REAL-TIME MARKET NUMBERS

Grover Beach, CA 93433

Single-Family Homes

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Grover Beach, CA 93433

Thu Dec 26 2024
This week the median list price for Grover Beach, CA 93433 is $850,000 with the market action index hovering around 39. This is less than last month's market action index of 42. Inventory has decreased to 16. Click here to stay informed with the Grover Beach 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Grover Beach, CA 93433

Thu Dec 26 2024
This week the median list price for Grover Beach, CA 93433 is $850,000 with the market action index hovering around 39. This is less than last month's market action index of 42. Inventory has decreased to 16. Click here to stay informed with the Grover Beach 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Grover Beach market.
Median List Price $850,000
Median Price of New Listings $1,450,000
Per Square Foot $486
Average Days on Market 57
Median Days on Market 39
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 16
Median Rent
Market Action 39
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. 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
$1,838,500 3,503 6,500 - 8,000 sqft 4 4.5 17 1 1 49
$972,450 2,168 8,000 - 10,000 sqft 4 3 42 0 1 105
$774,500 1,623 4,500 - 6,500 sqft 3 2.3 42 0 3 31
$584,944 1,149 0 - 4,500 sqft 2 1.5 45 0 1 17