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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Harbor is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, The Harbor has remained a Seller's Market.

Key Takeaway

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

Housing Prices in The Harbor, CA

How much do homes in The Harbor, CA cost?

Median Sold Price

$800,897

$599/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,992(+5.4%)

Key Takeaway

Homes in The Harbor have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in The Harbor was $800,897 in November 2024, up 5.4% from last year, and the median price per square foot was $599.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $432.6K$449K
+3.8%
2 $615K$650K
+5.7%
3 $819.6K$856.3K
+4.5%
4 $910K$960K
+5.5%
5+ $1.0M$1.2M
+12.3%

Summary: The Harbor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 12.3%.

Median Sold Price Compared To Nearby Neighborhoods

Harbor City
+13.3%
The Harbor
+5.4%
San Pedro North
+4.7%

Housing Supply in The Harbor, CA

How many homes are available in The Harbor, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,4921,337-10.4%

Summary: The The Harbor real estate market had 1,337 homes for sale in November 2024, a 10.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 160156
-2.5%
2 425378
-11.1%
3 587503
-14.3%
4 241219
-9.1%
5+ 7981
+2.5%

Summary: The The Harbor housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.5%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 2.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
397309-22.2%

Asking Price vs. Sold Price

116 Homes Were Sold
Under Asking

44 Homes Were Sold
At Asking

149 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Harbor, you could pay more than the asking price. 48.2% of homes here sold above asking price last month.

Summary: A total of 309 homes were sold or pending in The Harbor in November 2024, down by 22.2% month-over-month. Of the 309 sold homes, 38% were sold under asking, 14% were sold at asking, and 48% were sold over asking.

Days on Market for The Harbor, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days33 Days+35.1%

Summary: Homes in The Harbor had an average of 33 days on market in Nov 2024, up by 35.1% compared to last year.

Breakdown of Home Sale Times

197 Homes Were Sold
Under 30 Days

87 Homes Were Sold
In 30 - 90 Days

25 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 309 homes were sold in The Harbor; 64% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 8% 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 24 Days Ago

Newest Listings in The Harbor, CA

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