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2012 Arroyo Grande CA Mid-Year Condo Real Estate Market Update

2012 Arroyo Grande CA Mid-Year Condo Real Estate Market Update

Wow, there is quite a decrease in prices in the Arroyo Grande condo market in these figures.  Average sales price decreased 21.6% and average asking price decreased 21.5% compared to the same period in 2011.  Days on market almost doubled.  Short sales numbers are identical, but the number of foreclosures dropped by 50% in these beginning year figures.  Number of units sold also decreased by 22%.  It will be interesting to see if the decline in prices continues through the end of 2012.

If you are considering selling your Arroyo Grande CA condo and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment.  I specialize in short sales and distress sales.  If you are interested in buying a condo in Arroyo Grande CA, I will be happy to assist you and provide a list of available condos in Arroyo Grande CA and the surrounding area.

Tni LeBlanc is an independent Real Estate Broker, Attorney, Short Sale Agent, Certified HAFA Specialist (CHS), and Certified Distressed Property Expert (CDPE) and Short Sale and Foreclosure Resource Agent (SFR) serving Santa Maria, Orcutt, Nipomo, and Arroyo Grande on the Central Coast of California.

* Condos & PUDs. Zip codes 93420.  Based on the information from the Central Coast Regional MLS. The Association, the Multiple Listing Service, nor Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the real estate market.  School district boundaries are subject to change and must be verified with the appropriate authority.  Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advice and is for information purposes only.  Those considering a short sale are advised to consult with their own attorney for legal advice, and their tax professional for tax advice prior to entering into a short sale listing agreement.

Copyright © 2012 Tni LeBlanc *2012 Arroyo Grande CA Mid-Year  Condo Real Estate Market Update*

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