Why Live in South Broad Street
South Broad Street in San Luis Obispo is a vibrant neighborhood with a mix of residential and commercial areas. The neighborhood features a variety of condominiums and townhouses built between 2007 and 2017, typically ranging from 1,500 to 2,000 square feet. Residents enjoy convenient access to local amenities, including the recently opened Duncan Alley, a renovated industrial complex that now serves as a social hub with the Ancient Owl Beer Garden & Bottle Shop and Croma Vera Wines. Marigold Center on Broad Street offers essential shopping options like Vons and CVS, along with dining spots such as Shalimar and Kumi Ko. For coffee and baked goods, BlackHorse Espresso and Bakery is a local favorite, while Beda’s Biergarten provides German cuisine and brews.
The neighborhood is part of the highly rated San Luis Coastal Unified District, with schools like Hawthorne Elementary, Laguna Middle, and San Luis Obispo High receiving strong ratings. Residents have access to several parks and recreational areas, including the 10-acre E.A. French Park and the South Hills Open Space, which offers trails and scenic views. The Downtown SLO Farmers Market and Concerts in the Plaza are popular community events, providing entertainment and local produce.
Transportation is convenient with Broad Street (State Route 227) leading 3 miles north to downtown, and nearby access to Highway 101 and Highway 1. The Amtrak station and Greyhound bus stop are 2 miles north, while the San Luis Obispo County Regional Airport is about 1.5 miles south, contributing some noise but not significantly affecting the area’s appeal.
Home Trends in South Broad Street, CA
On average, homes in South Broad Street, San Luis Obispo sell after 26 days on the market compared to the national average of 51 days. The median sale price for homes in South Broad Street, San Luis Obispo over the last 12 months is $860,000, up 17% from the median home sale price over the previous 12 months.
Median Sale Price
$860,000
Median Single Family Sale Price
$879,000
Median Townhouse Sale Price
$615,000
Median 2 Bedroom Sale Price
$735,000
Median 1 Bedroom Sale Price
$525,000
Average Price Per Sq Ft
$472
Number of Homes for Sale
4
Last 12 months Home Sales
17
Median List Price
$860,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
17%