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Arroyo Grande, CA Real Estate News

By Abraham Chaffin, Cambria Real Estate
(Sand Shell Realty)
The Mustang Water Slides and Lopez Lake Recreation Area in Arroyo Grande California Set in the oaks covered hills of Los Padres National Forest, Lopez Lake is an enjoyable spot for fishing, boating, windsurfing, jet skiing, camping, hiking, barbeques and of course the Mustang Water Slides. There is a marina with launch ramp, food store, tackle shop, and boat rentals operating year round. Arroyo Grande and the Central Coast offers temperate climate year round and makes Lopez Lake a great place to camp or park your RV if you are exploring the other great activities on the Central Coast. The Mustang Water Slides are at the heart of Lopez Lake. As a child I can remember the exhilaration of going down the two water slides at the park over the years, but now they have added a giant kiddies se...
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By Sherry Peckhoon Sim, Broker/Owner, Covering the Beautiful Central Coast
(Sims & Company)
  ARROYO GRANDE REVIEW OF SINGLE-FAMILY RESIDENTIAL SALES: 1ST QUARTER 2007 VS. 2006YEARSALESHIGHLOWMEDIANCDOMAVG SPSP/LP%200679$2,000,000.00 $262,000.00 $830,000.00 83$839,990.00 96.50%200772$1,750,000.00 $261,131.00 $635,000.00 144$712,753.00 95.40%         -7  ($195,000.00)61($127,237.00)-1.10%         -8.86%  -23.49%73.49%-15.15%   SUMMARYFor the first three months this year, not only did sales of single-family (stick-built) homes and median home sale prices decline, a seller also took considerably more time to sell a home in Arroyo Grande. When we compare the home sales of first quarter of 2007 to the same period in 2006, we see a decrease of almost 9% in the single-residential home sales.  At the same time, the median home price suffered an almost 24% drop, to $635,000.  Compoundi...
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