Barry Brown

Arroyo Grande, CA

Single-Family Homes

Barry Brown Real Estate - Broker/Owner


Arroyo Grande, CA

Mon Dec 04 2023
This week the median list price for Arroyo Grande, CA is $1,149,000 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has decreased to 23. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Arroyo Grande, CA

Mon Dec 04 2023
This week the median list price for Arroyo Grande, CA is $1,149,000 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has decreased to 23. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Arroyo Grande market.
Median List Price $1,149,000
Median Price of New Listings $786,950
Per Square Foot $624
Average Days on Market 77
Median Days on Market 56
Price Decreased 43%
Price Increased 0%
Relisted 9%
Inventory 23
Median Rent
Market Action 49
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$2,700,000 3,266 10 - 20 acres 3 3.5 66 1 1 28
$1,412,500 2,136 0.25 - 0.5 acre 3 2.3 52 0 2 52
$989,000 1,775 4,500 - 6,500 sqft 3 2.3 31 0 1 66
$787,450 1,388 4,500 - 6,500 sqft 3 2 58 3 0 73