The Arroyo Grande market slowed with a 16.7% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 19.6 monthly average with 15 homes sold. Within the same time frame, San Luis Obispo had 32 sales, the most of all cities in the area. Prices are rising in Arroyo Grande, and the median sales price this period increased from $471,250 to $477,500. In spite of the decrease in sales, a low three months of inventory signals that Arroyo Grande is a seller's market.
Want to get a head start on other buyers? Check out these new listings in Arroyo Grande: