Contracts Low Point in Pico-Robertson Real Estate Market

The Pico-Robertson market seems to be nearing a low, as the number of contracts executed fell to 14, the lowest levels since January. Meanwhile, sales came in at 33 homes sold over the last 30 days. In comparison, the South Los Angeles neighborhood had 112 contracts executed in the same time frame, the most of all close-by neighborhoods. Prices are falling in Pico-Robertson, and this period the median price of all sales fell from $923,500 to $922,000. There are only three months of inventory available in Pico-Robertson, so it's still seller's market, even with the shrinking contracts numbers.

Looking for a amazing deal on your next home? Take a look at these listings that recently had their prices slashed:

$950K   $2M   $759K  

Get started right now by checking out Pico-Robertson homes for sale or reviewing Pico-Robertson real estate trends.


Data reported through 10/12/2016

Comments:


©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.