Why Live in Downtown San Luis Obispo
Downtown San Luis Obispo is a vibrant neighborhood known for its community-focused atmosphere and absence of chain restaurants, promoting local businesses and pedestrian traffic. Kreuzberg California offers house-roasted coffee by day and transforms into a lounge at night, while Giuseppe's Cucina Rustica is popular for its wood-fired pizza and gelato. Novo Restaurant & Lounge provides globally inspired dishes with outdoor seating by the San Luis Obispo Creek. The area is dog-friendly, with many restaurants allowing pets and providing water bowls. Local boutiques like Pippa & Ky and Blackwater offer unique clothing and home decor, while Phoenix Books caters to book lovers. For groceries, residents frequent San Luis Oriental Market and Smart & Final Extra!. Housing options include Victorian and Craftsman homes, upscale brownstones, and luxury condos. Schools in the area are highly rated, including Hawthorne Elementary, Laguna Middle, San Luis Obispo High, and Mission College Preparatory Catholic High School. Parks such as Mitchell Park and Emerson Park provide green spaces and recreational facilities, while Cerro San Luis and Terrace Hill Open Space offer hiking trails with scenic views. The neighborhood is bike-friendly, with expanded bike lanes and medians, and has convenient access to Highway 1, Highway 101, and public transportation options like Amtrak and Greyhound. The San Luis Obispo County Regional Airport is 3 miles south. Popular events include the weekly Downtown SLO Farmers Market and Concerts in the Plaza, held at Mission Plaza. Cultural attractions include Mission San Luis Obispo de Tolosa, the San Luis Obispo Museum of Art, and the Fremont Theatre.
Home Trends in Downtown San Luis Obispo, CA
On average, homes in Downtown San Luis Obispo, San Luis Obispo sell after 44 days on the market compared to the national average of 51 days. The median sale price for homes in Downtown San Luis Obispo, San Luis Obispo over the last 12 months is $1,254,000, up 15% from the median home sale price over the previous 12 months.
Median Sale Price
$1,254,000
Median Single Family Sale Price
$1,415,000
Median Townhouse Sale Price
$1,214,500
Median 2 Bedroom Sale Price
$825,000
Median 1 Bedroom Sale Price
$899,000
Average Price Per Sq Ft
$793
Number of Homes for Sale
13
Last 12 months Home Sales
43
Median List Price
$1,387,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
15%