Is Harbor Gateway, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harbor Gateway is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Harbor Gateway was a Seller's Market.

Key Takeaway

Harbor Gateway is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Harbor Gateway, CA

How much do homes in Harbor Gateway, CA cost?

Median Sold Price

$789,500

$543/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$39,500(+5.3%)

Key Takeaway

Homes in Harbor Gateway have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Harbor Gateway was $789,500 in December 2024, up 5.3% from last year, and the median price per square foot was $543.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$655K
N/A
2 $615K$651K
+5.9%
3 $745K$755K
+1.3%
4 $861.9K$835K
-3.1%
5+ $855K$1.1M
+28.7%

Summary: Harbor Gateway housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 28.7%.

Median Sold Price Compared To Nearby Neighborhoods

West Compton
+13.9%
Old Torrance
+8.2%
Willowbrook
+7.7%
Harbor Gateway
+5.3%
West Carson
-4.8%

Housing Supply in Harbor Gateway, CA

How many homes are available in Harbor Gateway, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3834-10.5%

Summary: The Harbor Gateway real estate market had 34 homes for sale in December 2024, a 10.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 1212
0.0%
4 1210
-16.7%
5+ 52
-60.0%

Summary: The Harbor Gateway housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 60%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
135-61.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harbor Gateway, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Harbor Gateway in December 2024, down by 61.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Harbor Gateway, CA

How long does it take to sell a home in Harbor Gateway, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
32 Days31 Days-3.5%

Summary: Homes in Harbor Gateway had an average of 31 days on market in Dec 2024, down by 3.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Harbor Gateway are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in Harbor Gateway; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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