1 / 71
Price cut: $751,000 (3/26)
VIRTUAL TOUR
$3,999,000FOR SALE
4 beds · 4 baths · 4,725 sqft
Christie's International Real Estate Sereno
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82 homes in 93401
Homes for Sale in 93401
San Luis Obispo, CA
4950 Davenport Creek Road, San Luis Obispo, CA 93401
1 / 20
Price cut: $54,000 (8/26)
3D TOUR
$1,495,000FOR SALE
5 beds · 3 baths · 2,358 sqft
Compass
1 / 40
Price cut: $145,000 (6/9)
VIRTUAL TOUR
$950,000FOR SALE
2 beds · 1 baths · 784 sqft
Home & Ranch Sotheby's Intl
1 / 20
Price cut: $209,000 (7/22)
$1,090,000FOR SALE
3 beds · 3 baths · 1,988 sqft
AKV Properties Inc.
1 / 20
Price cut: $200,000 (8/12)
VIRTUAL TOUR
$2,639,000FOR SALE
6 beds · 4 baths · 4,244 sqft
Compass
1 / 46
NEW 7 HRS AGO
VIRTUAL TOUR
$1,795,000FOR SALE
4 beds · 3 baths · 2,537 sqft
Christie's International Real Estate Sereno
1 / 20
NEW 3 DAYS AGO
3D TOUR
$1,250,208FOR SALE
4 beds · 3 baths · 2,273 sqft
Trumark Construction Services, Inc
1 / 20
VIRTUAL TOUR
$689,000FOR SALE
2 beds · 2 baths · 1,192 sqft
Christie's International Real Estate Sereno
1 / 20
OPEN SATURDAY, 6PM - 8PM
VIRTUAL TOUR
$1,149,000FOR SALE
3 beds · 3 baths · 1,808 sqft
Real Brokerage Technologies
1 / 22
Price cut: $120,000 (5/23)
$699,000FOR SALE
2 beds · 2 baths · 1,368 sqft
Blair Properties
1 / 20
Price cut: $345,000 (7/2)
$2,150,000FOR SALE
5 beds · 6 baths · 4,204 sqft
Bjerre & Garcia Realty Inc
1 / 20
Price cut: $30,000 (8/11)
3D TOUR
$1,060,000FOR SALE
3 beds · 2 baths · 1,909 sqft
Redfin Corporation
1 / 20
Price cut: $40,000 (7/1)
VIRTUAL TOUR
$489,000FOR SALE
1 beds · 1 baths · 736 sqft
Christie's International Real Estate Sereno
1 / 24
NEW 1 DAY AGO
VIRTUAL TOUR
$788,888FOR SALE
2 beds · 2 baths · 958 sqft
Comet Realty
1 / 44
NEW 1 DAY AGO
VIRTUAL TOUR
$1,029,000FOR SALE
2 beds · 2 baths · 1,164 sqft
California Coastal Real Estate
1 / 25
NEW 2 DAYS AGO
VIRTUAL TOUR
$869,000FOR SALE
3 beds · 3 baths · 1,518 sqft
RE/MAX Success
About 93401 Real Estate
Today, the 93401 area has 82 homes for sale with a median listing price of $1.1M. The average price per square foot is $705.
93401 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.8 months of supply, yet 34% of sellers have trimmed their asking price, and the typical home takes about 53 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Buyer leverageBalancedSeller leverage
Median Home Price
$1.03M
↑ 4% over the past yearChart shows the median closed sale price by month
$1.3M$1.1M$922.3K$747K
Sep 25
Dec 25
Mar 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
2.8 months of supply
Tight Supply82 active listings against the current sales pace works out to about 2.8 months of supply.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
2.8
0369+
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~53 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 41% over the last six months.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
New
Active
Aging
Stale
About 55% of current listings are under 30 days old, while the rest have been up longer.
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 93401 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
HomeownersRenters
39%
Homeowners
61%
Renters
Homeownership is 16.5 points lower than the California average (55.5%)
Higher renter rates typically mean more rental inventory and neighborhood turnover.
20,005 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
1 Bed$895K
2 Bed$729K
3 Bed$1.0M
4 Bed$1.8M
5 Bed$1.9M
Each additional bedroom adds about $251K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$787K)
Price Reductions
28
28 listings have reduced their price
34% of active listings
Average reduction: 7.2% (~$74K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near San Luis Obispo
Frequently Asked Questions about Homes for Sale in 93401, CA
How many homes are for sale in 93401, CA?
There are currently 82 homes for sale in 93401, ranging from $255,000 to $11,995,000. 10 of them hit the market within the last week.
What is the median home price in 93401?
The median list price in 93401 is $1,059,000. Price per square foot averages $705. Prices are up 4.4% compared to a year ago.
How fast do homes sell in 93401?
Homes in 93401 currently average 54 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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