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Market Statistics: San Luis Obispo, California Homes Sold

By
Real Estate Agent with I serve buyers and sellers everywhere in San Luis Obispo County BRE #01839596

Here's a useful snapshot of real estate activity in the city of SLO, from January 1 to May 31, 2010:

  • 150 homes sold
  • $548,400 = average price
  • $459,950 = median price
  • 1722 square feet = average size
  • 219 homes active today
  • 17 homes are contingent
  • 58 homes are pending

There has been a gradual but sustained upswing in activity for several months. Prices continue to drop off slightly, but sales have increased. It looks as if equilibrium will be reached soon, and then the market should improve with better prices and continued strong sales. Mortgage rates remain very low and thus quite encouraging for selling homes.

Posted by

Sonsie Conroy             
CA Lic. No. 01839596
Keller Williams Central Coast Realty
San Luis Obispo, CA
Cell: 805-235-2351
Email: sconroy@slonet.org
Website:www.sloliferealestate.com

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