REAL-TIME MARKET NUMBERS

Grover Beach, CA 93433

Single-Family Homes

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Grover Beach, CA 93433

Wed Oct 04 2023
This week the median list price for Grover Beach, CA 93433 is $1,014,450 with the market action index hovering around 63. This is less than last month's market action index of 65. Inventory has decreased to 8. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Grover Beach, CA 93433

Wed Oct 04 2023
This week the median list price for Grover Beach, CA 93433 is $1,014,450 with the market action index hovering around 63. This is less than last month's market action index of 65. Inventory has decreased to 8. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Grover Beach market.
Median List Price $1,014,450
Median Price of New Listings $1,299,000
Per Square Foot $724
Average Days on Market 99
Median Days on Market 84
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 8
Median Rent
Market Action 63
Strong Seller's Market

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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
$2,032,000 3,114 4,500 - 6,500 sqft 4 4.5 0 0 0 112
$1,347,000 2,778 8,000 - 10,000 sqft 5 3.8 17 1 1 94
$714,450 937 4,500 - 6,500 sqft 2 1 56 0 2 161
$607,000 772 0 - 4,500 sqft 2 1 62 0 0 28