Sales have ticked up to seven homes sold over the last 30 days in the North Arroyo market. But sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to 14 for the same period. Prices are falling in North Arroyo, and this period the median price of all sales fell from $1,441,400 to $1,165,000. Even after the uptick in sales, an elevated seven months of inventory tells us that North Arroyo is still a solid buyer's market.
Want to get a head start on other buyers? Check out these new listings in North Arroyo: