REAL-TIME MARKET NUMBERS

San Luis Obispo, CA 93401

Single-Family Homes

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San Luis Obispo, CA 93401

Fri Apr 18 2025
This week the median list price for San Luis Obispo, CA 93401 is $1,537,500 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has increased to 38. 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

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

San Luis Obispo, CA 93401

Fri Apr 18 2025
This week the median list price for San Luis Obispo, CA 93401 is $1,537,500 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has increased to 38. 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

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the San Luis Obispo market.
Median List Price $1,537,500
Median Price of New Listings $1,647,000
Per Square Foot $710
Average Days on Market 45
Median Days on Market 18
Price Decreased 29%
Price Increased 0%
Relisted 3%
Inventory 38
Median Rent
Market Action 45
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$2,497,490 3,440 0.25 - 0.5 acre 4 3.5 2 4 1 21
$1,799,000 2,190 4,500 - 6,500 sqft 4 3.5 12 1 1 56
$1,363,700 2,070 4,500 - 6,500 sqft 3 2.8 32 2 1 10
$994,482 1,180 0 - 4,500 sqft 2 1.8 44 3 3 21