Fri Apr 23 2021
This week the median list price for Redondo Beach, CA 90277 is $2,795,000 with the market action index hovering around 58. This is less than last month's market action index of 62. Inventory has held steady at or around 21.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$2,795,000|
|Per Square Foot||$942|
|Days on Market||21|
|Strong Seller's Market|
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$12,000,000||6,756||0.5 - 1 acre||5||7||26||0||0||70|
|$3,250,000||3,342||6,500 - 8,000 sqft||5||4||16||1||0||7|
|$2,499,000||2,819||4,500 - 6,500 sqft||4||4||62||3||2||0|
|$1,474,500||1,903||4,500 - 6,500 sqft||3||3||56||2||1||14|