October in SLO County: Market Insights + Fall Events!

October 8, 2024

October in SLO County: Market Insights + Fall Events!

In September, the median home price in the county was $822,500, with 214 homes sold—slightly fewer than in August. The median days on the market edged up to 17 days, compared to 16 in August. Inventory continues to rise, which is encouraging for buyers, offering more options as they search for the right home.

While home prices remain strong, we are seeing more price reductions, particularly around the million-dollar-plus range and for homes priced too high across all price points. This trend signals the importance of realistic pricing for sellers aiming to move their properties quickly. Interest rates brought some good news in September as well. We saw a few declines, and they currently sit steady in the 6% range.

Nationally, the housing market also saw positive momentum. Inventory is up approximately 5% year-over-year, and mortgage applications are on the rise, reflecting growing buyer activity. Even with higher rates, buyer demand persists.

October is such a fun month on the Central Coast! A couple of events I always look forward to- The 78th Annual Pismo Beach Clam Festival is just around the corner on the weekend of October 19th. This beloved event features a clam dig, a parade, local vendors, live music, and activities for the whole family.

Another local favorite is the Cambria Scarecrow Festival, running throughout October. This quirky, creative festival brings the charming town of Cambria to life with hundreds of handcrafted scarecrows displayed around town. It's a fun, family-friendly way to experience the local art scene.

With both the real estate market and local events buzzing, it’s a great time to explore opportunities in San Luis Obispo County. I am Amber Johnson with Pillar Real Estate, and I am just a phone call away. See you soon!

Recent Blog Posts

Is Oceano Practical for a Household with Jobs in Both Santa Maria and San Luis Obispo?

Amber Johnson  |  October 25, 2026

Test both routes, work schedules and the trip from a specific home before deciding whether Oceano supports the household's routine.

Is Creston Practical for Someone Who Works from Home?

Amber Johnson  |  October 25, 2026

Verify service at the exact address, backup connectivity, power reliability and workspace needs before choosing a Creston property.

How Should I Market a Grover Beach Home near the Train Tracks?

Amber Johnson  |  October 25, 2026

Set buyer expectations with accurate positioning, thoughtful presentation and firsthand checks at different times of day.

Halloween Events in SLO County 2026: Trick-or-Treating, Haunted Houses & More

Amber Johnson  |  October 24, 2026

A North County SLO Fall Drive Worth Stealing

Amber Johnson  |  October 21, 2026

How Pets Bring Comfort and Companionship to Veterans

Amber Johnson  |  October 21, 2026

What Should Buyers Check Before Buying a San Luis Obispo Condo Facing a Shared Courtyard?

Amber Johnson  |  October 21, 2026

Check privacy, shared-space rules and activity near the unit before deciding whether courtyard-facing condo living suits you.

What Should Buyers Check Before Buying a Templeton Home with a Wood-Burning Stove?

Amber Johnson  |  October 20, 2026

Review the stove, venting, documentation and insurance questions before treating wood heat as a benefit of the purchase.

Is Arroyo Grande a Good Fit if I Want to Bike for Everyday Errands?

Amber Johnson  |  October 20, 2026

Test the routes to your actual errands, what you need to carry and your backup options before choosing a home around cycling.

Let's Talk

You’ve got questions and we can’t wait to answer them.

Follow Us