Is Gardena, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$532/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gardena was $750,000 in April 2024, up 2.9% from last year, and the median price per square foot was $532.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $377.5K | $580K | +53.6% |
2 Bedrooms | $584K | $577.5K | -1.1% |
3 Bedrooms | $747K | $775K | +3.7% |
4 Bedrooms | $837.4K | $832.5K | -0.6% |
5+ Bedrooms | $900K | $928.5K | +3.2% |
Summary: Gardena housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.6%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
Gardena | $729K | $750K | +2.9% |
Los Angeles | $978.8K | $986.4K | +0.8% |
Hawthorne | $872.5K | $870K | -0.3% |
Torrance | $1.0M | $1.0M | -6.4% |
Housing Supply in Gardena, CA
How many homes are available in Gardena, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 91 | +12.3% |
Summary: The Gardena real estate market had 91 homes for sale in April 2024, a 12.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 17 | 18 | +5.9% |
3 Bedrooms | 43 | 46 | +7.0% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Gardena 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 increased by 5.9%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 26 | +18.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Gardena in April 2024, up by 18.2% month-over-month. Of the 26 sold homes, 38% were sold under asking, 8% were sold at asking, and 54% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 23 Days | -36.6% |
Summary: Homes in Gardena had an average of 23 days on market in Apr 2024, down by 36.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in Gardena; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.