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Monthly Market Update



San Luis Obispo County March 2023 Market Update

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

The new listing activity saw a modest increase which resulted in an increased number of closed sales. While half of the houses sold this month did so in less than 14 days, the average number of days on the market dropped to 43.

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

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

 

227

New Listings

2022:  366

437

Active Listings

2022:  411

166

Under Contract

2022:  302

202

Closed Sales

2022:  267


Homes Sold

97.7%

Sale-to-List Price

2022:   104.5%

$906,441

Avg Sales Price

2022:  $1,001,488

2.0

Months of Supply

2022:  1.3

43

Avg Days on Market

2022:  21

$521

Avg Price per Sq Foot

2022:  $555

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