With a population of around 15,000 residents, Pacific Grove is known by two nicknames, Butterfly Town U.S.A. and the Last Hometown. In winter, Monarch butterflies call Pacific Grove home. Thousands of them can be seen fluttering in the Monarch Butterfly Sanctuary off of Grove Acre Avenue. Pacific Grove (or PG as locals call it) truly does have a hometown feel. It’s close proximity to the ocean, top rated school system and walkability make it a highly desirable neighborhood. In Pacific Grove, Lover’s Point Park is a stunning landmark. It is along the Monterey Bike path which meanders along the coastal side of Pacific Grove. Asilomar State Beach is known to have some of the best waves in Monterey County year round, making it a surfer’s delight.
In 2020, there were 180 single family home sales and 153 in 2019. The average days on the market was only 33, just over half the average 60 days on market in 2019. Sale prices ranged from $525,000 to $3,995,000. The median sale price was $1,007,000 up from $965,000 in 2019. In 2020, there were 22 condominium and townhouse sales, one less than in 2019. Sale prices ranged from $499,000 to $2,500,000, with an average days on the market of 108 days in comparison to 67 in 2019. The median condominium and townhouse sale price was $1,088,000, slightly down from $1,158,000 in 2019. A new luxury condominium complex in Pacific Grove, the Holman Building, makes up a significant portion of the condo sales in 2020. Right next door to the Holman building on Lighthouse Avenue, a second luxury condominium building is under construction.
Favorite restaurants and places: La Mia Cucina, Red House Cafe, The Bookworks Coffee Shop, The Beach House, Lover’s Point, Pavel’s Backerei (bakery), The Monach Sanctuary, Coldwell Banker and Asilomar State Beach.