Single-Family Homes
Thu Jan 16 2025
This week the median list price for San Luis Obispo, CA 93401 is $1,795,000 with the market action index hovering around 46. This is an increase over last month's market action index of 43. Inventory has decreased to 21.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Median List Price | $1,795,000 | |
Median Price of New Listings | $1,562,000 | |
Per Square Foot | $733 | |
Average Days on Market | 93 | |
Median Days on Market | 56 | |
Price Decreased | 48% | |
Price Increased | 5% | |
Relisted | 10% | |
Inventory | 21 | |
Median Rent | ||
Market Action | 46 | |
Strong Seller's Market |
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$5,700,000 | 3,413 | 10 - 20 acres | 3 | 3 | 2 | 0 | 0 | 91 |
$2,411,960 | 3,211 | 8,000 - 10,000 sqft | 4 | 4 | 48 | 1 | 0 | 42 |
$1,575,000 | 2,562 | 8,000 - 10,000 sqft | 4 | 3 | 56 | 3 | 1 | 21 |
$1,164,000 | 1,725 | 4,500 - 6,500 sqft | 3 | 2.5 | 7 | 0 | 0 | 45 |