$10,000 Closing Credit*
$1,059,000
1,316 SqFt
3 Beds
•2 Full Baths, 1 Partial
Barbara Adler, Listing Office: Coldwell Banker Realty
Is Pico Robinson, 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, Pico Robinson was a Seller's Market.
Key Takeaway
Pico Robinson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pico Robinson, CA
How much do homes in Pico Robinson, CA cost?
Median Sold Price
$1,413,000
$717/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$61,000(+4.5%)
Key Takeaway
Homes in Pico Robinson have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Pico Robinson was $1,413,000 in November 2024, up 4.5% from last year, and the median price per square foot was $717.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.1M | $620K | -45.4% |
| 2 Bedrooms | $880K | $900K | +2.3% |
| 3 Bedrooms | $1.3M | $1.5M | +14.9% |
| 4 Bedrooms | $1.9M | $1.9M | -1.8% |
| 5+ Bedrooms | $2.4M | $2.5M | +4.1% |
Summary: Pico Robinson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.4%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 14.9%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Pico Robinson | $1.3M | $1.4M | +4.5% |
| Beverlywood | $2.3M | $2.3M | -1.1% |
Housing Supply in Pico Robinson, CA
How many homes are available in Pico Robinson, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 46 | +15.0% |
Summary: The Pico Robinson real estate market had 46 homes for sale in November 2024, a 15.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 17 | 14 | -17.6% |
| 3 Bedrooms | 8 | 14 | +75.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Pico Robinson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pico Robinson, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Pico Robinson in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 22 Days | +38.2% |
Summary: Homes in Pico Robinson had an average of 22 days on market in Nov 2024, up by 38.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pico Robinson are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Pico Robinson; 50% of homes were sold within 30 days, 50% 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.