Market Alert! January Home Prices & Sales Trends in Paso Robles

Hey Paso Robles. It's February 2025. So let's take a look at our market statistics for last month, January. Now, if you know anything about the typical real estate cycle, you know that January is typically a slow and quiet month, kind of like December, with everybody still coming out of the holiday fog. And I can tell you from my own experience, the first ten days or so of January were just that crickets. But then, bam, the market woke up and things have been moving ever since.

You would never know that we were in what is historically one of the slowest months of the year. Let's dive into the numbers. 30 homes hit the market in January, ranging in price from $439,000 on the low end up to $3.725 million on the high end. 31 homes went under contract and 32 lucky buyers became Paso Robles homeowners in the month of January. Homes close anywhere from $247,000 to $1.7 million, with the median price landing just under $700,000. Median days on market were 32 days.

So what does this mean for you? Well, ultimately, that depends on your goals. But some considerations, if you're thinking about selling, you don't necessarily need to wait for spring. Buyer activity is already strong and listing now or in the near future could mean less competition, more eyes on your home. And if you're a buyer, well, with interest rates stabilizing, it's a great time to start planning and strategizing with your realtor and your lender before prices climb higher.

Bookmark your Paso Robles Real Estate website pasorobles.pillarrealestate.com where you'll find regular market updates, local events, homes for sale and tons of resources, all at no cost to you. I will see you next month.