2011 Grover Beach Real Estate Market Update

Grover Beach CA

2010

2011

Homes Sold

120

139

Average List Price

$346,246

$315,939

Average Sales Price

$337,805

$303,828

Days on Market

78

88

$ per Square Foot

$245

$217

Foreclosures

32

53

Short Sales

26

22

Looking at the sales figures for 2011, foreclosures increased a dramatic 65% over 2010, and there was a slight 15% decrease in short sales.   Average list price and sales price continued the trend we are seeing on the Central Coast overall with sellers getting the picture and decreasing average list prices by 8.8% and with overall sales prices decreasing 10% in Grover Beach.  Overall 53% of the sales reported in Grover Beach were distressed sales in 2011, which is not a great trend for stability in pricing.

If you are considering selling your Grover Beach CA home and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment.  I specialize in short sales and distress sales.  If you are interested in buying a home in Grover Beach CA, I will be happy to assist you and provide a list of available homes in Grover Beach CA and the surrounding area.

Tni LeBlanc is an independent Real Estate Broker, Attorney, Short Sale Agent, Certified HAFA Specialist (CHS), and Certified Distressed Property Expert (CDPE) and Short Sale and Foreclosure Resource Agent (SFR) serving Santa Maria, Orcutt, Lompoc, Nipomo, and Arroyo Grande on the Central Coast of California.

* Stick built SFRs & PUDs. Zip codes 93433.  Based on the information from the Central Coast Regional MLS. The Association, the Multiple Listing Service, nor Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the real estate market.  School district boundaries are subject to change and must be verified with the appropriate authority.  Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advice and is for information purposes only.  Those considering a short sale are advised to consult with their own attorney for legal advice, and their tax professional for tax advice prior to entering into a short sale listing agreement.

Copyright © 2012 Tni LeBlanc *2011 Grover Beach Real Estate Market Update*

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