Barry Brown

Arroyo Grande, CA

Single-Family Homes

Barry Brown Real Estate - Broker/Owner



Arroyo Grande, CA

Sun Mar 03 2024
This week the median list price for Arroyo Grande, CA is $1,274,500 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has increased to 26. Click here to stay informed with the Arroyo Grande market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Arroyo Grande, CA

Sun Mar 03 2024
This week the median list price for Arroyo Grande, CA is $1,274,500 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has increased to 26. Click here to stay informed with the Arroyo Grande market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Arroyo Grande market.
Median List Price $1,274,500
Median Price of New Listings $1,125,000
Per Square Foot $641
Average Days on Market 57
Median Days on Market 25
Price Decreased 27%
Price Increased 0%
Relisted 0%
Inventory 26
Median Rent
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,685,000 3,699 2.5 - 5 acres 3 4 27 2 0 28
$1,487,450 2,284 0.25 - 0.5 acre 3 2.5 50 1 1 66
$1,113,000 2,095 0.25 - 0.5 acre 3 2 47 1 0 28
$749,000 1,281 4,500 - 6,500 sqft 3 2 50 3 0 21