Is Grover Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Grover Beach was a Seller's Market.
Housing Prices in Grover Beach, CA
How much do homes in Grover Beach, CA cost?
Median Sold Price
$768,000
$529/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Grover Beach was $768,000 in March 2024, up 7.8% from last year, and the median price per square foot was $529.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $415K | $537.5K | +29.5% |
2 Bedrooms | $550K | $600K | +9.1% |
3 Bedrooms | $730K | $807.5K | +10.6% |
4 Bedrooms | $903K | $960K | +6.3% |
5+ Bedrooms | $1.2M | $931K | -23.7% |
Summary: Grover Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.5%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 23.7%.
Median Sold Price Compared To Nearby Cities
Arroyo Grande | $840K | $1.0M | +23.2% |
Grover Beach | $712.5K | $768K | +7.8% |
Pismo Beach | $1.2M | $1.2M | +6.3% |
Oceano | $657.5K | $588K | -10.6% |
Housing Supply in Grover Beach, CA
How many homes are available in Grover Beach, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Summary: The Grover Beach real estate market had 30 homes for sale in March 2024, a 3.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 6 | -33.3% |
3 Bedrooms | 16 | 20 | +25.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Grover Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 3 | -72.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Grover Beach in March 2024, down by 72.7% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Grover Beach, CA
How long does it take to sell a home in Grover Beach, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 125 Days | +141.4% |
Summary: Homes in Grover Beach had an average of 125 days on market in Mar 2024, up by 141.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Grover Beach; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.