Is Llano, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Llano has remained a Seller's Market.
Key Takeaway
Llano is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Llano, CA
How much do homes in Llano, CA cost?
Median Sold Price
$418,500
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Llano have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in Llano was $418,500 in June 2024, down 3.4% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | - | N/A |
| 2 Bedrooms | $289K | $243K | -15.9% |
| 3 Bedrooms | $439.8K | $402.5K | -8.5% |
| 4 Bedrooms | $490K | $475K | -3.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Llano housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.9%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pinon Hills | $440K | $437K | -0.7% |
| Wrightwood | $450K | $439.5K | -2.3% |
| Llano | $433.4K | $418.5K | -3.4% |
Housing Supply in Llano, CA
How many homes are available in Llano, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Summary: The Llano real estate market had 18 homes for sale in June 2024, a 20.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Llano housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Llano, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Llano in June 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Llano, CA
How long does it take to sell a home in Llano, CA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 41 Days | 42 Days | +2.4% |
Summary: Homes in Llano had an average of 42 days on market in Jun 2024, up by 2.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Llano has remained consistent over time.
Summary: During June 2024, 4 homes were sold in Llano; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.