Is Gardena, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$750,000
$525/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Gardena was $750,000 in March 2024, up 1.4% from last year, and the median price per square foot was $525.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $494.5K | +31.9% |
2 Bedrooms | $584K | $575K | -1.5% |
3 Bedrooms | $750K | $764.2K | +1.9% |
4 Bedrooms | $825K | $832.5K | +0.9% |
5+ Bedrooms | $865K | $989.5K | +14.4% |
Summary: Gardena housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.9%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 14.4%.
Median Sold Price Compared To Nearby Cities
Gardena | $740K | $750K | +1.4% |
Los Angeles | $988.7K | $975.9K | -1.3% |
Hawthorne | $890K | $865K | -2.8% |
Torrance | $1.0M | $1.0M | -7.8% |
Housing Supply in Gardena, CA
How many homes are available in Gardena, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 72 | -2.7% |
Summary: The Gardena real estate market had 72 homes for sale in March 2024, a 2.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 21 | 15 | -28.6% |
3 Bedrooms | 35 | 37 | +5.7% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Gardena housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 22 | +15.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Gardena in March 2024, up by 15.8% month-over-month. Of the 22 sold homes, 14% were sold under asking, 27% were sold at asking, and 59% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 23 Days | -43.0% |
Summary: Homes in Gardena had an average of 23 days on market in Mar 2024, down by 43% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in Gardena; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.