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Sherry Sim

Real Estate & Market Conditions in San Luis Obispo County.


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Review of Home Sales & Prices in Los Osos, CA

% DIFF.-17%3%  -8%


For January-December 2008, Los Osos saw a drop of 17% in sales of stick-built single-family homes when compared to the same period in 2007.  The number of stick-built single-family homes sold fell from 124 in 2007 to 103 in 2008. 

At the same time, sellers took more time - an additional four days based on an average marketing time of 129 days to sell their properties in 2008 compared to a year ago.

The median home price decreased by 8% from $471,000 in 2007 to $435,000 in 2008.  The decrease is not surprising as we saw fewer sales of higher priced properties.

Out of the 103 stick-built single-family homes sold in 2008, almost 64% or 66 out of 103 homes are under $500,000. Only five of these sales were priced over $1 million. 

The data obtained from the Central Coast Multiple Listing System reflects more sales in the lower price ranges due to short sales and foreclosures in this small coastal town.


 1.  AVG. DOM = Average Days on Market

2.  Data compiled from Central Coast MLS, deemed correct but not guaranteed.

3.  Only stick-built single-family residences are included.

4..  Condos, PUDs, and mobile homes are not included in this study.

Posted: Monday, April 13, 2009 11:07 PM by Sherry Peckhoon Sim


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