Redondo Beach 90277 Housing Market Update — June 2026

Coastal demand in Redondo Beach is not slowing down. As someone who works this market every day, I can tell you that June 2026 is confirming what my clients have been feeling on the ground: ZIP code 90277 is one of the most competitive pockets of the South Bay, and the numbers back that up completely.

Prices Are Running Well Above List

The stat that stops people in their tracks is the gap between list and sale prices. The median list price sits at $1,650,000, yet the median sale price has reached $2,399,000. That spread is not a typo. It reflects a market where well-positioned homes are generating serious bidding competition and closing far above ask. At $1,086.96 per square foot, buyers are paying a coastal premium, and based on what I see at open houses and in offer reviews, they are willing to do it. The market temperature score of 81 puts 90277 firmly in hot territory.

Homes Are Moving Fast and Inventory Stays Tight

With a median of just 21 days on market, sellers in this ZIP are not waiting long for results. Active inventory stands at 158 homes, which sounds like a reasonable number until you factor in the pace of absorption happening alongside it. My clients who have been searching for a few months understand the urgency. When a well-priced home hits the market here, it draws attention quickly, and hesitation tends to cost buyers the deal. Speed and preparation matter more than ever in this environment.

The Rate Reality Buyers Are Working With

The 30-year fixed mortgage rate is currently at 6.5%, which adds real cost to purchases at these price points. Even so, demand in 90277 has not pulled back in any meaningful way. For buyers who are renting, the median rent in the area is $4,000 per month, and many of my clients are doing the math and deciding that owning still makes long-term sense even with today's rates. Every situation is different, but the rent-versus-own conversation is one I have regularly and it is worth having.

What This Means For You

If you are a buyer, get your financing fully in order before you start touring, because homes here simply will not wait. If you are a seller, the current spread between list and sale prices suggests that strategic pricing could drive strong competition and an above-ask result for your home.

I would love to help you navigate this market whether you are buying, selling, or just starting to think through your options. Reach out to Tony Kim at Compass and let's talk about what 90277 means for your specific goals.