Barry Brown

Oceano, CA

Single-Family Homes

Barry Brown Real Estate - Broker/Owner



Oceano, CA

Mon Feb 06 2023
This week the median list price for Oceano, CA is $883,000 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 11. Click here to stay informed with the Oceano market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Oceano, CA

Mon Feb 06 2023
This week the median list price for Oceano, CA is $883,000 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 11. Click here to stay informed with the Oceano market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Oceano market.
Median List Price $883,000
Median Price of New Listings $0
Per Square Foot $548
Average Days on Market 83
Median Days on Market 63
Price Decreased 45%
Price Increased 0%
Relisted 0%
Inventory 11
Median Rent
Market Action 40
Slight Seller's Advantage

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,222,500 1,632 0 - 4,500 sqft 2 2.5 44 0 1 98
$899,900 1,701 6,500 - 8,000 sqft 3 2 21 0 0 77
$879,999 1,812 4,500 - 6,500 sqft 3 2.5 20 0 0 42
$680,000 1,048 4,500 - 6,500 sqft 2 2 73 0 0 119