Is Llano, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Llano is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Llano was a Seller's Market.

Key Takeaway

Llano is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Llano, CA

How much do homes in Llano, CA cost?

Median Sold Price

$440,000

$236/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$25,500(+6.2%)

Key Takeaway

Homes in Llano have sold for 6.2% more than they did a month ago.

Summary: The median home sold price in Llano was $440,000 in October 2024, up 6.2% from last month, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $414.5K$440K
+6.2%
4 --
N/A
5+ --
N/A

Summary: Llano housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Llano
+6.2%
Pearblossom
-4.9%

Housing Supply in Llano, CA

How many homes are available in Llano, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1412-14.3%

Summary: The Llano real estate market had 12 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 22
0.0%
3 106
-40.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Llano housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Llano, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Llano in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Sep 2024Oct 2024CHANGE
38 Days19 Days-50.0%

Summary: Homes in Llano had an average of 19 days on market in Oct 2024, down by 50% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Llano are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Llano; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Llano, CA

Nearby Markets to Llano, CA

What housing markets are near Llano, CA?