Market Report

Redondo Beach, CA

Single-Family Homes

Chartwell Escrow



Redondo Beach, CA

Sat Mar 02 2024
This week the median list price for Redondo Beach, CA is $2,790,000 with the market action index hovering around 52. This is an increase over last month's market action index of 49. Inventory has decreased to 23. 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

Sat Mar 02 2024
This week the median list price for Redondo Beach, CA is $2,790,000 with the market action index hovering around 52. This is an increase over last month's market action index of 49. Inventory has decreased to 23. 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 $2,790,000
Median Price of New Listings $3,499,999
Per Square Foot $1,091
Average Days on Market 79
Median Days on Market 77
Price Decreased 30%
Price Increased 4%
Relisted 4%
Inventory 23
Median Rent
Market Action 52
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$4,199,888 3,870 4,500 - 6,500 sqft 6 6 26 2 0 119
$3,367,000 3,352 6,500 - 8,000 sqft 4 4 69 1 1 52
$2,255,000 2,714 4,500 - 6,500 sqft 4 3.5 22 0 2 105
$1,422,500 1,389 4,500 - 6,500 sqft 3 2 71 2 2 21