Ellis Posner
Redondo Beach, CA
Single-Family Homes
socalistings.com
Redondo Beach, CA
Tue Apr 22 2025
This week the median list price for Redondo Beach, CA is $2,349,000 with the market action index hovering around 70. This is an increase over last month's market action index of 64. Inventory has decreased to 27.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $2,349,000 | |
| Median Price of New Listings | $1,699,000 | |
| Per Square Foot | $1,059 | |
| Average Days on Market | 50 | |
| Median Days on Market | 14 | |
| Price Decreased | 19% | |
| Price Increased | 0% | |
| Relisted | 4% | |
| Inventory | 27 | |
| Median Rent | ||
| Market Action | 70 | |
| Strong Seller's Market | ||
The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they’re doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.
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 |
|---|---|---|---|---|---|---|---|---|
| $4,635,000 | 4,849 | 6,500 - 8,000 sqft | 5 | 5.3 | 28 | 0 | 1 | 56 |
| $3,300,000 | 3,365 | 6,500 - 8,000 sqft | 4 | 3.5 | 34 | 2 | 0 | 14 |
| $1,700,000 | 1,805 | 0 - 4,500 sqft | 3 | 2.5 | 51 | 4 | 3 | 0 |
| $1,499,000 | 1,300 | 4,500 - 6,500 sqft | 3 | 2 | 69 | 5 | 1 | 0 |