Even the worst fixer upper will sell at the right price.

Despite 6% dips in Morro Bay and Los Osos, Cayucos values have remain level. The reason for this may be that prices in Cayucos move in stair steps while the price line of all the other cities on the coast have a uniform slope. So while prices may level off for awhile in Cayucos, I don’t expect them to drop much unless this nation wide downturn is sustained for a while longer.