Is Harbor City, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Harbor City was a Seller's Market.
Key Takeaway
Harbor City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Harbor City, CA
How much do homes in Harbor City, CA cost?
Median Sold Price
$747,444
$501/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Harbor City has remained the same since last year.
Summary: The median home sold price in Harbor City was $747,444 in April 2024, down 0.3% from last year, and the median price per square foot was $501.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270.5K | $359K | +32.7% |
| 2 Bedrooms | $550K | $535K | -2.7% |
| 3 Bedrooms | $755K | $760K | +0.7% |
| 4 Bedrooms | $890K | $805K | -9.6% |
| 5+ Bedrooms | $987.5K | $1.0M | +7.8% |
Summary: Harbor City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.7%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Neighborhoods
| West Carson | $632.7K | $726K | +14.7% |
| Wilmington | $620K | $682.5K | +10.1% |
| San Pedro North | $705K | $738.5K | +4.8% |
| South East Torrance | $1.1M | $1.1M | +3.1% |
| Harbor City | $750K | $747.4K | -0.3% |
Housing Supply in Harbor City, CA
How many homes are available in Harbor City, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 37 | +23.3% |
Summary: The Harbor City real estate market had 37 homes for sale in April 2024, a 23.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 13 | 18 | +38.5% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Harbor City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harbor City, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Harbor City in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Harbor City, CA
How long does it take to sell a home in Harbor City, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 12 Days | +6.4% |
Summary: Homes in Harbor City had an average of 12 days on market in Apr 2024, up by 6.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Harbor City are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Harbor City; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.