Single-Family Homes
Thu Apr 18 2024
This week the median list price for Oceano, CA is $775,000 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has held steady at or around 5.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $775,000 | |
Median Price of New Listings | $1,550,000 | |
Per Square Foot | $621 | |
Average Days on Market | 27 | |
Median Days on Market | 28 | |
Price Decreased | 40% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 5 | |
Median Rent | ||
Market Action | 51 | |
Strong Seller's Market |
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$3,100,000 | 2,950 | 0 - 4,500 sqft | 3 | 3.5 | 10 | 0 | 0 | 56 |
$1,550,000 | 1,280 | 0 - 4,500 sqft | 3 | 2 | 49 | 1 | 2 | 0 |
$775,000 | 1,429 | 4,500 - 6,500 sqft | 3 | 2 | 18 | 0 | 0 | 35 |
$554,250 | 1,026 | 0 - 4,500 sqft | 2 | 1.8 | 26 | 0 | 1 | 21 |