The San Luis Obispo, CA housing market is a buyer's market, scoring 41 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 209 homes for sale and 3.3 months of supply. Homes in San Luis Obispo, CA sold for a median of $1,110,235 — about flat versus the prior month, or $639 per square foot. The typical home goes under contract in 56 days, sales close at 100.0% of asking price and 30.2% of homes sell above list. 28.7% of active San Luis Obispo, CA listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-08-25 and are based on 63 recorded sales and 209 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 1547 Phillips St, San Luis Obispo | 2/700 | $861,000 | 2026-08-25 |
| 4375 Rustic Way, San Luis Obispo | 4/2,300 | $2,225,000 | 2026-08-25 |
| 1415 Hansen Ln, San Luis Obispo | 4/3,813 | $3,375,808 | 2026-08-24 |
| 1415 Morro St Apt 9, San Luis Obispo | 2/1,199 | $849,000 | 2026-08-21 |
| 1816 Spooner Dr, San Luis Obispo | 4/2,925 | $1,640,000 | 2026-08-21 |
| 1040 Capistrano Ct, San Luis Obispo | 4/2,644 | $1,665,000 | 2026-08-21 |
| 1470 Madonna Rd, San Luis Obispo | 9/5,023 | $1,390,740 | 2026-08-21 |
| 1885 San Luis Ranch Rd, San Luis Obispo | 4/2,124 | $1,300,000 | 2026-08-20 |
San Luis Obispo, CA is currently a buyer's market, at 41 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 3.3 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in San Luis Obispo, CA sold for $1,110,235 over the last 30 days. That is roughly unchanged from the month before.
Homes in San Luis Obispo, CA take a median of 56 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 56 days is worth a second look on price.
Homes in San Luis Obispo, CA close at a median of 100.0% of their asking price, and 30.2% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 209 homes actively for sale in San Luis Obispo, CA, about 3.3 months of supply at the current sales pace.