Is Gardena, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Gardena has remained a Seller's Market.
Housing Prices in Gardena, CA
How much do homes in Gardena, CA cost?
Median Sold Price
$760,333
$542/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Gardena was $760,333 in June 2024, up 5.5% from last year, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $380K | $475K | +25.0% |
2 Bedrooms | $575K | $603K | +4.9% |
3 Bedrooms | $738.5K | $785K | +6.3% |
4 Bedrooms | $835K | $830K | -0.6% |
5+ Bedrooms | $952K | $999.9K | +5.0% |
Summary: Gardena housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
Gardena | $721K | $760.3K | +5.5% |
Los Angeles | $957.5K | $1.0M | +4.7% |
Hawthorne | $853K | $875K | +2.6% |
Torrance | $1.0M | $1.0M | -3.5% |
Housing Supply in Gardena, CA
How many homes are available in Gardena, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
95 | 103 | +8.4% |
Summary: The Gardena real estate market had 103 homes for sale in June 2024, a 8.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 21 | 20 | -4.8% |
3 Bedrooms | 44 | 53 | +20.5% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Gardena housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
26 | 28 | +7.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Gardena in June 2024, up by 7.7% month-over-month. Of the 28 sold homes, 25% were sold under asking, 21% were sold at asking, and 54% were sold over asking.
Days on Market for Gardena, CA
How long does it take to sell a home in Gardena, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
27 Days | 30 Days | +9.9% |
Summary: Homes in Gardena had an average of 30 days on market in Jun 2024, up by 9.9% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 28 homes were sold in Gardena; 79% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.