Posted on March 4, 2016 - 01:07 PM
by George Freitas
The San Luis Obispo County real estate market continues it's upward trend from last year.
According to the California Association of Realtors, January 2016 San Luis Obispo County median home price is $525,000 up 9.7% from January 2015. California median home price is $468,330 up 9.2% from last year.
San Luis Obispo County unsold inventory 5.1 months. Median time on the market 43.4 days.
California unsold inventory 4.3 months. Median time on the market 44.5 days.
It's a sellers market. Not much inventory, values are increasing.
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Based on information from California Regional Multiple Listing Service, Inc. as of 2017-10-17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.