Real Estate Market Update for
93420 (Arroyo Grande, CA)
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Welcome to your monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 42% from one year earlier and up 6% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was just under 460-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 55% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 460-thousand dollars. Overall, The number of units sold Decreased 14% year-over-year and Increased 100% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 93420 (Arroyo Grande, CA)
Area Information for 93420 (Arroyo Grande, CA)
Community Character:Stable Population, Moderate Residential Turnover, Coastal Area
Population:29,141
Median Age:36.34 yr
Median Commute Time:18.42 mins
Educational Climate*:4
Recycling Likelihood**:113
Sales Tax:5%
Population Density:115/sq mi
Population Change Since 2000:18%
Closest Airport:San Luis County Regional
Closest College:Ca Polytechnic St U San Luis
Closest Jr. College:Allan Hancock College
Median Household Income:$69,471
Annual Residential Turnover:16.12%
Median Years in Residence:3.9 yr
Median Home Sales Price:$405,000
Closest Major Sports Team:Bakersfield Blaze (a)
Change Avg. Household Income Since 2000:39%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 93420 (Arroyo Grande, CA)
Median Age: 36.34Married: 49%Number of Households: 11,715Households with Children: 3,245
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)