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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 – Months of Inventory

Market Trends Beach Towns – Months of Inventory Market trends for Avila Beach, Cayucos, and Pismo Beach Months of inventory looks at the amount of inventory plus how many homes are selling.  A 3-month supply of inventory is considered to be a neutral market. Above 3 and it’s a buyers market, below 3 and it’s […]

Market Trends thru Oct 24 – % of Original Price

Market Trends thru Oct 24 – % of Original List Price This graph is the 12-month rolling average of the percent of original list price. This means the price that it went out to market at.  There’s another stat called “percentage of last list price” which is the price it was last listed at before […]