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     San Luis Obispo County         Market Report

August 2022


If you’re curious about the real estate market, it's good to have a clear understanding of what’s going on in your local market. Yes, national headlines matter, but they don't always reflect what's going on locally.

For the first time since March 2021, the average sales price to list price ratio fell below 100% to a more pre-pandemic average of 96.6%. Does this mean the market is crashing? No, but home prices are resetting. Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you to buy or sell a home. 

Our market report showcases everything you need to know about San Luis Obispo County's local real estate trends.

 

302

New Listings

626

Active Listings

233

Under Contract

281

Closed Sales

 

$944,764

Average Sales Price

26

Average Days on Market

$528

Average Price Per Square Foot

2.3

Months of Supply


Homes Sold

96.6%

Sale-to-List Price


Curious about what
your home is worth now?

We're able to explain what these numbers mean for you and your home's current market value. 

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