REAL-TIME MARKET NUMBERS

San Luis Obispo, CA 93401

Single-Family Homes

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San Luis Obispo, CA 93401

Sun Feb 25 2024
This week the median list price for San Luis Obispo, CA 93401 is $1,170,000 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has increased to 20. 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 93401

Sun Feb 25 2024
This week the median list price for San Luis Obispo, CA 93401 is $1,170,000 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has increased to 20. 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 $1,170,000
Median Price of New Listings $1,082,500
Per Square Foot $688
Average Days on Market 31
Median Days on Market 21
Price Decreased 15%
Price Increased 5%
Relisted 0%
Inventory 20
Median Rent
Market Action 57
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$3,200,000 2,040 0.25 - 0.5 acre 3 2 45 1 0 14
$1,525,000 2,868 4,500 - 6,500 sqft 3 3 20 1 1 35
$1,065,000 1,611 4,500 - 6,500 sqft 3 2 65 3 3 0
$899,000 1,387 4,500 - 6,500 sqft 3 2 65 1 1 21