Redondo Beach Homes Are Sitting for Just 39 Days: What That Tells Buyers and Sellers Right Now

39 days. That is the median time a home sits on the market in Redondo Beach right now. It is not instant, but it is not slow either. Combined with 144 active listings and a median asking price of $2.25 million for single-family homes, this market is running warm. If you are trying to decide whether to buy or sell, that number is your starting point.

The Balance Has Shifted Toward Sellers, but Buyers Still Have Room

A 39-day median is telling me that demand is real and consistent. Homes are not piling up unsold, and sellers are not having to wait out months of silence. At the same time, 144 active listings means buyers have meaningful options to compare. This is not a one-sided market where you grab whatever is available. My clients on both sides of a transaction have leverage here, but sellers are holding a slightly stronger hand right now.

Asking prices reflect that warmth. The median sits at $1,107 per square foot, and the overall median asking price for single-family homes is $2.25 million. These are listing prices, and they reflect seller confidence in what the market will bear.

What the Bedroom Breakdown Reveals About Where Value Sits

If you are shopping by bedroom count, the price ladder in Redondo Beach has some sharp steps worth knowing. A 3-bedroom home is listed at a median of $1.55 million. Move to 4 bedrooms and you are at $2.25 million. That jump matters for budgeting. On the rental side, a 3-bedroom rents for a median of $5,995 per month, which gives investor clients a reference point when running numbers alongside current rates. The 30-year fixed rate is sitting at 6.7%, and the 15-year is at 6.0%, so financing costs are a real part of the calculation right now.

One figure that always gets my attention when I walk clients through this market is the jump from a 5-bedroom to a 6-bedroom home. The median asking price for a 5-bedroom is $1.85 million. For a 6-bedroom it rises to $2.8 million. That is a $950,000 step for a single bedroom, a 51% increase. If you are on the fence about whether you truly need that sixth bedroom, this market is saying the answer has a very real price tag attached.

How Redondo Beach Compares to the Neighborhood Next Door

Context matters when you are deciding where to plant your flag. Redondo Beach is sitting at the midpoint of the local price ladder at $1,107 per square foot. Manhattan Beach is above at $1,554, and San Pedro is below at $585. That positioning tells me Redondo Beach is still accessible relative to its immediate premium neighbor, while holding its own as a desirable coastal address.

One divergence worth flagging is what has happened between Redondo Beach and Hermosa Beach over the past year. Asking prices in Redondo Beach moved up 4.8%, while Hermosa Beach saw asking prices move in the opposite direction by 14.2%. That 19-point spread is significant. It suggests the demand holding up Redondo Beach pricing has not been evenly distributed across the South Bay coast.

The One Thing This Article Cannot Tell You

All of these figures paint a clear picture of the overall market, but they cannot tell you how a specific property is priced relative to its condition, location within the city, or how long it has actually been cycling on and off the market. That gap between the public data and the real story of a specific listing is exactly where I come in. If you are ready to think through a specific move, reach out and we will look at the details together.