San Luis Obispo Housing Market Report – August 2026
Here's a look at how the San Luis Obispo, CA real estate market performed in August 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 58
- Median Sale Price: $1,180,000
- Average Sale Price: $1,391,668
- Average Price Per Sq Ft: $718
- Average Days on Market: 73
- Sale-to-List Price Ratio: 99.0%
Month-Over-Month Trends
Compared to July, the median sale price in San Luis Obispo moved 18.9% up (from $992,500 to $1,180,000). The number of homes sold was 29.3% down compared to the prior month (82 vs. 58). Average days on market shifted 8.8% down (80 days to 73 days).
Year-Over-Year Comparison
Compared to August 2025, the median sale price is 14.6% up (from $1,030,000 to $1,180,000). Sales volume is 13.7% up year-over-year.
San Luis Obispo Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93401 | 37 | $1,086,500 | $788 | 78 |
| 93405 | 21 | $1,390,740 | $578 | 67 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 32 | $1,300,000 | $844 |
| CONDOS | 6 | $729,500 | $668 |
| MOBILE | 5 | $430,000 | $293 |
| LAND | 5 | $1,126,000 | N/A |
| OTHER | 5 | $1,650,000 | $581 |
| MULTI_FAMILY | 4 | $1,221,870 | $372 |
| CONDO | 1 | $920,000 | $736 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 1 |
| $400K - $499K | 3 |
| $500K - $749K | 7 |
| $750K+ | 47 |
Current Active Listings
As of this report, there are 241 active listings in San Luis Obispo with a median asking price of $982,809 and an average of 112 days on market.
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