2011 Real Estate Market Update -- Grover Beach Home Sales

By
Real Estate Broker/Owner with Mint Properties, Lic. #01871795 Lic. #01871795

Grover Beach CA

2010

2011

Homes Sold

120

139

Average List Price

$346,246

$315,939

Average Sales Price

$337,805

$303,828

Days on Market

78

88

$ per Square Foot

$245

$217

Foreclosures

32

53

Short Sales

26

22


Looking at the sales figures for 2011, foreclosures increased a dramatic 65% over 2010, and there was a slight 15% decrease in short sales.   Average list price and sales price continued the trend we are seeing on the Central Coast overall with sellers getting the picture and decreasing average list prices by 8.8% and with overall sales prices decreasing 10% in Grover Beach.  Overall 53% of the sales reported in Grover Beach were distressed sales in 2011, which is not a great trend for stability in pricing.

If you are considering selling your Grover Beach CA home 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 home in Grover Beach CA, I will be happy to assist you and provide a list of available homes in Grover Beach 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, Lompoc, Nipomo, and Arroyo Grande on the Central Coast of California.

* Stick built SFRs & PUDs. Zip codes 93433.  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 *2011 Grover Beach Real Estate Market Update*


Posted by

Tni LeBlanc, Broker
(805) 878-9879 mobile/text

tni@mintprop.com
www.MintProp.com
CalBRE #01871795

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Rainer
71,755
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Tni,

Thanks for sharing this great report. I enjoy reading them from expert Santa Maria short sale agents such as yourself.

Apr 09, 2012 11:55 AM #1
Rainmaker
102,692
Stephanie Anson
Secure Investments Realty - Gainesville, FL
Estates | Homes | Land | Investments

Tni, thanks for updating us with this information. For those looking for top Santa Maria short sale agents, Tni is the one to contact!

Apr 14, 2012 10:23 AM #2
Ambassador
2,677,925
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hello Tni,another successful market report here.Definitely an A+ report.Really shows how good youre as Santa Maria Short Sale Agent.No wonder why people always request for your guidance.Best of luck!

 

Apr 28, 2012 06:16 PM #3
Rainmaker
262,323
Kim & Kristine Halverson
Compass - Santa Monica, CA
Sisters, Realtors

Hello Tni,what a wonderful market update on your area.Excellent work!Keep it up being the top one Santa Maria Short Sale Agent.

May 17, 2012 12:02 AM #4
Rainer
83,335
Jayne Clement
Keller Williams Realty - Los Feliz, CA
Los Angeles Short Sale Agents

Tni, Excellent Presentation here.Thanks for always updating us with your market.Definitely helpful and easy to understand.Stay the best Santa Maria Short Sale Agent.Wishing you more success to come.

 

Jun 08, 2012 03:46 PM #6
Rainmaker
709,157
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Tni,Glad your market is doing well.Excellent presentation here.It's always easy to understand and very organize.Great job!Keep it up being the best Santa Maria Short Sale Agent.

 
Sep 06, 2012 01:13 AM #7
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Rainmaker
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Tni LeBlanc, Realtor®, J.D.

Tenacious Tni (805) 878-9879
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