RE/MAX Estate Properties' Market Report

Redondo Beach, CA 90278

Condos/Townhomes

RE/MAX Estate Properties | 310-703-1900 | jsanders@eplahomes.com


Redondo Beach, CA 90278

Thu Aug 28 2025
This week the median list price for Redondo Beach, CA 90278 is $1,712,500 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has increased to 44. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Redondo Beach, CA 90278

Thu Aug 28 2025
This week the median list price for Redondo Beach, CA 90278 is $1,712,500 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has increased to 44. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Redondo Beach market.
Median List Price $1,712,500
Median Price of New Listings $1,101,650
Per Square Foot $753
Average Days on Market 76
Median Days on Market 42
Price Decreased 48%
Price Increased 0%
Relisted 14%
Inventory 44
Median Rent
Market Action 42
Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on 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
$2,195,000 2,736 6,500 - 8,000 sqft 4 3.5 0 0 0 35
$1,799,000 2,303 6,500 - 8,000 sqft 4 4 0 1 0 35
$1,469,000 2,120 6,500 - 8,000 sqft 4 3 11 0 0 70
$639,500 835 0.5 - 1 acre 1 1 18 1 4 42