San Luis Obispo, CA metro area Housing Market Brief
metro · CA · score computed October 2026
What is San Luis Obispo, CA metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band
Where is San Luis Obispo, CA metro area in its market cycle?
San Luis Obispo, CA metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for San Luis Obispo, CA metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
San Luis Obispo, CA metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $897K | ▲ +2.6% | Redfin |
| Median Days on Market | 50 days | ▲ +16.3% | Redfin |
| Months of Supply | 3.4 | ▲ +6.3% | Redfin |
| Homes for Sale | 816 | ▲ +2.9% | Redfin |
| Homes Sold | 238 | ▼ -4.4% | Redfin |
| Median Price / Sq Ft | $547 | ▲ +4.4% | Redfin |
How has San Luis Obispo, CA metro area’s Alpha Score moved?
Markets like San Luis Obispo, CA metro area
- Salinas, CA metro area, CAmetro17
- Eureka, CA metro area, CAmetro16
- Truckee, CA metro area, CAmetro21
- San Rafael, CA metro area, CAmetro14
- Coos Bay, OR metro area, ORmetro22
- Santa Fe, NM metro area, NMmetro21
- Oakland, CA metro area, CAmetro17
- Santa Cruz, CA metro area, CAmetro21
- Riverside, CA metro area, CAmetro24
- Red Bluff, CA metro area, CAmetro23
Frequently asked questions
Is San Luis Obispo, CA metro area a buyer's or seller's market?
In the scores computed October 2026, San Luis Obispo, CA metro area is classified as a Deep Buyer's Market, based on its Alpha Score of 16 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in San Luis Obispo, CA metro area?
The median sale price in San Luis Obispo, CA metro area is $897K, having risen 2.6% over the past year, according to Redfin.
How affordable is San Luis Obispo, CA metro area?
San Luis Obispo, CA metro area scores 1 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving San Luis Obispo, CA metro area's Alpha Score?
San Luis Obispo, CA metro area's strongest dimension is Inventory Health (33/100) and its weakest is Affordability (1/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of San Luis Obispo, CA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.