George Fotion's Market Report

Redondo Beach, CA 90278

Single-Family Homes

Call Realty | www.BestPalosVerdesHomes.com | 310.346.6467



Redondo Beach, CA 90278

Mon Sep 21 2020
This week the median list price for Redondo Beach, CA 90278 is $1,224,500 with the market action index hovering around 80. This is less than last month's market action index of 81. Inventory has held steady at or around 18. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Redondo Beach, CA 90278

Mon Sep 21 2020
This week the median list price for Redondo Beach, CA 90278 is $1,224,500 with the market action index hovering around 80. This is less than last month's market action index of 81. Inventory has held steady at or around 18. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Redondo Beach market.
Median List Price $1,224,500
Per Square Foot $753
Days on Market 88
Price Decreased 28%
Price Increased 0%
Relisted 0%
Inventory 18
Median Rent $3,850
Most Expensive $1,749,000
Least Expensive $915,000
Market Action 80
Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.