Modern Kathy Inc. dba SLO Broker & Associates

Paso Robles, CA

Single-Family Homes

Real Estate Professional



Paso Robles, CA

Thu Jun 20 2024
This week the median list price for Paso Robles, CA is $1,060,000 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has decreased to 68. Click here to stay informed with the Paso Robles market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Paso Robles, CA

Thu Jun 20 2024
This week the median list price for Paso Robles, CA is $1,060,000 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has decreased to 68. Click here to stay informed with the Paso Robles market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 Paso Robles market.
Median List Price $1,060,000
Median Price of New Listings $1,040,000
Per Square Foot $519
Average Days on Market 84
Median Days on Market 49
Price Decreased 40%
Price Increased 1%
Relisted 3%
Inventory 68
Median Rent
Market Action 47
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
$2,650,000 3,869 N/A 5 4 32 1 1 98
$1,200,000 2,179 1 - 2.5 acres 3 2.5 28 1 0 42
$889,000 1,967 6,500 - 8,000 sqft 4 2.5 33 2 2 49
$690,000 1,505 6,500 - 8,000 sqft 3 2 38 1 3 49