Real Estate Market Update for Arroyo Grande, CA
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 3% from one year earlier, and down 5% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 740-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 19%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 520-thousand dollars. The number of units sold increased 18% year-over-year, and increased 14% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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.
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Map Information for Arroyo Grande, CA
Area Information for Arroyo Grande, CA
  • Population: 17,767
  • Median Age: 46.04 yr
  • Median Commute Time: 20 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 3,044/sq mi
  • Population Change Since 2000: 13.73%
  • Closest Airport: San Luis County Regional
  • Closest College: California Polytech State University
  • Closest Jr. College: Cuesta College-san Luis Obispo Campus
  • Median Household Income: $64,695
  • Annual Residential Turnover: 17%
  • Median Home Sales Price: $473,500
  • Closest Major Sports Team: Bakersfield Blaze (a)
  • Change Avg. Household Income Since 2000: 35.86%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Arroyo Grande, CA
Median Age: 46.04 Married: 44% Number of Households: 7,324 Households with Children: 2,035
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Arroyo Grande, CA

      School Name Distance Type Grades School Rating Parent Rating
      Branch Elementary School 2.3 mi Public K-6 4 0
      Paulding Middle School 4.9 mi Public 7-8 3 0
      Pacific Coast Christian School 5.4 mi Private PRESCHOOL-K 0 0
      Santa Lucia Rop School 5.4 mi Public 9-12 0 0
      Central Coast New Tech High School 5.4 mi Public 9-11 4 4
      Valley View Adventist Academy 5.7 mi Private K-10 0 0
      Arroyo Grande High School 5.7 mi Public 9-12 3 4
      Arroyo Grande Montessori School 5.9 mi Private PRESCHOOL-K 0 0
      St. Patrick Parochial Elementary School 6.1 mi Catholic PRESCHOOL-8 0 0
      Harloe Elementary School 6.3 mi Public K-6 4 0
      Ocean View Elementary School 6.5 mi Public K-6 4 0
      Mesa Middle School 7.1 mi Public 7-8 2 0
      Coastal Christian School 7.2 mi Private K-12 0 0
      Lopez Continuation High School 8.3 mi Public 10-12 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Arroyo Grande, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.