  $437,750

YTD #REO’s (Bank Owned) Sold:  20

YTD #Short Sales Sold:  11

LOS OSOS

Active:  53

YTD Sold/(Sept): 99 (16)

YTD Median Price of Solds:  $365,500

YTD #REO’s (Bank Owned) Sold:  22

YTD #Short Sales Sold:  13

CAYUCOS

Active:  45

YTD Sold/(Sept):  35 (3)

YTD Median Price of Solds:  $600,000

YTD #REO’s (Bank Owned) Sold:  4

YTD #Short Sales Sold:  4

CAMBRIA

Active:  110

YTD Sold/(Sept):  91(17)

YTD Median Price of Solds:  $462,000

YTD #REO’s (Bank Owned) Sold:  17

YTD #Short Sales Sold:  9

Of the properties that are currently on the market and available- the numbers below  show how many of  these are in some state of the foreclosure cycle:  “‘pre-foreclosure”, the short sales;  in foreclosure, NOD’s, Notice of Defaults & Trustee Sales;  and after foreclosure- the REOs,  bank owned properties:

Morro Bay:  10 of the 129 currently available.

Los Osos- 9 of the 53 currently available.

Cayucos: 4 of the 45 currently available.

Cambria- 14 of the 110 currently available.

Written by Lynn Bates - Go to Lynn's Website/Profile
LYNN BATES, Keith Byrd Team, North Coast Realtor of San Luis Obispo County including Morro Bay, Cayucos, Cambria and Los Osos. 805 458-4409. Lynn@LynnBates.Com