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School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. Some buyers even submit statements about themselves and their families to give sellers a better idea of why they want the houses they’re vying for. AnAssociation of Realtors report released in Maysaid San Luis Obispo County homebuyers need to make at least $113,020 to afford a $550,000 home, which is possible for only 26 percent of residents. If you’ve ever gone house hunting in San Luis Obispo, you know how difficult it can be to find the right place at the right price. You’re more likely to find many wrong places at many wrong prices.
To be a competitive buyer — other than coming up with cash — homebuyers should work with Realtors who knows the ins and outs of the San Luis Obispo housing market. Being prequalified and preapproved for a loan is also important in such a hot market. These days, homes in San Luis Obispo can have up to four interested buyers and will sometimes sell in a week, although the average time on the market is currently 37 days.
Climate's impact on San Luis Obispo County housing
We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Many homes in San Luis Obispo County are selling fast, if you're buying plan to act quickly.
The average homes sell for about 1% below list price and go pending in around 45 days. The average homes sell for about 1% below list price and go pending in around 23 days. The average homes sell for around list price and go pending in around 31 days. Heat risk estimates how much climate change might increase the typical number of hot days in a year and the likelihood of extreme heat and heatwaves. Storm risk estimates how much climate change increases the chances of extreme precipitation, when a lot of rain or snow falls in a short time, including thunderstorms, snowstorms, and tropical cyclones.
Homes For Sale By Bedroom Count
On average, homes in San Luis Obispo County sell after 35 days on the market compared to 17 days last year. There were 177 homes sold in November this year, down from 334 last year. Homes in San Luis Obispo receive 1 offers on average and sell in around 31 days. The average sale price of a home in San Luis Obispo was $794K last month, down 11.8% since last year. The average sale price per square foot in San Luis Obispo is $600, up 13.4% since last year.
Explore how many homes are likely to flood in nearby cities, compared to . The average sale price of a home in San Luis Obispo County was $825K last month, up 8.6% since last year. The average sale price per square foot in San Luis Obispo County is $493, up 5.7% since last year. There, buyers can find two- to three-bedroom homes ranging from 700 square feet to more than 1,500 square feet. San Luis Obispo’s least expensive options are condos, which can be found in the $300,000 range on the east side of town, also near Laurel Lane. Rocket Homes Real Estate LLC is committed to ensuring digital accessibility for individuals with disabilities.
How hot is the San Luis Obispo County housing market?
If you're buying a home in San Luis Obispo County, you may be able to get a good deal. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. 53% of San Luis Obispo homebuyers searched to stay within the San Luis Obispo metropolitan area.
Los Angeles homebuyers searched to move into San Luis Obispo more than any other metro followed by San Francisco and Fresno. Across the nation, 0.40% of homebuyers searched to move into San Luis Obispo from outside metros. In Sep '22 - Nov '22, 47% of San Luis Obispo homebuyers searched to move out of San Luis Obispo, while 53% looked to stay within the metropolitan area. Of homes in San Luis Obispo County are required to have flood insurance.
Zillow's metrics aim to inform and support the decision-making process with relevant market data by measuring monthly market changes across various geographies and housing types. Can sell for about 5% above list price and go pending in around 9 days. Can sell for about 1% above list price and go pending in around 15 days. Can sell for about 2% above list price and go pending in around 9 days. Flood risk data is provided by Risk Factor™, a product of the nonprofit First Street Foundation. Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood.
BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. In November 2022, San Luis Obispo home prices were down 11.8% compared to last year, selling for a median price of $794K. On average, homes in San Luis Obispo sell after 21 days on the market compared to 20 days last year. There were 27 homes sold in November this year, down from 40 last year. In November 2022, San Luis Obispo County home prices were up 8.6% compared to last year, selling for a median price of $825K.
Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service in which this real estate broker participates.
Condo buyers have a better chance of finding a home that’s moderately priced and in need of fewer renovations, Kessler said. A two-bedroom, two-and-a-half-bathroom condo selling for $519,000 in the Villa Rosa complex on Garibaldi Avenue was built in 1994 and comes with modern appliances and a fireplace. Zillow Home Value Index , built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types. Fire risk estimates the risk of wildfires, based on the likelihood of burning in the future and the potential size and severity of a fire.
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