August has arrived with steady momentum along the South Bay coast, and if you've been watching the Redondo Beach 90277 market, there's plenty worth unpacking. As a Compass agent who works this zip code closely, I want to share what the current numbers are telling me and what they could mean for your next move.
The median asking price for single-family homes in 90277 is currently $2,250,000, with a median price per square foot of $1,106.66. These figures reflect what sellers are bringing to the table this month and give a strong baseline for understanding how the neighborhood is positioned. For my clients evaluating entry points into Redondo Beach, these numbers confirm that 90277 continues to command a premium reflective of its coastal lifestyle and strong local demand.
One of the most telling signals I watch is the relationship between available inventory and how long homes are sitting. Right now, there are 144 active listings in 90277, and the median days on market is 39. That pace tells me buyers are engaged and doing their homework, but they are not rushing without consideration. This is a deliberate market, not a chaotic one, and that creates real opportunity for thoughtful buyers and well-prepared sellers alike. On the rental side, 176 units are currently available, with a median rent of $4,000 per month, giving those not yet ready to purchase a viable option while they plan their next step.
The 30-year fixed mortgage rate is sitting at 6.7% as of August 2026. I won't sugarcoat it: financing costs remain a real factor in how my clients are structuring their budgets and timelines. What I am seeing, though, is that buyers who have done the work to get pre-approved and understand their numbers are moving with confidence. The buyers who are struggling are the ones waiting for perfect conditions rather than aligning strategy with today's reality.
Buyers: With 144 active listings and a 39-day median on market, you have room to be strategic and deliberate, but a clear plan and strong financing will still set you apart. Sellers: Pricing your home accurately to the current median asking price landscape of $2,250,000 is essential to attracting serious buyers who are active and ready in this market.
If you have questions about buying or selling in Redondo Beach 90277, I'd love to connect. Reach out to Ian Oh at Compass and let's build a strategy that fits where the market actually is today.
Thinking about listing? Let us talk through your timing.
Text Ian