Is Los Osos, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Los Osos is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Los Osos has remained a Seller's Market.

Key Takeaway

Los Osos is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Los Osos, CA

How much do homes in Los Osos, CA cost?

Median Sold Price

$871,000

$596/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$17,000(+2.0%)

Key Takeaway

Homes in Los Osos have sold for 2% more than they did a year ago.

Summary: The median home sold price in Los Osos was $871,000 in February 2024, up 2% from last year, and the median price per square foot was $596.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $850K$650K
-23.5%
2 $713.7K$765K
+7.2%
3 $875K$888.2K
+1.5%
4 $1.0M$1.4M
+40.5%
5+ $1.7M$1.2M
-26.8%

Summary: Los Osos housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.5%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 40.5%, and 5+ bedroom homes decreased by 26.8%.

Median Sold Price Compared To Nearby Cities

Los Osos
+2.0%
Morro Bay
+1.8%
North Coast
-1.4%

Housing Supply in Los Osos, CA

How many homes are available in Los Osos, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3331-6.1%

Summary: The Los Osos real estate market had 31 homes for sale in February 2024, a 6.1% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 32
-33.3%
2 1114
+27.3%
3 1512
-20.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Los Osos housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 27.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Los Osos, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Los Osos in February 2024, down by 22.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.

Days on Market for Los Osos, CA

How long does it take to sell a home in Los Osos, CA?

Average Sale Time

Feb 2023Feb 2024CHANGE
28 Days42 Days+49.3%

Summary: Homes in Los Osos had an average of 42 days on market in Feb 2024, up by 49.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Los Osos are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 7 homes were sold in Los Osos; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Los Osos, CA

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