Pillar Real Estate Market Report
San Luis Obispo, CA 93401
Single-Family Homes
Amber Johnson | amber@pillarrealestate.com | 805-835-3425
San Luis Obispo, CA 93401
Mon Sep 07 2026
This week the median list price for San Luis Obispo, CA 93401 is $1,345,000 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has increased to 46.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $1,345,000 | |
| Median Price of New Listings | $1,412,000 | |
| Per Square Foot | $651 | |
| Average Days on Market | 82 | |
| Median Days on Market | 49 | |
| Price Decreased | 30% | |
| Price Increased | 2% | |
| Relisted | 7% | |
| Inventory | 46 | |
| Median Rent | ||
| Market Action | 43 | |
| Slight Seller's Advantage | ||
Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,912,000 | 4,324 | 2.5 - 5 acres | 4 | 3.8 | 39 | 0 | 0 | 136 |
| $1,785,000 | 2,590 | 6,500 - 8,000 sqft | 4 | 3 | 43 | 2 | 1 | 49 |
| $1,148,111 | 1,902 | 0 - 4,500 sqft | 3 | 2.5 | 0 | 0 | 0 | 35 |
| $965,000 | 1,336 | 0 - 4,500 sqft | 3 | 2.5 | 4 | 2 | 1 | 49 |