Pango Group
Gardena, CA 90248
Single-Family Homes
www.pangogroup.com
Gardena, CA 90248
Thu Jun 08 2023
This week the median list price for Gardena, CA 90248 is $767,000 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has increased to 6.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.
Real-Time Market Profile
| Median List Price | $767,000 | |
| Median Price of New Listings | $749,900 | |
| Per Square Foot | $579 | |
| Average Days on Market | 27 | |
| Median Days on Market | 28 | |
| Price Decreased | 17% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 6 | |
| Median Rent | ||
| Market Action | 59 | |
| Strong Seller's Market | ||
Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.
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 |
|---|---|---|---|---|---|---|---|---|
| $925,000 | 1,735 | 4,500 - 6,500 sqft | 4 | 2 | 69 | 0 | 0 | 28 |
| $825,000 | 1,320 | 6,500 - 8,000 sqft | 3 | 2 | 64 | 0 | 1 | 7 |
| $767,000 | 1,348 | 4,500 - 6,500 sqft | 3 | 2 | 71 | 0 | 0 | 21 |
| $667,450 | 1,129 | 4,500 - 6,500 sqft | 3 | 1.5 | 69 | 1 | 0 | 42 |