Is Hawthorne, 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, Hawthorne has remained a Seller's Market.
Housing Prices in Hawthorne, CA
How much do homes in Hawthorne, CA cost?
Median Sold Price
$875,000
$652/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Hawthorne was $875,000 in June 2024, up 2.6% from last year, and the median price per square foot was $652.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $815K | $840K | +3.1% |
2 Bedrooms | $727.5K | $786.6K | +8.1% |
3 Bedrooms | $835K | $872.5K | +4.5% |
4 Bedrooms | $961K | $999.9K | +4.0% |
5+ Bedrooms | $1.3M | $1.4M | +5.1% |
Summary: Hawthorne housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
Gardena | $721K | $760.3K | +5.5% |
Hawthorne | $853K | $875K | +2.6% |
South Bay Cities | $1.7M | $1.7M | +2.6% |
Lawndale | $796K | $808.6K | +1.6% |
Inglewood | $720K | $715K | -0.7% |
Housing Supply in Hawthorne, CA
How many homes are available in Hawthorne, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
66 | 73 | +10.6% |
Summary: The Hawthorne real estate market had 73 homes for sale in June 2024, a 10.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 40 | 41 | +2.5% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Hawthorne housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
18 | 18 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Hawthorne in June 2024, the same as the previous month. Of the 18 sold homes, 22% were sold under asking, 17% were sold at asking, and 61% were sold over asking.
Days on Market for Hawthorne, CA
How long does it take to sell a home in Hawthorne, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
36 Days | 25 Days | -31.8% |
Summary: Homes in Hawthorne had an average of 25 days on market in Jun 2024, down by 31.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 18 homes were sold in Hawthorne; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.