February 2023 Arroyo Grande Housing Report

Arroyo Grande Median Home Prices decreased from last February to $790,000, 1.9% less than last year. There were 9 single-family homes sold during February, a 57.1% decrease from last February. The area supply of homes was 18 active listings on the market, which places inventory at 21.7% below a year ago. The market is tightening for buyers, with new listings lasting just 6 days on the market. Sellers, on average, are getting 103.8% of their asking price, and 50.0% 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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