Katherine Chen Hudson

Pismo Beach, CA

Single-Family Homes

Real Estate Broker DRE#01977474



Pismo Beach, CA

Sun Dec 03 2023
This week the median list price for Pismo Beach, CA is $1,450,000 with the market action index hovering around 32. This is less than last month's market action index of 37. Inventory has increased to 21. Click here to stay informed with the Pismo Beach market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Pismo Beach, CA

Sun Dec 03 2023
This week the median list price for Pismo Beach, CA is $1,450,000 with the market action index hovering around 32. This is less than last month's market action index of 37. Inventory has increased to 21. Click here to stay informed with the Pismo Beach market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Pismo Beach market.
Median List Price $1,450,000
Median Price of New Listings $1,350,000
Per Square Foot $820
Average Days on Market 76
Median Days on Market 70
Price Decreased 43%
Price Increased 0%
Relisted 10%
Inventory 21
Median Rent
Market Action 32
Slight Seller's Advantage

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
$2,375,000 3,057 6,500 - 8,000 sqft 4 4 35 0 1 70
$1,795,000 1,883 4,500 - 6,500 sqft 3 3 46 0 0 42
$1,350,000 2,146 8,000 - 10,000 sqft 3 2 62 1 1 84
$975,000 1,533 4,500 - 6,500 sqft 3 2.3 37 0 0 94