Pango Group

Gardena, CA 90249

Single-Family Homes

www.pangogroup.com



Gardena, CA 90249

Tue Aug 11 2020
This week the median list price for Gardena, CA 90249 is $672,500 with the market action index hovering around 48. This is an increase over last month's market action index of 42. Inventory has held steady at or around 14. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Gardena, CA 90249

Tue Aug 11 2020
This week the median list price for Gardena, CA 90249 is $672,500 with the market action index hovering around 48. This is an increase over last month's market action index of 42. Inventory has held steady at or around 14. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Gardena market.
Median List Price $672,500
Per Square Foot $498
Days on Market 95
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 14
Median Rent $2,850
Most Expensive $799,999
Least Expensive $560,000
Market Action 48
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$765,000 1,616 4,500 - 6,500 sqft 4 2 71 0 0 268
$699,000 1,370 4,500 - 6,500 sqft 3 2 65 1 1 44
$659,500 1,412 4,500 - 6,500 sqft 3 2 69 1 0 28
$612,450 1,202 4,500 - 6,500 sqft 3 2 65 1 2 70