๐Ÿ“Š Updated weekly with real market data ยท Last updated: March 18, 2026 ยท Powered by FarmPosts
Market Report

Redondo Beach, CA Real Estate Market

4-week rolling average ยท Data through March 18, 2026 ยท ZIP 90277

$2.50M
Median Sale Price
$1.64M
Median List Price
13
Days on Market
Median Rent
$4K/mo
Median rental listing price
Rental Inventory
237
Active rental listings
๐Ÿ’ก
Key Market Insight

Redondo Beach (90277) is running hot with a market temperature score of 88 out of 100 and a median sale price of $2,495,000 as of March 2026. Homes are moving quickly with a median of just 13 days on market, signaling strong buyer demand against only 111 active listings. The median price per square foot stands at $1,071.43, reflecting the premium buyers are willing to pay for this coastal community.

๐Ÿฆ
30-Year Fixed Rate
6.1%

Market Activity

Active Inventory111
Price per Sq Ft$1071

By Bedroom

BedsSale PriceRent
1BR$830K$3K/mo
2BR$1.19M$4K/mo
3BR$1.85M$6K/mo
4BR$2.00M$8K/mo
5BR$3.25M$8K/mo
6BR$2.95Mโ€”
Market Temperature
Buyer's MarketBalancedSeller's Market
๐Ÿ”ฅ Hot โ€” Strong Seller's Market

What This Means For You

๐Ÿ Sellers

With a median sale price of $2,495,000 and homes spending only 13 days on market, sellers are in a strong position in this ZIP code. The market temperature of 88 out of 100 suggests now is a favorable time to list, as buyer competition remains intense against a limited inventory of 111 active homes.

๐Ÿ”‘Buyers

Buyers should be prepared to move decisively in 90277, where the median days on market is just 13 and the market is rated hot at a score of 88. With a median sale price of $2,495,000 and prices at $1,071.43 per square foot, having financing secured in advance is critical before making an offer.

๐Ÿ“ˆInvestors

The rental market in 90277 offers meaningful depth with 237 rental listings and a median rent of $3,650 per month, though investors should carefully evaluate cash flow against a median sale price of $2,495,000. Larger units show strong rental upside, with 4-bedroom rents reaching $7,776 and 5-bedroom units commanding $8,000 per month.

๐ŸฆRates

The current 30-year fixed mortgage rate of 6.11% and 15-year rate of 5.50% remain key factors in affordability calculations for a market where the median sale price is $2,495,000. Buyers weighing the two options should note the meaningful spread of 0.61 percentage points between loan terms, which can significantly affect monthly payments at this price point.

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Data sources: Rentcast ยท Zillow ยท Federal Reserve (FRED)

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