Pango Group

Redondo Beach, CA 90277

Single-Family Homes

www.pangogroup.com



Redondo Beach, CA 90277

Thu Dec 01 2022
This week the median list price for Redondo Beach, CA 90277 is $3,322,500 with the market action index hovering around 58. This is about the same as last month's market action index of 58. Inventory has decreased to 8. Click here to stay informed with the Redondo Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Redondo Beach, CA 90277

Thu Dec 01 2022
This week the median list price for Redondo Beach, CA 90277 is $3,322,500 with the market action index hovering around 58. This is about the same as last month's market action index of 58. Inventory has decreased to 8. Click here to stay informed with the Redondo Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the Redondo Beach market.
Median List Price $3,322,500
Median Price of New Listings $0
Per Square Foot $970
Average Days on Market 108
Median Days on Market 81
Price Decreased 38%
Price Increased 13%
Relisted 13%
Inventory 8
Median Rent
Market Action 58
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$11,797,000 10,005 0.5 - 1 acre 7 10.5 17 0 0 126
$3,459,500 3,911 4,500 - 6,500 sqft 4 5.5 2 0 0 129
$3,122,500 3,149 4,500 - 6,500 sqft 4 4 18 0 0 73
$2,560,000 3,846 6,500 - 8,000 sqft 4 5 37 0 1 101