$3,690,000
Studio
HE GEORGE GAO, Listing Office: RE/MAX ELITE REALTY
Housing Prices in Pico-Union, CA
How much do homes in Pico-Union, CA cost?
Median List Price
$1,050,000
$480/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$206,000(+24.4%)
Key Takeaway
The list price of homes in Pico-Union has increased by 24.4% since last year.
Summary: The median home list price in Pico-Union was $1,050,000 in October 2024, up 24.4% from the previous year, and the median price per square foot was $480.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $459K | +19.2% |
| 2 Bedrooms | $529.9K | $615K | +16.0% |
| 3 Bedrooms | $682.4K | $827K | +21.2% |
| 4 Bedrooms | $895K | $1.0M | +15.6% |
| 5+ Bedrooms | $1.4M | $1.5M | +3.5% |
Summary: Pico-Union housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.2%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 3.5%.
Median List Price Compared To Nearby Neighborhoods
| Harvard Heights | $950K | $1.2M | +28.9% |
| Pico-Union | $844K | $1.0M | +24.4% |
| University Park | $1.9M | $2.0M | +6.0% |
Housing Supply in Pico-Union, CA
How many homes are available in Pico-Union, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 45 | +32.4% |
Summary: The Pico-Union real estate market had 45 homes for sale in October 2024, a 32.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 12 | 18 | +50.0% |
Summary: The Pico-Union housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Days on Market for Pico-Union, CA
How long does it take to sell a home in Pico-Union, CA?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 120 Days | 83 Days | -30.7% |
Summary: Homes in Pico-Union had an average listing age of 83 days in Oct 2024, down by 30.7% compared to the previous year.
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.