Arroyo Grande Real Estate: Arroyo Grande Condo Market Update
Are you in the market for a condo in the Arroyo Grande CA (93420)? There are currently 23 condos (and PUDs) listed for sale in the Arroyo Grande real estate market.
2010 Snapshot – Arroyo Grande Foreclosure Market
Arroyo Grande, California foreclosure activity: There are 233 active and pending homes and condos in the city of Arroyo Grande. Of those 233 properties, 28 homes are foreclosures (12%) and 45 are short sales (19.3%). Looking back six months, there have been 153 sales in Arroyo Grande with an average listing price of $559, 854 and an average selling price of $534,838, so sellers are getting about 95.5% of their asking prices in Arroyo Grande indicating that there is some bargaining room for buyers in the Arroyo Grande market.
Arroyo Grande CA 2008 Market Update & Free MLS Listing Search
In 2008, a total of 276 homes and condos sold in Arroyo Grande, CA. 243 were single family homes, and 33 were condos or in planned unit developments. Average home price was approximately $648,000, $331 per sq ft., and sold after 130 days on market. The lowest resale home price was a 2 bedroom 2 bath bank owned twin home in an age restricted community that was 1064 sq. ft. and sold for $190,000. $650,000 would have purchased a 3 bedroom, 4 bath, 2330 sq. ft. lakeside home with granite countertops and a golf cart bay in the gated golf course community of Cypress Ridge.
Pismo Beach, Arroyo Grande & Grover Beach CA Foreclosure Market Update
There is a tremendous amount of interest in buying second homes in this market. Due to the financial and housing crisis, some are taking the opportunity to buy a vacation home on the central coast. Although, we have most certainly seen significant price reductions, foreclosure activity is relatively low in Pismo Beach, Arroyo Grande & Grover Beach compared to the nearby northern Santa Barbara communities of Santa Maria, Orcutt, & Lompoc.
Free Arroyo Grande Property Search
Have you visited the Historic Village of Arroyo Grande? Arroyo Grande has successfully cultivated a terrific downtown area with shops galore. Throughout the year, the Village hosts exciting entertainment events as well as fabulous food festivals. And, every Saturday there…
