Home / Business and Economy / Coastal Charm Prevails: San Luis Obispo Bucks California's Housing Downturn
Coastal Charm Prevails: San Luis Obispo Bucks California's Housing Downturn
28 Oct
Summary
- San Luis Obispo home prices hit record high in October 2025
- Madera and Hanford see surprising price increases despite economic uncertainty
- California housing market overall remains in a "rut" with homes sitting on the market
According to the article, California's housing market remains in a "rut" as of October 2025, with homes sitting on the market for longer periods before being sold. The state's labor market has cooled, interest rates are high, and there is a general sense of economic uncertainty. However, two cities in the state appear to be bucking this trend - San Luis Obispo and Madera.
San Luis Obispo, a city on California's Central Coast, has seen its home prices continue to grow, reaching a record high of $1.1 million last month. The city is known for its pleasant Mediterranean climate, mission-style architecture, and nearby coastal attractions, which have contributed to its steady demand over the years. Unlike other areas that saw an influx of remote workers during the pandemic, San Luis Obispo has attracted a more consistent demographic of retirees and transplants from Southern California.
