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SAN LUIS OBISPO, CA 93405

Real Estate Market Report  ·  San Luis Obispo County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SAN LUIS OBISPO, CA real estate market (93405) currently shows 43 active listings, with 17 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 43 days on market compared to 41 days last year.

The median listing price has risen 31.8% year-over-year, from $1,099,000 to $1,449,000.

Whether you are buying or selling in SAN LUIS OBISPO, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 24,991  ·  Density: 107.5/mi²  ·  Median household income: $48,388

Typical home value: $862,631  ·  Homeownership: 33.1%

Market Overview

Active Listings
43
⇧ 22.9% vs 35 last year
Pending
17
40% pending ratio
Median Price
$1,449,000
⇧ 31.8% vs $1,099,000 last year
Average Price
$1,962,622
⇩ 26.2% vs $2,658,785 last year
Days on Market
43
⇧ 4.9% vs 41 days last year

Price Per Square Foot

Median $/sqft
$683
⇩ 1% vs $690/sqft last year
Median Home Size
2,299 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 35 last year
  • Days on market: 43 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $1,449,000 (+31.8% YoY)
  • Average: $1,962,622 (-26.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 42.2 miles — 496 listings ($781,320,727 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
93405San Luis Obispo, CA 934050.0 mi29$61,828,841$1,687,500$2,132,029
93424Avila Beach, CA 934247.3 mi6$13,656,420$2,500,000$2,276,070
93442Morro Bay, CA 934428.4 mi28$54,823,468$1,008,500$1,957,981
93422Atascadero, CA 9342211.7 mi68$58,785,320$864,500$864,490
93465Templeton, CA 9346517.0 mi28$56,215,908$1,528,725$2,007,711
93430Cayucos, CA 9343017.5 mi28$77,059,136$1,995,000$2,752,112
93445Oceano, CA 9344519.2 mi16$16,817,808$707,175$1,051,113
93446Paso Robles, CA 9344625.0 mi151$239,764,444$892,495$1,587,844
93428Cambria, CA 9342826.5 mi36$67,649,976$1,496,000$1,879,166
93453Santa Margarita, CA 9345331.6 mi11$12,960,079$1,200,000$1,178,189
93455Santa Maria, CA 9345535.0 mi76$69,456,324$812,475$913,899
93452San Simeon, CA 9345239.2 mi7$25,945,003$825,000$3,706,429
93451San Miguel, CA 9345142.2 mi12$26,358,000$937,500$2,196,500

Frequently Asked Questions

How many homes are for sale in SAN LUIS OBISPO, CA 93405?

As of March 2026, there are 43 active listings in SAN LUIS OBISPO, CA (zip code 93405), compared to 35 the prior year.

What is the median home price in SAN LUIS OBISPO, CA 93405?

The median listing price in SAN LUIS OBISPO, CA 93405 is $1,449,000 as of March 2026, a 31.8% increase from $1,099,000 the prior year.

How long do homes stay on the market in SAN LUIS OBISPO, CA?

Homes in SAN LUIS OBISPO, CA 93405 spend an average of 43 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in SAN LUIS OBISPO, CA 93405?

Based on current inventory and days-on-market data as of March 2026, SAN LUIS OBISPO, CA 93405 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 43 days on market compared to 41 days last year.

How much can I save on real estate commission in SAN LUIS OBISPO, CA?

With SELL123.com's maximum 3% commission, sellers in SAN LUIS OBISPO, CA 93405 save an estimated $28,980 compared to a typical 5% commission on the median listing price of $1,449,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.