Justin Tye

Redondo Beach, CA

Single-Family Homes

Active Realty I REAL



Redondo Beach, CA

Thu Feb 13 2025
This week the median list price for Redondo Beach, CA is $2,049,500 with the market action index hovering around 58. This is an increase over last month's market action index of 52. Inventory has increased to 26. 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

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

Thu Feb 13 2025
This week the median list price for Redondo Beach, CA is $2,049,500 with the market action index hovering around 58. This is an increase over last month's market action index of 52. Inventory has increased to 26. 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

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 $2,049,500
Median Price of New Listings $1,875,000
Per Square Foot $1,052
Average Days on Market 85
Median Days on Market 14
Price Decreased 31%
Price Increased 0%
Relisted 23%
Inventory 26
Median Rent
Market Action 58
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$3,924,500 3,250 6,500 - 8,000 sqft 5 3 51 1 0 7
$3,117,500 3,184 4,500 - 6,500 sqft 4 3.8 1 1 3 182
$1,899,000 1,656 4,500 - 6,500 sqft 3 2 74 3 4 7
$1,499,000 1,527 4,500 - 6,500 sqft 4 2 62 2 4 84