Introduction
August 2025 brought some interesting shifts to the Paso Robles real estate market. While new listings dipped compared to last month and last year, pricing saw an unexpected rise—especially when compared to July. Here’s how the 93446 zip code shaped up:
Fewer Fresh New Listings
New Listings: 53 homes came to market in September
Down 23.7% from September 2024- Down 26.2% from 61 in August 2025
What this means: Fewer sellers listed their homes this month, which may reflect seasonal trends. It also means that Buyers had to work with a smaller pool of fresh listing options.
🏡 Active Listings & Sales
Active Listings: 192
- Up 17.1% YoY
No change from the 192 in August
Closed Sales: 57
- Up 46.2% YoY
Significantly up from 39 in July
Months of Supply: 4.8
- Up 14.3% YoY
No change from revised 4.8 months in July
What this means: Inventory is still elevated compared to last year, but the month-over-month trend suggests inventory stability, as we head into the traditionally slower home buying season. The significantly higher number of closed sales, month over month, indicate that Buyer demand hasn’t disappeared — but it’s focused on homes that are well-priced and market-ready. The recent drop in interest rates probably had something to do with increased demand.
Days Active
Median Days Active: 28 days
- Up 154.5% YoY
- Up from 24 days in August
Average Days Active: 45 days
- Up 164.7% YoY
- Up from 37 days in August
What this means: Homes in Paso Robles are taking noticeably longer to sell compared to both last year and last month. Buyers now have more time to shop and negotiate, while sellers face a market where overpricing leads to longer days on market. Pricing competitively and presenting a home well are the keys to standing out.
Median Home Prices
Median Sale Price: $710,000
📈 Up 5.1% YoY
📈 Down from $815,000 in August
- Median Price per Square Foot: $406
📈 Down 4.9% YoY
📈 Down from $434 in August
➡ What this means: The market still seems slightly stronger than last year, but September saw a seasonal correction or softening after August’s high. However, while median home prices are higher than last year, buyers are looking for value — not just paying top dollar per square foot.
📌 Bottom Line
Fewer new listings came to market, but overall inventory remains higher than last year.
Sales surged, with more closings than both last month and last year — showing buyers are still active.
Homes are taking longer to sell (both median and average days up), giving buyers more time and leverage.
Prices are mixed: Median home price is higher than last year but fell sharply from August, and the price per square foot is down year-over-year and month-over-month.
Months of supply held steady at 4.8, keeping the market in a balanced zone.
✨ Overall, the market is stabilizing:
Buyers enjoy more choices, longer timelines, and negotiating room.
Sellers can still achieve strong prices compared to 2024, but success now depends on realistic pricing and polished marketing.
Source: Infosparks, CRMLS
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Dorian Kisch | 805.600.0677
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