REAL-TIME MARKET NUMBERS

Grover Beach, CA 93433

Single-Family Homes

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Grover Beach, CA 93433

Sun Apr 14 2024
This week the median list price for Grover Beach, CA 93433 is $799,000 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has increased to 15. 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 started cooling and prices have recently plateaued. Since 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.

Grover Beach, CA 93433

Sun Apr 14 2024
This week the median list price for Grover Beach, CA 93433 is $799,000 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has increased to 15. 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 started cooling and prices have recently plateaued. Since 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 Grover Beach market.
Median List Price $799,000
Median Price of New Listings $884,000
Per Square Foot $579
Average Days on Market 43
Median Days on Market 28
Price Decreased 27%
Price Increased 0%
Relisted 13%
Inventory 15
Median Rent
Market Action 52
Strong Seller's Market

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
$1,575,000 2,582 4,500 - 6,500 sqft 5 4 22 0 0 84
$902,000 1,611 6,500 - 8,000 sqft 3 2.5 36 2 2 14
$796,500 1,676 0 - 4,500 sqft 3 2.5 22 0 0 28
$695,000 1,146 4,500 - 6,500 sqft 3 2 42 0 0 17