Sherif Tewfik's Real Estate Market Report

Redondo Beach, CA 90277

Single-Family Homes

www.SherifTewfik.com | 310-694-4671 | sherif@strandhill.com


Redondo Beach, CA 90277

Mon May 25 2026
This week the median list price for Redondo Beach, CA 90277 is $2,575,000 with the market action index hovering around 64. This is an increase over last month's market action index of 56. Inventory has decreased to 17. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Redondo Beach, CA 90277

Mon May 25 2026
This week the median list price for Redondo Beach, CA 90277 is $2,575,000 with the market action index hovering around 64. This is an increase over last month's market action index of 56. Inventory has decreased to 17. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Redondo Beach market.
Median List Price $2,575,000
Median Price of New Listings $2,049,499
Per Square Foot $1,095
Average Days on Market 58
Median Days on Market 14
Price Decreased 29%
Price Increased 0%
Relisted 6%
Inventory 17
Median Rent
Market Action 64
Strong Seller's Market

Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

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
$4,298,888 3,648 6,500 - 8,000 sqft 4 3 18 0 0 35
$2,974,450 3,100 4,500 - 6,500 sqft 4 3 54 0 1 59
$2,298,500 1,701 4,500 - 6,500 sqft 3 1.3 70 1 1 10
$1,392,000 1,089 0 - 4,500 sqft 1 1.5 90 1 1 14