Is Hawthorne, 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, Hawthorne has remained a Seller's Market.
Housing Prices in Hawthorne, CA
How much do homes in Hawthorne, CA cost?
Median Sold Price
$870,000
$645/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hawthorne was $870,000 in April 2024, down 0.3% from last year, and the median price per square foot was $645.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $775K | $840K | +8.4% |
2 Bedrooms | $819K | $785K | -4.2% |
3 Bedrooms | $850K | $860K | +1.2% |
4 Bedrooms | $950K | $965.5K | +1.6% |
5+ Bedrooms | $1.2M | $1.2M | +2.6% |
Summary: Hawthorne housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
Lawndale | $767.5K | $815K | +6.2% |
Gardena | $729K | $750K | +2.9% |
Hawthorne | $872.5K | $870K | -0.3% |
South Bay Cities | $1.7M | $1.7M | -2.1% |
Inglewood | $734.9K | $706.9K | -3.8% |
Housing Supply in Hawthorne, CA
How many homes are available in Hawthorne, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 73 | +12.3% |
Summary: The Hawthorne real estate market had 73 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 | 6 | 6 | 0.0% |
3 Bedrooms | 40 | 39 | -2.5% |
4 Bedrooms | 13 | 22 | +69.2% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Hawthorne 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 remained the same, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 69.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 23 | +64.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Hawthorne in April 2024, up by 64.3% month-over-month. Of the 23 sold homes, 35% were sold under asking, 17% were sold at asking, and 48% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 36 Days | +25.0% |
Summary: Homes in Hawthorne had an average of 36 days on market in Apr 2024, up by 25% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Hawthorne; 78% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.