REAL-TIME MARKET NUMBERS

Arroyo Grande, CA 93420

Single-Family Homes

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Arroyo Grande, CA 93420

Thu Dec 26 2024
This week the median list price for Arroyo Grande, CA 93420 is $1,597,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 46. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 93420

Thu Dec 26 2024
This week the median list price for Arroyo Grande, CA 93420 is $1,597,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 46. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $1,597,000
Median Price of New Listings $1,695,000
Per Square Foot $640
Average Days on Market 115
Median Days on Market 84
Price Decreased 39%
Price Increased 2%
Relisted 0%
Inventory 46
Median Rent
Market Action 36
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$3,600,000 5,200 5 - 10 acres 4 4 22 1 3 182
$1,820,000 2,524 1 - 2.5 acres 4 3.5 27 1 2 56
$1,357,500 2,077 0.5 - 1 acre 3 2 41 1 1 59
$817,000 1,631 4,500 - 6,500 sqft 3 2 51 0 3 91