Over the last 30 days, the South Arroyo market looked busy with 19 homes sold, an 11.8% increase from last week's report. In comparison, the El Sereno neighborhood had 47 sales in the same time frame, the most of all neighborhoods in the area. Prices were able to climb as this week's reported median sales price of $1,185,000 continued a four-week upswing. With just three months of inventory available and sales prices going up, South Arroyo is a seller's market.
If you are interested in an upscale house in South Arroyo, make sure you see some of these great listings: