REAL-TIME MARKET NUMBERS

Pismo Beach, CA 93449

Single-Family Homes

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Pismo Beach, CA 93449

Wed Oct 04 2023
This week the median list price for Pismo Beach, CA 93449 is $1,449,000 with the market action index hovering around 37. This is less than last month's market action index of 43. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Wed Oct 04 2023
This week the median list price for Pismo Beach, CA 93449 is $1,449,000 with the market action index hovering around 37. This is less than last month's market action index of 43. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,449,000
Median Price of New Listings $1,000,000
Per Square Foot $703
Average Days on Market 97
Median Days on Market 56
Price Decreased 44%
Price Increased 0%
Relisted 4%
Inventory 25
Median Rent
Market Action 37
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. 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
$2,847,000 2,996 4,500 - 6,500 sqft 3 3.5 44 0 0 94
$1,724,999 2,266 6,500 - 8,000 sqft 3 3 42 0 0 21
$1,237,500 1,921 6,500 - 8,000 sqft 3 2 32 0 0 59
$949,000 1,592 4,500 - 6,500 sqft 3 2 41 1 1 77