REAL-TIME MARKET NUMBERS

Pismo Beach, CA 93449

Single-Family Homes

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Pismo Beach, CA 93449

Sun Oct 06 2024
This week the median list price for Pismo Beach, CA 93449 is $1,650,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has increased to 25. Click here to stay informed with the Pismo Beach 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Pismo Beach, CA 93449

Sun Oct 06 2024
This week the median list price for Pismo Beach, CA 93449 is $1,650,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has increased to 25. Click here to stay informed with the Pismo Beach 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Pismo Beach market.
Median List Price $1,650,000
Median Price of New Listings $0
Per Square Foot $954
Average Days on Market 126
Median Days on Market 84
Price Decreased 48%
Price Increased 0%
Relisted 4%
Inventory 25
Median Rent
Market Action 38
Slight Seller's Advantage

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
$4,597,500 3,350 8,000 - 10,000 sqft 3 3 46 0 0 168
$2,082,000 2,261 4,500 - 6,500 sqft 3 2.5 32 0 0 122
$1,597,500 1,623 0 - 4,500 sqft 3 2.5 50 0 1 21
$1,050,000 1,650 4,500 - 6,500 sqft 3 2 50 0 0 42