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805 Main Street | Morro Bay, CA 93442[email protected]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.
271
New Listings
2022: 422
477
Active Listings
2022: 545
171
Under Contract
2022: 310
280
Closed Sales
2022: 289
Homes Sold
100.1%
Sale-to-List Price
2022: 102.5%
$1,040,134
Avg Sales Price
2022: $1,020,302
1.7
Months of Supply
2022: 1.8
27
Avg Days on Market
2022: 21
$545
Avg Price per Sq Foot
2022: $562
