50 homes in near MONTESSORI CHILDRENS SCHOOL
SAN LUIS OBISPO, CA
These are homes for sale within about 2 miles of MONTESSORI CHILDRENS SCHOOL in SAN LUIS OBISPO. The area around the school has 54 active listings.
Topfind Market Read
The picture is mixed here. There is only 2.8 months of supply, yet 46% of sellers have trimmed their asking price, and sale prices have eased 4% over the last six months, though they remain 10% above a year ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$899K
↑ 10% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.8 months of supply
Tight Supply54 active listings against the current sales pace works out to about 2.8 months of supply.
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 ~54 days.
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 46% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 56% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in MONTESSORI CHILDRENS SCHOOL Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
39%
Homeowners
61%
Renters
Homeownership is 16.5 points lower than the California average (55.5%)
20,005 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $339K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$1.4M)
Price Reductions
25 listings have reduced their price
46% of active listings
Average reduction: 7.0% (~$63K)
Homes in the MONTESSORI CHILDRENS SCHOOL area carry a median list price of $899,495. Compared with SAN LUIS OBISPO overall, that is an 18.1% discount. The median price moved from $1M in February to $850,000 in July, a 15.0% decrease over six months. Right now 54 homes are on the market in the MONTESSORI CHILDRENS SCHOOL area. The homes shown here are near MONTESSORI CHILDRENS SCHOOL rather than confirmed within an attendance zone, so verify enrollment eligibility with the district.
Browse homes for sale in cities near San Luis Obispo
There are currently 54 homes for sale in MONTESSORI CHILDRENS SCHOOL Area, ranging from $255,000 to $4,300,000. 7 of them hit the market within the last week.
The median list price in MONTESSORI CHILDRENS SCHOOL Area is $899,495. Price per square foot averages $620. Prices are up 10.3% compared to a year ago.
Homes in MONTESSORI CHILDRENS SCHOOL Area currently average 54 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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