Justin Tye

Redondo Beach, CA

Single-Family Homes

Active Realty I REAL



Redondo Beach, CA

Fri May 24 2024
This week the median list price for Redondo Beach, CA is $2,447,000 with the market action index hovering around 67. This is an increase over last month's market action index of 65. Inventory has increased to 24. 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

Fri May 24 2024
This week the median list price for Redondo Beach, CA is $2,447,000 with the market action index hovering around 67. This is an increase over last month's market action index of 65. Inventory has increased to 24. 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 $2,447,000
Median Price of New Listings $1,895,000
Per Square Foot $914
Average Days on Market 61
Median Days on Market 35
Price Decreased 33%
Price Increased 0%
Relisted 13%
Inventory 24
Median Rent
Market Action 67
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,762,444 4,052 4,500 - 6,500 sqft 5 5.5 25 1 1 35
$2,792,500 3,051 4,500 - 6,500 sqft 4 4 22 1 0 154
$2,297,000 2,561 4,500 - 6,500 sqft 4 3 64 3 1 10
$1,417,000 1,863 0 - 4,500 sqft 3 2 69 2 2 45