2010 Snapshot - Arroyo Grande Foreclosure Market
By Tni LeBlanc, Realtor®, J.D., Tenacious Tni (805) 878-9879
(Mint Properties, Lic. #01871795)
Wondering what the market for home and condo foreclosures is like in Arroyo Grande? Here is your market snap shot answer: Shops in the Old Town Arroyo Grande Village Arroyo Grande, California foreclosure activity: There are 233 active and pending homes and condos in the city of Arroyo Grande. Of those 233 properties, 28 homes are foreclosures (12%) and 45 are short sales (19.3%). Looking back six months, there have been 153 sales in Arroyo Grande with an average listing price of $559, 854 and an average selling price of $534,838, so sellers are getting about 95.5% of their asking prices in Arroyo Grande indicating that there is some bargaining room for buyers in the Arroyo Grande market. Average days on market were a little over three months, at 101 days with $243 per square...
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