REAL-TIME MARKET NUMBERS

San Luis Obispo, CA 93401

Single-Family Homes

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San Luis Obispo, CA 93401

Sun Jul 05 2026
This week the median list price for San Luis Obispo, CA 93401 is $1,595,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has decreased to 41. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

San Luis Obispo, CA 93401

Sun Jul 05 2026
This week the median list price for San Luis Obispo, CA 93401 is $1,595,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has decreased to 41. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the San Luis Obispo market.
Median List Price $1,595,000
Median Price of New Listings $1,350,000
Per Square Foot $708
Average Days on Market 78
Median Days on Market 56
Price Decreased 41%
Price Increased 0%
Relisted 5%
Inventory 41
Median Rent
Market Action 45
Strong Seller's Market

Despite this week’s down tic, the price trend in this zip code remains upward for several weeks. We’re within sight of the market peak, and we’ll assume this week’s change is just randomness unless we see a persistent downward push of the Market Action Index into the Buyer’s zone.

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
$4,000,000 4,725 2.5 - 5 acres 4 4.5 29 1 1 91
$1,887,000 2,545 6,500 - 8,000 sqft 4 2.8 51 2 1 28
$1,319,500 1,823 4,500 - 6,500 sqft 3 2.5 24 3 2 35
$792,495 1,302 0 - 4,500 sqft 2 2.1 8 1 0 56