REAL-TIME MARKET NUMBERS

Arroyo Grande, CA 93420

Single-Family Homes

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Arroyo Grande, CA 93420

Wed Dec 11 2024
This week the median list price for Arroyo Grande, CA 93420 is $1,590,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has increased to 48. 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.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Arroyo Grande, CA 93420

Wed Dec 11 2024
This week the median list price for Arroyo Grande, CA 93420 is $1,590,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has increased to 48. 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.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Arroyo Grande market.
Median List Price $1,590,000
Median Price of New Listings $1,295,000
Per Square Foot $650
Average Days on Market 101
Median Days on Market 63
Price Decreased 35%
Price Increased 2%
Relisted 0%
Inventory 48
Median Rent
Market Action 38
Slight Seller's Advantage

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$3,675,000 4,273 5 - 10 acres 4 4 21 0 0 157
$1,782,500 2,694 2.5 - 5 acres 4 3.5 27 2 0 63
$1,297,000 1,906 0.25 - 0.5 acre 3 2 39 4 1 45
$789,000 1,521 6,500 - 8,000 sqft 3 2 57 3 0 52