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San Luis Obispo County December 2023 Market Update

Whether you're thinking of buying or selling a home, or just like to stay up to date on the real estate market, you need real data that is locally sourced to keep you informed.

Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you for your real estate transaction.

Hitting an all-time low, there were only 113 new listings in December. That's a 17.5% drop from last year and 41.5% from last month, significantly higher than the seasonal averages of the past few years.  The number of pending sales are 14.9% down from last year, while closed sales are nearly the same. and both are virtually the same as last month. The number of active listings dropped 15.8% while the average number of days on market increased 27.6% from last month,

 The average price is up 9.0% from last year. The average percentage of the sales price to list price slipped to 96.8%, as 62.2% of the homes sold for less than the list price.

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

 

113

New Listings

2022:  137

457

Active Listings

2022:  520

114

Under Contract

2022:  131

164

Closed Sales

2022:  168


Homes Sold

96.3%

Sale-to-List Price

2022:   94.9%

$1,022,392

Avg Sales Price

2022:  $938,221

2.3

Months of Supply

2022:  2.2

37

Avg Days on Market

2022:  40

$550

Avg Price per Sq Foot

2022:  $511

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