Garden Grove Real Estate Market Gets Price Cuts Bottom

There were 100 homes sold in the Garden Grove market over the last 30 days. During the same period, the number of price reductions fell to their lowest level since July at 64. During the same time frame, Long Beach had the most of any other neighboring municipalities with 348 price reductions. Prices are rising in Garden Grove, and the median sales price this period increased from $544,750 to $563,000. The rising sales and a low two months of inventory point to Garden Grove being a definite seller's market.

Want to get a head start on other buyers? Check out these new listings in Garden Grove:

$639K   $724K   $614K  

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Demographic facts for Garden Grove:

  • The population density is 9,524.6 people per square mile.
  • The lifestyle rating for this area is 71. (Scale: 1 = Worst, 100 = Best)
  • 75.5% of the residents travel to work in an automobile, 14.5% via carpool, and 4.2% by way of public transit.

Data reported through 10/13/2016


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Harcourts Premier Properties
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Realty One Group
Snapped 16 homes in this area

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