Is Gardena, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gardena is a buyer's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Gardena was a Seller's Market.

Key Takeaway

Gardena is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Gardena, CA cost?

Median Sold Price

$749,950

$528/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$48,950(+7.0%)

Key Takeaway

Homes in Gardena have sold for 7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $315K$370K
+17.5%
2 $520K$592K
+13.8%
3 $738K$769.5K
+4.3%
4 $800K$800K
0.0%
5+ $950K$820K
-13.7%

Median Sold Price Compared To Nearby Cities

Torrance
+11.8%
Hawthorne
+8.5%
Los Angeles
+7.6%
Gardena
+7.0%

How many homes are available in Gardena, CA?

Number of Homes For Sale

Dec 2022Jan 2023%
6557-12.3%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 1511
-26.7%
3 4137
-9.8%
4 77
0.0%
5+ 22
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
207-65.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gardena, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
20 Days35 Days+76.7%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gardena are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Gardena, CA

Number of homes for sale in Gardena, CA real estate market have reached 57. The inventory of homes for sale in Gardena, CA between December 2022 and January 2023 decreased by 12.3%. While the average time on the market in January 2023 was 35 days, the median list price was $749,950. This housing market listing prices have changed between December 2022 and January 2023: 1 bedroom properties became 17.5% more expensive, 2 bedrooms properties became 13.8% more expensive, prices of 3 bedrooms properties went up by 4.3%, prices of 4 bedrooms properties remained the same, 5 bedrooms properties became 13.7% more cheaper. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes became 26.7% less available, volume of 3 bedrooms homes went down by 9.8%, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes have not changed. Over 3 listings were sold over their listed price in January 2023 in Gardena, CA. In the same period over 3 listings were sold below the listed price and 1 listings were sold for the listed price.

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