Pango Group

Gardena, CA 90249

Single-Family Homes

www.pangogroup.com



Gardena, CA 90249

Fri Dec 14 2018
This week the median list price for Gardena, CA 90249 is $598,000 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has held steady at or around 23. Click here to stay informed with the Gardena market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Fri Dec 14 2018
This week the median list price for Gardena, CA 90249 is $598,000 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has held steady at or around 23. Click here to stay informed with the Gardena market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $598,000
Per Square Foot $438
Days on Market 59
Price Decreased 30%
Price Increased 0%
Relisted 0%
Inventory 23
Median House Rent $2,895
Most Expensive $799,999
Least Expensive $499,500
Market Action Index
Strong Seller's Market
45

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$650,000 1,738 4,500 - 6,500 sqft 3 2 63 0 0 43
$627,450 1,469 4,500 - 6,500 sqft 3 2 65 2 2 8
$579,499 1,140 4,500 - 6,500 sqft 2 1 70 1 1 63
$559,495 1,353 4,500 - 6,500 sqft 3 2 64 0 3 121