Market Report

Redondo Beach, CA 90278

Single-Family Homes

Chartwell Escrow



Redondo Beach, CA 90278

Sat Mar 02 2024
This week the median list price for Redondo Beach, CA 90278 is $1,950,000 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has decreased to 9. 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 90278

Sat Mar 02 2024
This week the median list price for Redondo Beach, CA 90278 is $1,950,000 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has decreased to 9. 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 $1,950,000
Median Price of New Listings $0
Per Square Foot $840
Average Days on Market 77
Median Days on Market 91
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent
Market Action 51
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$2,837,499 3,539 6,500 - 8,000 sqft 5 4 44 0 0 66
$2,255,000 2,714 4,500 - 6,500 sqft 3 5 9 0 0 52
$1,775,000 2,106 0 - 4,500 sqft 4 2.5 66 0 1 122
$1,299,000 1,175 4,500 - 6,500 sqft 3 2 71 0 0 98