SLO County Market Update – July 2025 | Inventory Climbs, But Demand Holds Strong

Is the market shifting in San Luis Obispo County? The data from June shows a continued rise in inventory, but also steady buyer demand.

In June, the county saw 192 new listings, 209 homes under contract, and 272 closed sales. That’s a clear sign the summer market is still moving, but it’s more nuanced than just hot or cold.

Inventory is up 40% compared to this time last year, but pricing remains highly location-specific. Some neighborhoods are seeing appreciation, while others are seeing necessary price reductions due to overpricing or slower buyer response.

The median sale price in June was $820,000, with the median days on market at 19—still a solid indicator of strength.

Notable Sales:

•            Lowest: $180,000 for a 1-bed/1-bath in Heritage Ranch

•            Highest: $6.1M for 6370 Verdugo Ranch Way in Avila Beach

Seller Tip: If you’re planning to list, be sure your agent delivers a thorough market analysis and not just a ballpark number. Pricing your home correctly from day one will reduce the need for price drops and increase your chance of attracting serious buyers quickly.

Visit slocounty.pillarrealestate.com to browse homes, request your free home evaluation, and explore events across the county.