Pillar Real Estate Market Report

San Luis Obispo, CA

Single-Family Homes

Amber Johnson | amber@pillarrealestate.com | 805-835-3425



San Luis Obispo, CA

Thu Oct 02 2025
This week the median list price for San Luis Obispo, CA is $1,295,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 72. 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

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.

San Luis Obispo, CA

Thu Oct 02 2025
This week the median list price for San Luis Obispo, CA is $1,295,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 72. 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

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.

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 $1,200,000
Per Square Foot $701
Average Days on Market 94
Median Days on Market 67
Price Decreased 35%
Price Increased 0%
Relisted 4%
Inventory 72
Median Rent
Market Action 41
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$3,549,000 4,145 0.5 - 1 acre 4 4.5 27 0 1 119
$1,647,000 2,567 6,500 - 8,000 sqft 4 3 47 2 1 31
$1,194,500 1,637 4,500 - 6,500 sqft 3 2.5 51 3 4 42
$824,000 1,318 0 - 4,500 sqft 3 2 49 2 4 59