December 2022 Arroyo Grande Housing Report

Arroyo Grande Median Home Prices are up from last December to $1,220,000, +31.9% more than last year. There were 15 single-family homes sold during December, a 40% decrease from last December. The area supply of homes was 24 active listings on the market, which places inventory at 26.3% above a year ago. The market is easing for buyers, with new listings lasting 39 days on the market. Sellers, on average, are getting 98.6% of their asking price, and 62.5% of sellers had to make a price reduction from the original list price to get their homes sold. Please contact me for a Market Report for your area! And if you’d like a report that shows the leading indicators as to where the market is headed over the next 30 to 90 days in your area, sign up for free! Just click on the link below, and you will be taken to the Arroyo Grande Report then place your city or zip code in the Search Box at the top of the page!

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Barry Brown

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