Is Hawaiian Gardens, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hawaiian Gardens is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hawaiian Gardens has remained a Seller's Market.

Key Takeaway

Hawaiian Gardens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hawaiian Gardens, CA

How much do homes in Hawaiian Gardens, CA cost?

Median Sold Price

$615,000

$518/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$66,000(-9.7%)

Key Takeaway

Homes in Hawaiian Gardens have sold for 9.7% less than they did a month ago.

Summary: The median home sold price in Hawaiian Gardens was $615,000 in October 2024, down 9.7% from last month, and the median price per square foot was $518.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$378K
N/A
2 $605K$549K
-9.3%
3 $710K$675K
-4.9%
4 -$755K
N/A
5+ --
N/A

Summary: Hawaiian Gardens housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hawaiian Gardens, CA

How many homes are available in Hawaiian Gardens, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1512-20.0%

Summary: The Hawaiian Gardens real estate market had 12 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 96
-33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Hawaiian Gardens housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hawaiian Gardens, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Hawaiian Gardens in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for Hawaiian Gardens, CA

How long does it take to sell a home in Hawaiian Gardens, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
12 Days23 Days+87.4%

Summary: Homes in Hawaiian Gardens had an average of 23 days on market in Oct 2024, up by 87.4% compared to last month.

Breakdown of Home Sale Times

5 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 Hawaiian Gardens are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in Hawaiian Gardens; 71% of homes were sold within 30 days, 29% 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 16 Days Ago

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