Barry Brown

San Luis Obispo, CA

Single-Family Homes

Barry Brown Real Estate - Broker/Owner



San Luis Obispo, CA

Fri Mar 29 2024
This week the median list price for San Luis Obispo, CA is $1,200,000 with the market action index hovering around 55. This is less than last month's market action index of 56. Inventory has increased to 47. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

San Luis Obispo, CA

Fri Mar 29 2024
This week the median list price for San Luis Obispo, CA is $1,200,000 with the market action index hovering around 55. This is less than last month's market action index of 56. Inventory has increased to 47. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the San Luis Obispo market.
Median List Price $1,200,000
Median Price of New Listings $1,149,950
Per Square Foot $671
Average Days on Market 41
Median Days on Market 21
Price Decreased 26%
Price Increased 2%
Relisted 0%
Inventory 47
Median Rent
Market Action 55
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
$2,999,900 2,200 0.5 - 1 acre 3 2 49 1 1 49
$1,472,000 2,109 6,500 - 8,000 sqft 3 2.8 72 3 2 59
$1,100,000 1,527 4,500 - 6,500 sqft 3 2 54 3 1 21
$789,000 1,295 0 - 4,500 sqft 3 2 46 3 3 7