Pango Group

Gardena, CA 90248

Single-Family Homes

www.pangogroup.com



Gardena, CA 90248

Tue Jul 16 2024
This week the median list price for Gardena, CA 90248 is $849,999 with the market action index hovering around 64. This is an increase over last month's market action index of 60. Inventory has decreased to 5. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Gardena, CA 90248

Tue Jul 16 2024
This week the median list price for Gardena, CA 90248 is $849,999 with the market action index hovering around 64. This is an increase over last month's market action index of 60. Inventory has decreased to 5. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Gardena market.
Median List Price $849,999
Median Price of New Listings $2,375,000
Per Square Foot $570
Average Days on Market 57
Median Days on Market 28
Price Decreased 40%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent
Market Action 64
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$2,375,000 8,734 0.25 - 0.5 acre 4 3 64 1 0 189
$850,000 1,356 4,500 - 6,500 sqft 3 2 66 0 0 21
$849,999 1,650 4,500 - 6,500 sqft 3 3 62 0 0 28
$805,000 1,335 4,500 - 6,500 sqft 3 2 70 0 2 24