Pacific Grove Homes For Sale – What’s Selling in Pacific Grove, CA; July 7, 2011

Pacific Grove Homes For Sale

City	Pacific Grove, CA
Dates Analyzed	June 30 through July 7
Property Type	Single-Family Residential
# of Homes For Sale	88
Avg List Price	$                              1,200,641
Median List Price	$                                 729,450
# of Homes Sold	4
Avg Asking Price	$                                 618,250
Avg Sales Price	$                                 577,000
Achievement Rate	93%
Median Sales Price	$                                 534,000
Avg Days on Market	80
Notes	Homes for sale in Pacific Grove number 88.  With approximately 16 homes selling per month in Pacific Grove, there are about 5.5 months of inventory.  This is a great sign, indicating a seller’s market in Pacific Grove.  Achievement rate, percentage of asking price attained in sale, is healthy at 93%.  And homes are selling in just over 2 months.  I’m looking for Pacific Grove to have a strong Summer.