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 October 2023

At the same time last year, Los Osos was a Neutral 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

$870,000

$628/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,000(+1.5%)

Key Takeaway

Homes in Los Osos have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Los Osos was $870,000 in October 2024, up 1.5% from last year, and the median price per square foot was $628.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $650K$620K
-4.6%
2 $799.5K$730K
-8.7%
3 $867K$895K
+3.2%
4 $1.4M$1.1M
-20.7%
5+ $1.2M$1.3M
+10.4%

Summary: Los Osos housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Cities

Morro Bay
+4.4%
Los Osos
+1.5%
North Coast
0.3%

Housing Supply in Los Osos, CA

How many homes are available in Los Osos, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
37370.0%

Summary: The Los Osos real estate market had 37 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 2325
+8.7%
4 86
-25.0%
5+ 12
+100.0%

Summary: The Los Osos housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
716+128.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Los Osos, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Los Osos in October 2024, up by 128.6% month-over-month. Of the 16 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
12 Days27 Days+113.7%

Summary: Homes in Los Osos had an average of 27 days on market in Oct 2024, up by 113.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

3 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 October 2024, 16 homes were sold in Los Osos; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% 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 14 Days Ago

Newest Listings in Los Osos, CA

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