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

Sat Sep 13 2025
This week the median list price for San Luis Obispo, CA 93401 is $1,295,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 51. Click here to stay informed with the San Luis Obispo market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

San Luis Obispo, CA 93401

Sat Sep 13 2025
This week the median list price for San Luis Obispo, CA 93401 is $1,295,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 51. Click here to stay informed with the San Luis Obispo market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the San Luis Obispo market.
Median List Price $1,295,000
Median Price of New Listings $1,339,500
Per Square Foot $725
Average Days on Market 68
Median Days on Market 49
Price Decreased 33%
Price Increased 0%
Relisted 6%
Inventory 51
Median Rent
Market Action 40
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$2,398,000 3,517 0.25 - 0.5 acre 4 3.5 30 3 1 84
$1,482,000 2,164 6,500 - 8,000 sqft 4 3 35 3 2 63
$1,109,000 1,412 4,500 - 6,500 sqft 3 2 54 3 2 56
$801,515 1,042 0 - 4,500 sqft 2 1.8 31 1 0 49