For the first time since 2019, the median Central Coast home listing is sitting on the market for longer than 60 days. That single number — 60 days — tells you almost everything you need to know about where we are in the cycle.
In Paso Robles, $1.2 million gets you a 2,400-square-foot home on a quarter acre with a view of the vineyards and a pool. Two years ago, the same money bought you 1,800 square feet and no pool. In Morro Bay, $1.2M is a 1950s cottage with a partial ocean view and "good bones," which in realtor language means "bring your contractor." In SLO, it gets you a bidding war, same as always.