Months of Inventory as of February 28,2025
Months of Inventory as of Feb 28, 2025 Months of Inventory dropped in February (compared to February 2024) in SLO. It’s down to 2 months of inventory which is historically, pretty low. Inventory grew slightly in Arroyo Grande to 2.6 months and Paso Robles too a 48% jump to 3.7 months. Months of inventory is […]
New Listings in Feb 2025
Number of New Listings in February 2025 New listings in February 2025 took a dip compared to February 2024. San Luis Obispo new lisitngs dropped 16%, Arroyo Grande dropped 50%, and Paso Robles dropped 25%.
Months of Inventory
Months of Inventory (thru Jan 25) (2/2/25) As we begin 2025, months of inventory in SLO and Arroyo Grande are below 3 months. Using the often used metric, less than 3 months of inventory is a seller’s market, more than 3 months is a buyer’s market.
2022-2024 # of Solds Comparisons
2022-2024 # of Solds Comparisons (1/21/25) Following are charts that compare the # of solds for all property types from Fidelity Title.
Median Home Prices
Median Home Prices (1/5/25) This is a 3-month rolling average for median home prices in SLO, AG, and Paso. I use a 3-month average instead of monthly as monthly is a really busy graph, with many ups and downs. A 3-month average smooths out the curve so you can see trends easier. Surprising, SLO and […]
Active Listings
Active Listings (1/4/25) As shown in this graph, the amount of Active listings rose in late 2024 but dropped in December in SLO and Paso. Active Listings creates the inventory. Too much inventory for the amount of buyers in the market pushes home prices lower, but we’ve had a low inventory over the past few […]
Pending Sales
Pending Sales (1/4/25) December 2024 ended with whimper as pending sales for single family homes dipped in SLO, AG, and Paso. That will start out 2025 with low number of Solds as December pendings become January solds.
Market Trends Beach Towns – Pending Sales
Market Trends Beach Homes – Pending Sales Powered By EmbedPress
Market Trends Beach Towns – Days on Market
Market Trends Beach Towns – Days on Market Powered By EmbedPress
Market Trends Beach Towns – Median Home Price
Market Trends Beach Towns – Median Home Price Powered By EmbedPress