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.
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
| 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 |