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San Luis Obispo County February 2023 Market Update

Whether you are planning to buy or you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the local area market.

The minimal market activity is a direct result of the nearly historic low number of new listings. The average number of days on market has inched up to 47 but half of the houses sold this month did so in less than 17 days.

Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home.

Our market report showcases everything you need to know about each of the local community's real estate trends.

 

189

New Listings

2022:  285

416

Active Listings

2022:  401

169

Under Contract

2022:  226

150

Closed Sales

2022:  215


Homes Sold

96.1%

Sale-to-List Price

2022:   101.2%

$900,827

Avg Sales Price

2022:  929,938

1.8

Months of Supply

2022:  1.2

47

Avg Days on Market

2022:  33

$527

Avg Price per Sq Foot

2022:  $528

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