George Fotion's Market Report

Redondo Beach, CA 90277

Single-Family Homes

Call Realty | www.BestPalosVerdesHomes.com | 310.346.6467



Redondo Beach, CA 90277

Mon Dec 11 2023
This week the median list price for Redondo Beach, CA 90277 is $3,072,500 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has decreased to 16. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Redondo Beach, CA 90277

Mon Dec 11 2023
This week the median list price for Redondo Beach, CA 90277 is $3,072,500 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has decreased to 16. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Redondo Beach market.
Median List Price $3,072,500
Median Price of New Listings $3,395,000
Per Square Foot $1,055
Average Days on Market 99
Median Days on Market 91
Price Decreased 38%
Price Increased 6%
Relisted 6%
Inventory 16
Median Rent
Market Action 51
Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

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
$5,492,500 5,080 6,500 - 8,000 sqft 6 5.5 29 0 1 108
$3,322,500 3,115 6,500 - 8,000 sqft 4 4 35 1 0 59
$2,794,000 3,193 4,500 - 6,500 sqft 4 3.5 48 0 2 91
$1,425,000 1,166 4,500 - 6,500 sqft 3 2 94 0 1 133