San Luis Obispo Real Estate Market Reaches Contracts Low

There were 32 homes sold in the San Luis Obispo market over the last 30 days, but 20 contracts were executed. This marks the lowest amount since last January, and could be a sign that the market is nearing a low. In comparison, Pismo Beach had seven contracts executed in the same time frame, the most of all nearby cities. Prices are rising in San Luis Obispo, and the median sales price this period increased from $584,240 to $589,267. With only two months of inventory to sell, San Luis Obispo is a still definite seller's market, even after taking into consideration the falling contracts numbers.

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$649K   $1.4M   $549K  

Get started right now by checking out San Luis Obispo homes for sale or reviewing San Luis Obispo real estate trends.

Demographic facts for San Luis Obispo:

  • The percentage of the population who rent their homes is 56.7%.
  • 10-year job market growth is projected to be 31.5%.
  • There are 2,414 students for every librarian. (803 = national average)

Data reported through 1/12/2017

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