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San Luis Obispo County May 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 locally sourced, real data 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 to sell your home.

May saw a healthy increase in closed sales for the first time since October. The median sales price is down 4.5% from May of last year while the average sales price is up 1.9%. The average days on the market dropped to 27 and the percentage of the sales price to list price was over 100%.

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



New Listings

2022:  422


Active Listings

2022:  545


Under Contract

2022:  310


Closed Sales

2022:  289

Homes Sold


Sale-to-List Price

2022:   102.5%


Avg Sales Price

2022:  $1,020,302


Months of Supply

2022:  1.8


Avg Days on Market

2022:  21


Avg Price per Sq Foot

2022:  $562

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