Kay Thomas' Market Report

Redondo Beach, CA 90277

Single-Family Homes

kaye@kayethomas4homes.com | 310-721-7438



Redondo Beach, CA 90277

Mon Jun 17 2019
This week the median list price for Redondo Beach, CA 90277 is $1,969,500 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has held steady at or around 29. Click here to stay informed with the Redondo Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Redondo Beach, CA 90277

Mon Jun 17 2019
This week the median list price for Redondo Beach, CA 90277 is $1,969,500 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has held steady at or around 29. Click here to stay informed with the Redondo Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Redondo Beach market.
Median List Price $1,969,500
Per Square Foot $800
Days on Market 91
Price Decreased 34%
Price Increased 3%
Relisted 7%
Inventory 29
Median House Rent $5,198
Most Expensive $14,995,000
Least Expensive $1,139,000
Market Action Index
Strong Seller's Market
46

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
$3,450,000 5,261 6,500 - 8,000 sqft 5 5 64 1 2 147
$2,545,000 3,352 4,500 - 6,500 sqft 3 2 17 1 2 105
$1,750,000 2,277 6,500 - 8,000 sqft 3 1 34 1 0 63
$1,450,000 1,777 6,500 - 8,000 sqft 3 1 65 2 5 56