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

Fri Apr 18 2025
This week the median list price for Redondo Beach, CA 90278 is $1,602,000 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has decreased to 32. 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

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Redondo Beach, CA 90278

Fri Apr 18 2025
This week the median list price for Redondo Beach, CA 90278 is $1,602,000 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has decreased to 32. 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

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Redondo Beach market.
Median List Price $1,602,000
Median Price of New Listings $1,499,500
Per Square Foot $750
Average Days on Market 86
Median Days on Market 56
Price Decreased 47%
Price Increased 0%
Relisted 13%
Inventory 32
Median Rent
Market Action 45
Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

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
$2,219,500 2,599 6,500 - 8,000 sqft 4 4.5 1 1 1 136
$1,824,000 2,253 6,500 - 8,000 sqft 4 5 1 1 1 70
$1,299,000 2,144 6,500 - 8,000 sqft 3 2.5 37 1 2 49
$1,062,500 1,414 0.5 - 1 acre 2 1.5 41 1 1 31