Pillar Real Estate Market Report

San Luis Obispo, CA

Single-Family Homes

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



San Luis Obispo, CA

Tue Jul 01 2025
This week the median list price for San Luis Obispo, CA is $1,575,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 79. 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 cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

San Luis Obispo, CA

Tue Jul 01 2025
This week the median list price for San Luis Obispo, CA is $1,575,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 79. 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 cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the San Luis Obispo market.
Median List Price $1,575,000
Median Price of New Listings $1,560,000
Per Square Foot $753
Average Days on Market 76
Median Days on Market 42
Price Decreased 56%
Price Increased 0%
Relisted 5%
Inventory 79
Median Rent
Market Action 39
Slight Seller's Advantage

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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
$3,649,950 3,982 1 - 2.5 acres 4 4.5 19 1 3 70
$1,837,000 2,309 8,000 - 10,000 sqft 3 3 33 3 3 42
$1,262,500 1,883 4,500 - 6,500 sqft 3 2.5 47 2 3 45
$995,000 1,591 4,500 - 6,500 sqft 3 2 62 2 5 42