๐Ÿ“Š Updated weekly with real market data ยท Last updated: August 28, 2026 ยท Powered by FarmPosts
Market Report

Redondo Beach, CA Real Estate Market

4-week rolling average ยท Data through August 28, 2026 ยท ZIP 90278

$1.50M
Median Sale Price
$1.39M
Median List Price
31
Days on Market
Median Rent
$4K/mo
Median rental listing price
Rental Inventory
134
Active rental listings
๐Ÿ’ก
Key Market Insight

ZIP code 90278 is running warm at a 72 out of 100 market temperature, with homes selling above list price at a median sale price of $1,499,000 compared to a median list price of $1,385,000. The median days on market sits at 31 days, signaling steady but not frantic demand. With only 138 active sales listings and 134 rental units available, supply remains tight across both markets.

๐Ÿฆ
30-Year Fixed Rate
6.7%

Market Activity

Active Inventory138
Price per Sq Ft$918

By Bedroom

BedsSale PriceRent
1BR$64K$2K/mo
2BR$849K$3K/mo
3BR$1.35M$5K/mo
4BR$1.69M$7K/mo
5BR$1.85M$9K/mo
7BR$1.39Mโ€”
Market Temperature
Buyer's MarketBalancedSeller's Market
๐ŸŒก๏ธ Warm โ€” Slight Seller Advantage

What This Means For You

๐Ÿ Sellers

Sellers are in a favorable position as homes are closing at $114,000 above the median list price on average, reflecting strong buyer competition in this zip code. At $918.04 per square foot, pricing your home strategically near market value is likely to attract serious offers within the 31-day median window.

๐Ÿ”‘Buyers

Buyers should expect to pay at or above asking price given that median sale prices are outpacing list prices by over $114,000 in this market. With only 138 active listings available, acting quickly and coming in with a competitive offer is essential, especially in the 3-bedroom range where the median sale price is $1,349,000.

๐Ÿ“ˆInvestors

The rent-to-price ratio in 90278 is compressed, with a median rent of $3,545 against a median sale price of $1,499,000, making cash flow a challenge for traditional buy-and-hold strategies. Investors targeting 2-bedroom units may find a slightly more accessible entry point at a $849,000 median sale price with rents around $2,900 per month.

๐ŸฆRates

The current 30-year fixed mortgage rate of 6.66 percent adds significant carrying cost on a $1,499,000 home, which buyers should carefully factor into their monthly budget. Those who qualify may want to explore the 15-year fixed option at 5.98 percent, which offers a lower rate though it comes with higher monthly principal payments.

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

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