Barry Brown Real Estate

Oceano, CA

Single-Family Homes

Barry Brown I Broker/Owner I 805-215-3700


Current active inventory in Oceano, CA is very low. Keep this in mind when looking at this report.

Oceano, CA

Thu Nov 21 2024
This week the median list price for Oceano, CA is $625,000 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has decreased to 3. 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.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Thu Nov 21 2024
This week the median list price for Oceano, CA is $625,000 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has decreased to 3. 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.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $625,000
Median Price of New Listings $0
Per Square Foot $591
Average Days on Market 47
Median Days on Market 49
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$2,995,000 2,336 0 - 4,500 sqft 4 3 44 0 1 49
$625,000 1,168 6,500 - 8,000 sqft 2 2 89 0 0 28
$549,000 928 0 - 4,500 sqft 2 2 33 0 0 63