Is Paso Robles, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Paso Robles has remained a Seller's Market.
Housing Prices in Paso Robles, CA
How much do homes in Paso Robles, CA cost?
Median Sold Price
$691,388
$418/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Paso Robles was $691,388 in April 2024, up 3.3% from last year, and the median price per square foot was $418.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $482.8K | $270.5K | -44.0% |
2 Bedrooms | $440K | $448.5K | +1.9% |
3 Bedrooms | $660.9K | $669.6K | +1.3% |
4 Bedrooms | $848.5K | $870K | +2.5% |
5+ Bedrooms | $1.4M | $1.0M | -22.6% |
Summary: Paso Robles housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 22.6%.
Median Sold Price Compared To Nearby Cities
Templeton | $848.5K | $930K | +9.6% |
El Paso de Robles (Paso Robles) | $675K | $707.5K | +4.8% |
Paso Robles | $669.5K | $691.3K | +3.3% |
North Coast | $955.6K | $926.5K | -3.0% |
Cambria | $1.0M | $926.2K | -14.2% |
Housing Supply in Paso Robles, CA
How many homes are available in Paso Robles, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
210 | 215 | +2.4% |
Summary: The Paso Robles real estate market had 215 homes for sale in April 2024, a 2.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 34 | 32 | -5.9% |
3 Bedrooms | 100 | 96 | -4.0% |
4 Bedrooms | 49 | 58 | +18.4% |
5+ Bedrooms | 25 | 26 | +4.0% |
Summary: The Paso Robles housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 58 | +20.8% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 58 homes were sold or pending in Paso Robles in April 2024, up by 20.8% month-over-month. Of the 58 sold homes, 45% were sold under asking, 17% were sold at asking, and 38% were sold over asking.
Days on Market for Paso Robles, CA
How long does it take to sell a home in Paso Robles, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
72 Days | 37 Days | -48.7% |
Summary: Homes in Paso Robles had an average of 37 days on market in Apr 2024, down by 48.7% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 58 homes were sold in Paso Robles; 72% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.