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Jan Lloyd,CRB,CRS,GRI, SFR, SRES, e-PRO, Fine Homes Specialist
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Market Trends Morro Bay

TrendVision TM

Published August 2013*

Location:   Morro Bay (area 4)
Price Range:   $0 – No Limit
SQFT Range:   0 – No Limit
Property Types:   SFR Stick Built – All Properties – All Property Statuses
Bedrooms:   0 – No Limit
Full Baths:   0 – No Limit
Half Baths:   0 – No Limit
Year Built:   0 – No Limit
Prepared for you by: Jan Lloyd
Number of Homes For Sale vs. Sold vs. Pended (May. 2012 – Jul. 2013)

Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago
Jul. 13 Jun. 13 % Change Jul. 13 Jul. 12 % Change May. 13 to Jul. 13 May. 12 to Jul. 12 % Change
For Sale 36 30 20% 36 56 -35.7% 33 51 -35.3%
Sold 18 15 20% 18 10 80% 17 12 41.7%
Pended 11 18 -38.9% 11 15 -26.7% 15 11 36.4%
Average Price per SQFT (May. 2012 – Jul. 2013)

Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago
Jul. 13 Jun. 13 % Change Jul. 13 Jul. 12 % Change May. 13 to Jul. 13 May. 12 to Jul. 12 % Change
Avg. Sq. Ft. Price 314.4 373.4 -15.8% 314.4 310.5 1.3% 330.9 280.2 18.1%
Avg CDOM & SP/Orig LP % (May. 2012 – Jul. 2013)

Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago
Jul. 13 Jun. 13 % Change Jul. 13 Jul. 12 % Change May. 13 to Jul. 13 May. 12 to Jul. 12 % Change
Avg CDOM 66 88 -25% 66 111 -40.5% 66 113 -41.6%
Sold/Orig LP Diff. % 98 99 -1% 98 89 10.1% 98 91 7.7%
Average Price of For Sale and Sold (May. 2012 – Jul. 2013)

Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago
Jul. 13 Jun. 13 % Change Jul. 13 Jul. 12 % Change May. 13 to Jul. 13 May. 12 to Jul. 12 % Change
Avg. Active Price 612 676 -9.5% 612 677 -9.6% 634 657 -3.5%
Avg. Sold Price 508 527 -3.6% 508 392 29.6% 504 442 14%
Absorption Rate based on Pended Sales (%) (May. 2012 – Jul. 2013)

Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago
Jul. 13 Jun. 13 % Change Jul. 13 Jul. 12 % Change May. 13 to Jul. 13 May. 12 to Jul. 12 % Change
Absorption Rate (Pended Sales) % 0 1 -49.1% 0 0 14.1% 0 0 110.7%
Date 5/12 6/12 7/12 8/12 9/12 10/12 11/12 12/12 1/13 2/13 3/13 4/13 5/13 6/13 7/13
For Sale 47 51 56 50 43 33 27 28 32 26 28 30 34 30 36
New Listing 16 16 20 15 11 10 10 8 19 8 14 23 18 15 22
Sold 15 10 10 15 8 21 8 16 9 6 13 11 17 15 18
Pended 8 11 15 14 12 17 10 5 13 10 11 16 16 18 11
Months of Inventory (Closed Sales) 3.1 5.1 5.6 3.3 5.4 1.6 3.4 1.8 3.6 4.3 2.2 2.7 2 2 2
Months of Inventory (Pended Sales) 5.9 4.6 3.7 3.6 3.6 1.9 2.7 5.6 2.5 2.6 2.5 1.9 2.1 1.7 3.3
Absorption Rate (Closed Sales) % 31.9 19.6 17.9 30 18.6 63.6 29.6 57.1 28.1 23.1 46.4 36.7 50 50 50
Absorption Rate (Pended Sales) % 17 21.6 26.8 28 27.9 51.5 37 17.9 40.6 38.5 39.3 53.3 47.1 60 30.6
Avg. Active Price 623 665 677 681 627 658 590 579 623 624 682 649 620 676 612
Avg. Sold Price 503 402 392 505 541 514 460 546 389 443 437 481 480 527 508
Avg. Sq. Ft. Price 257 285 310 368 318 301 326 307 280 318 288 300 311 373 314
Sold/List Diff. % 97 95 95 94 93 98 96 95 97 95 96 97 98 101 98
Sold/Orig LP Diff. % 91 92 89 93 90 93 92 88 95 73 94 93 97 99 98
Days on Market 124 55 107 111 66 107 175 77 56 77 51 90 37 35 43
Avg CDOM 154 55 111 124 66 114 221 149 56 77 51 90 47 88 66
Median 495 340 350 396 450 440 425 459 400 302 420 340 429 445 488
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*All reports are published August 2013, based on data available at the end of July 2013. All reports presented are based on data supplied by the Central Coast MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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