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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.