$25,000
9.23 Acres
Land
Marielle Epstein, Listing Office: 1st Point Realty
Is Llano, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 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
$405,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$60,000(-12.9%)
Key Takeaway
Homes in Llano have sold for 12.9% less than they did a year ago.
Summary: The median home sold price in Llano was $405,000 in November 2024, down 12.9% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $85K | -66.0% |
| 2 Bedrooms | - | $243K | N/A |
| 3 Bedrooms | $450K | $414K | -8.0% |
| 4 Bedrooms | $480K | $482.4K | 0.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Llano housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 66%, 2 bedroom homes did not change, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wrightwood | $440K | $455K | +3.4% |
| Pinon Hills | $440K | $450K | +2.3% |
| Llano | $465K | $405K | -12.9% |
Housing Supply in Llano, CA
How many homes are available in Llano, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Llano real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Llano housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
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 November 2024, the same as the previous 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 112 Days | +116.8% |
Summary: Homes in Llano had an average of 112 days on market in Nov 2024, up by 116.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Llano are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Llano; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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.