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 October 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

$800,157

$597/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$46,382(+6.2%)

Key Takeaway

Homes in The Harbor have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in The Harbor was $800,157 in October 2024, up 6.2% from last year, and the median price per square foot was $597.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $430.4K$449K
+4.3%
2 $611.9K$650K
+6.2%
3 $810.6K$858.6K
+5.9%
4 $906.4K$954K
+5.2%
5+ $1.1M$1.1M
+8.8%

Summary: The Harbor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Neighborhoods

Harbor City
+14.0%
The Harbor
+6.2%
San Pedro North
+1.9%

Housing Supply in The Harbor, CA

How many homes are available in The Harbor, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,5041,498-0.4%

Summary: The The Harbor real estate market had 1,498 homes for sale in October 2024, a 0.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 170175
+2.9%
2 433422
-2.5%
3 592579
-2.2%
4 222237
+6.8%
5+ 8785
-2.3%

Summary: The The Harbor housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.9%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 2.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
372384+3.2%

Asking Price vs. Sold Price

147 Homes Were Sold
Under Asking

67 Homes Were Sold
At Asking

170 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. 44.3% of homes here sold above asking price last month.

Summary: A total of 384 homes were sold or pending in The Harbor in October 2024, up by 3.2% month-over-month. Of the 384 sold homes, 38% were sold under asking, 17% were sold at asking, and 44% 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

Oct 2023Oct 2024CHANGE
24 Days32 Days+32.7%

Summary: Homes in The Harbor had an average of 32 days on market in Oct 2024, up by 32.7% compared to last year.

Breakdown of Home Sale Times

240 Homes Were Sold
Under 30 Days

122 Homes Were Sold
In 30 - 90 Days

22 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 October 2024, 384 homes were sold in The Harbor; 63% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 6% 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 22 Days Ago

Newest Listings in The Harbor, CA

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