Is Pico Robinson, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Pico Robinson has remained a Seller's Market.
Housing Prices in Pico Robinson, CA
How much do homes in Pico Robinson, CA cost?
Median Sold Price
$1,300,000
$750/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pico Robinson was $1,300,000 in April 2024, down 6.4% from last year, and the median price per square foot was $750.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.6M | $623.7K | -62.8% |
2 Bedrooms | $1.0M | $900K | -16.3% |
3 Bedrooms | $1.3M | $1.2M | -2.4% |
4 Bedrooms | $1.7M | $2.0M | +18.7% |
5+ Bedrooms | $2.4M | $2.4M | -1.2% |
Summary: Pico Robinson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.8%, 2 bedroom homes decreased by 16.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Neighborhoods
Beverlywood | $2.3M | $2.5M | +10.1% |
Pico Robinson | $1.3M | $1.3M | -6.4% |
Housing Supply in Pico Robinson, CA
How many homes are available in Pico Robinson, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 46 | +7.0% |
Summary: The Pico Robinson real estate market had 46 homes for sale in April 2024, a 7.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 8 | 5 | -37.5% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Pico Robinson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 9 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Pico Robinson in April 2024, down by 25.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Pico Robinson, CA
How long does it take to sell a home in Pico Robinson, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 49 Days | +66.2% |
Summary: Homes in Pico Robinson had an average of 49 days on market in Apr 2024, up by 66.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Pico Robinson; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.