REAL-TIME MARKET NUMBERS

San Luis Obispo, CA 93401

Single-Family Homes

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San Luis Obispo, CA 93401

Tue Jul 01 2025
This week the median list price for San Luis Obispo, CA 93401 is $1,472,500 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 50. 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 93401

Tue Jul 01 2025
This week the median list price for San Luis Obispo, CA 93401 is $1,472,500 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 50. 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 $1,472,500
Median Price of New Listings $1,445,000
Per Square Foot $724
Average Days on Market 68
Median Days on Market 46
Price Decreased 56%
Price Increased 0%
Relisted 2%
Inventory 50
Median Rent
Market Action 40
Slight Seller's Advantage

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$2,725,000 3,660 0.25 - 0.5 acre 4 4 21 0 3 70
$1,697,000 2,037 4,500 - 6,500 sqft 3 2.8 3 2 2 70
$1,295,000 1,979 4,500 - 6,500 sqft 3 2.5 24 2 2 28
$899,000 1,702 4,500 - 6,500 sqft 3 2 35 1 3 35