Introduction
The Paso Robles housing market continues to show steady spring activity, with increasing inventory, strong closed sales, and stable pricing. Compared to this time last year, the market is showing signs of improved balance, with more homes available and buyers moving at a more measured pace.
📊Paso Robles Market Snapshot
- New Listings: 64 (down from 66, in line with 64 last year)
- Active Listings: 179 (up from 161 and 167 last year)
- Pending Sales: 32 (down from 51 last month and last year)
- Closed Sales: 57 (just below 60 last month, up from 49 last year)
- Median Days on Market: 18 (up from 13 last month, down from 27 last year)
- Median Sale Price: $775,500 (up from $760,500 last month and $765,000 last year)
- Price per Sq. Ft.: $441 (down from $453 last month, slightly below $447 last year)
- Months of Supply: 4.0 (up from 3.5, slightly below 4.3 last year)
🪧New Listings
April 2026: 64
March 2026: 66
April 2025: 64
➡️ What This Means:
New listings dipped slightly from last month but are exactly in line with last year. This reflects a consistent seasonal pattern, with sellers entering the market at typical spring levels.
📈Active Listings
April 2026: 179
March 2026: 161
April 2025: 167
➡️ What This Means:
Inventory is increasing both month-over-month and year-over-year, giving buyers more choice than they’ve had recently. This is a key indicator that the market is shifting toward better balance.
📝Pending Sales
April 2026: 32
March 2026: 51
April 2025: 51
➡️ What This Means:
Pending sales dropped significantly compared to both last month and last year. Buyers are clearly more selective and deliberate, taking time to evaluate options rather than competing aggressively.
✅ Closed Sales
April 2026: 57
March 2026: 60
April 2025: 49
➡️ What This Means:
Closed sales remain strong, slightly down from last month but well above last year. This shows that while buyer activity has slowed at the contract stage, transactions are still closing at a healthy pace.
Home Prices
Median Sale Price
April 2026: $775,500
March 2026: $760,500
April 2025: $765,000
Average Sale Price
April 2026: $855,193
March 2026: $764,523
April 2025: $841,373
➡️ What This Means:
Pricing strengthened month-over-month and remains slightly above last year, reinforcing continued price stability with mild upward pressure. The jump in average price suggests a higher mix of premium homes closing this month.
📐Price Per Sq. Ft.
Median Price per Sq. Ft.
April 2026: $441
March 2026: $453
April 2025: $447
Average Price per Sq. Ft.
April 2026: $479
March 2026: $452
April 2025: $454
➡️ What This Means:
Price per square foot is mixed, with the median slightly down but the average up. This reflects changes in the mix of homes sold, not a clear shift in overall property values.
Days Active on Market
Median Days on Market
April 2026: 18
March 2026: 13
April 2025: 27
Average Days on Market
April 2026: 67
March 2026: 54
April 2025: 53
➡️ What This Means:
Homes are taking slightly longer to sell than last month, but still moving faster than last year at the median level. The higher average suggests a growing divide between well-priced homes that sell quickly and those that linger.
🏡Months of Supply
April 2026: 4.0
March 2026: 3.5
April 2025: 4.3
➡️ What This Means:
Supply is increasing from last month, signaling the market is moving closer to balance. However, it remains slightly tighter than last year, meaning pricing is still supported.
📊 Market Insight
The Paso Robles market is clearly transitioning into a more balanced phase, with rising inventory and more selective buyer behavior. While demand remains active, the pace has shifted from urgency to intentional decision-making.
In other words, the Paso Robles market isn’t slowing—it’s maturing into a more stable and sustainable environment.
📌 Bottom Line
Paso Robles continues to show strong fundamentals with steady pricing and active demand, even as conditions become more balanced.
Sellers still have opportunity—especially with strategic pricing.
Buyers have more choice—but well-positioned homes are still moving.
Data Source: Infosparks, CRMLS – 5/6/2026
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