$500K  
The Grover Beach market is looking quite attractive. While sales came in at 12 homes sold over the last 30 days, price reductions are the highest they've been since November, with 21 reported over the same period. In comparison, San Luis Obispo led all other nearby municipalities with 20 price reductions. Potential buyers should note that there are now four months of inventory available in Grover Beach and prices have come down. The median sales price dropped to $495,000.
Comments:

Grover Beach is a somewhat affluent city in California with a median income of $47,559 per household. The population is also considered older than most with a median age of 36 years. It should be noted that 41.6% of the homes in Grover Beach are owned, while 47.3% are rentals. The top school in the city is Grover Heights Elementary School.
Comments:

$629K  
The Grover Beach market picked up in this week's report, as the number of sales went up to 13 homes sold over the last 30 days. In comparison, nearby San Luis Obispo had 57 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $505,000 over the latest reporting period for Grover Beach, down from $518,000. With only three months of inventory and rising sales, Grover Beach is a seller's market.
Comments:

$500K  
This week in the Grover Beach market, sales fell to 12 homes sold over the last 30 days, even as it endures a budding upward trend in price reductions, with 19 reported in the same time frame. Prices are falling in Grover Beach, and this period the median price of all sales fell from $532,250 to $518,000. There are only three months of inventory available in Grover Beach, so it's a seller's market, even with the decrease in sales.
Comments:

$998K  
The number of home sales in the Grover Beach market rose 15.4% to 15 homes over the last 30 days, coming close to the 17.5 monthly average for the last 12 months. At the same time, close-by San Luis Obispo reported 53 home sales, the highest number from all the surrounding cities. Prices were able to climb as this week's reported median sales price of $539,500 continued a four-week upswing. The rising prices, along with the fact that there are a lower-than-normal three months of inventory, drive home the fact that Grover Beach is a seller's market.
Comments:

$450K  
The Grover Beach market took a step back this week as sales fell to 13 homes sold over the last 30 days. However, the number of homes under contract shows an emerging upward trend, and is now at 21. Prices are falling in Grover Beach, and this period the median price of all sales fell from $557,500 to $539,500. There are only three months of inventory available in Grover Beach, so it's a seller's market, even with the decrease in sales.
Comments:

$897K  
The number of price cuts in the Grover Beach market climbed to 16 over the last 30 days, furthering a new positive trend. Even with the drops in list prices, sales remained the same with 14 homes sold. Potential buyers should note that prices went up in Grover Beach, with the median for this period rising from $540,000 to $557,500. In spite of flat sales, a low three months of inventory signals that Grover Beach is a seller's market.
Comments:

Grover Beach is a larger than average city in California with 13,156 residents. Also, it has seen a 1.4% increase in population over the last 10 years. The Grover Beach market primarily consists of detached houses, accounting for 85% of the current homes in the area. Heading the list of top schools in the city is Grover Heights Elementary School.
Comments:

$500K  
Over the last 30 days, the Grover Beach market showed strong improvement with 14 homes sold, closing in on the average sales volume for the prior 12 months. In comparison, nearby San Luis Obispo had 44 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $540,000, up from last week's $525,000. With just three months of inventory available and sales going up, Grover Beach is a seller's market.
Comments:

$409K  
The Grover Beach market stayed soft with 13 homes sold in the last 30 days, a 27.8% sales drop. In comparison, nearby San Luis Obispo had 38 sales in the same time frame, the most of all neighboring cities. A months of inventory number of three reported this week continued a four-week upward trend. In spite of the decrease in sales, the lack of inventory signals that Grover Beach is still a seller's market.
Comments:
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