Pango Group

Gardena, CA 90248

Single-Family Homes

www.pangogroup.com


Current active inventory in Gardena, CA 90248 is very low. Keep this in mind when looking at this report.

Gardena, CA 90248

Fri Apr 26 2024
This week the median list price for Gardena, CA 90248 is $950,000 with the market action index hovering around 60. This is less than last month's market action index of 62. Inventory has decreased to 3. Click here to stay informed with the Gardena market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Gardena, CA 90248

Fri Apr 26 2024
This week the median list price for Gardena, CA 90248 is $950,000 with the market action index hovering around 60. This is less than last month's market action index of 62. Inventory has decreased to 3. Click here to stay informed with the Gardena market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Gardena market.
Median List Price $950,000
Median Price of New Listings $0
Per Square Foot $504
Average Days on Market 56
Median Days on Market 35
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 60
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$2,500,000 7,734 0.25 - 0.5 acre 4 3 64 0 0 105
$950,000 1,883 4,500 - 6,500 sqft 3 2 62 0 0 35
$829,900 1,225 4,500 - 6,500 sqft 3 2 64 0 1 28