san luis obispo real estste market statisticsThis site created and maintained by:
 Keith Byrd, REALTOR®
Century 21 Hometown Realty

 

Months of Inventory
Residential (single family, condo, PUD)		  

The following table calculates Month of Inventory per city. Months of Inventory takes the solds for the past 30 days and divides that into the number of available properties. Six months of inventory is considered a neutral market. Less than six months is a Sellers Market, more than 6 months is a Buyers market. For cities with a lower level of inventory, a month of a couple extra sales will make the number look low or a month of really slow sales for the previous 30 days will make the calculated value real high.

  as of 5/01/08 as of 4/01/08 as of 03/01/08 as of 02/01/08 as of 01/01/08 as of 12/01/07 as of 11/1/07 as of 10/1/07 as of 9/1/07 as of 8/1/07 as of 7/01/07
SLO County 9.5 12.1 13.4 15.7 16.0 15.1 14.5 14.8 13.0 10.4 8.1
SLO County + Santa Maria + Orcutt 8.4 12.0 13.5 15.8 14.5 15.4 15.1 14.5 12.8 11.4 8.6
                       
Arroyo Grande 7.4 7.7 14.2 8.6 20.0 13.5 10.2 8.0 9.5 6.2 8.1
Atascadero 13.8 13.4 22.2 26.5 28.9 23.1 49.4 19.1 20.7 10.7 9.7
Avila Beach (no solds) 3.5 (no solds) 19.0 6.3 19.0 8.0 9.5 6.3 4.6 (no solds)
Cambria 10.7 18.2 17.2 22.0 11.6 20.8 12.3 15.7 10.0    
Cayucos 11.0 57.0 14.8 16.0 51.0 13.3 14.8 9.6 7.8 9.8 27.5
Grover Beach 9.5 13.4 8.9 8.7 16.0 35.0 15.0 18.5 58.0 14.3 7.1
Los Osos 9.9 10.4 8.1 18.0 16.0 9.4 10.8 12.3 9.5 8.9 7.4
Morro Bay 14.6 10.0 12.0 29.7 13.3 11.3 13.0 22.0 29.5 11.8 3.8
Nipomo 6.5 13.1 11.5 11.1 22.5 23.1 12.1 14.8 12.4 13.8 6.4
Orcutt 4.9 9.3 7.0 12.0 9.6 12.6 9.6 11.9 12.8 10.6 7.0
Oceano 8.4 15.7 45.0 46.0 11.0 7.2 6.6 12.0 31.0 6.0 16.5
Paso Robles 9.7 13.5 16.8 21.8 22.3 14.3 22.3 27.1 15.2 13.5 12.2
Pismo Beach 8.0 21.4 16.3 16.2 24.3 52.0 11.2 17.3 14.3 16.0 7.2
San Luis Obispo 6.6 7.2 14.5 11.5 8.3 9.3 9.2 8.1 5.7 3.2 3.5
Santa Maria 7.3 12.8 14.0 20.7 12.7 19.0 33.6 14.9 11.5 19.4 17.5
Templeton 16.7 43.5 10.3 10.9 15.0 13.2 10.4 12.8 18.3 12.0 7.7
 

Individual City Single Family Home Inventory Levels

The following chart shows the inventory levels of Single Family Homes and levels of previous months (includes stick-built, condos, PUDs) - Actives/Contingents. I also included inventory in September 2004 so you can see levels when it was a Sellers market.

  05/01/08 04/01/08 03/01/08 02/01/08 01/01/08 12/01/07 11/01/07 10/01/07 9/01/07 8/01/07 7/01/07 6/1/07 5/1/07 4/01/07  3/01/07 2/02/07 1/02/07

12/07/06

 11/02/06 10/01/06 8/17/06 7/14/06 9/21/04
Arroyo Grande 201 193 199 198 200 229 254 272 275 285 284 269 253 255  247 234 212 256 288 300 274 242 108
Atascadero 276 241 288 265 289 323 346 344 352 333 272 264 246 236  225 219 223            
Avila Beach 14 14 17 19 19 19 16 19 25 23 31 29 22 23  24 22 24 26 29 33 17 16 9
Cambria 107 109 103 88 104 104 111 110 114                            
Cayucos 55 57 59 48 51 53 59 48 47 49 55 50 52 48  44 39 38 36 38 37 36 39 18
Grover Beach 76 67 62 61 96 105 120 111 116 100 92 102 92 72  71 79 78 89 107 105 74 84 40
Los Osos 79 73 73 72 80 85 97 98 104 107 104 100 93 80  76 77 74 87 105 115 112 112 44
Morro Bay 117 110 96 89 80 79 104 110 118 118 107 90 79 94  84 90 91 104 112 102 106 109 34
Nipomo 156 144 161 167 180 185 181 192 199 193 212 192 183 189  185 171 152 166 183 159 159 156 43
Orcutt 229 243 246 263 260 277 299 296 306 296 303                        
Oceano 59 47 45 46 44 43 53 60 62 66 66 58 54 41  41 40 39 42 48 51 38 41 19
Paso Robles 476 473 454 457 514 530 579 596 655 661 659 642 610 571  525 478 491
Pismo Beach 112 107 98 97 97 104 123 121 129 128 130 117 98 99  92 86 77 97 106 106 90 91 40
San Luis Obispo 225 202 188 172 158 168 175 186 198 193 191 192 196 164  167 163 170 181 197 207 177 182 97
Santa Maria 496 487 462 435 456 456 470 462 458 465 437                        
Templeton 100 87 72 76 75 79 94 102 110 108 100