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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hawthorne is a neutral's market

Buyer's
Market

Difference Since January 2022

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

Key Takeaway

Hawthorne is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Hawthorne, CA cost?

Median Sold Price

$889,610

$657/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$69,610(+8.5%)

Key Takeaway

Homes in Hawthorne have sold for 8.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $650K$775K
+19.2%
2 $760K$889.6K
+17.1%
3 $803K$850K
+5.9%
4 $900K$940K
+4.4%
5+ $885K$1.3M
+48.6%

Median Sold Price Compared To Nearby Cities

Lawndale
+16.5%
Inglewood
+8.9%
Hawthorne
+8.5%
South Bay Cities
+8.5%
Gardena
+7.0%

How many homes are available in Hawthorne, CA?

Number of Homes For Sale

Dec 2022Jan 2023%
5562+12.7%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 912
+33.3%
3 3133
+6.5%
4 67
+16.7%
5+ 910
+11.1%

Number of Homes Sold

Dec 2022Jan 2023%
169-43.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hawthorne, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
31 Days48 Days+52.0%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hawthorne 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 Hawthorne, CA

Homes for sale in Hawthorne, CA have reached 62. In January 2023 in Hawthorne, CA there were 12.7% more homes for sale than in December 2022. Listings spent 48 days on the market in January 2023, and had a median list price of $889,610 during the same period. Between December 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 19.2%, prices of 2 bedrooms properties went up by 17.1%, 3 bedrooms properties became 5.9% more expensive, prices of 4 bedrooms properties went up by 4.4%, 5 bedrooms properties became 48.6% more expensive. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 33.3%, 3 bedrooms homes inventory increased by 6.5%, 4 bedrooms homes inventory increased by 16.7%, the quantity of 5 bedrooms homes went up by 11.1%. In January 2023, from all listings sold in Hawthorne, CA there were more than 0 sold above asking price, over 7 sold below and more than 2 were sold right at the asked price.

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