Redondo Beach Housing Market Report – May 2026
Here's a look at how the Redondo Beach, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 71
- Median Sale Price: $1,525,000
- Average Sale Price: $1,583,891
- Average Price Per Sq Ft: $882
- Average Days on Market: 66
- Sale-to-List Price Ratio: 100.5%
Month-Over-Month Trends
Compared to April, the median sale price in Redondo Beach moved 2.0% down (from $1,555,555 to $1,525,000). The number of homes sold was 5.3% down compared to the prior month (75 vs. 71). Average days on market shifted 13.2% down (76 days to 66 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 1.6% down (from $1,550,000 to $1,525,000). Sales volume is 9.2% up year-over-year.
What This Means
Redondo Beach's housing market is showing subtle signs of cooling momentum as we head into summer. The median price dipped 2 percent month-over-month to $1.525 million, though year-over-year it's essentially flat, suggesting prices have stabilized rather than declined dramatically. What's more telling is the improvement in days on market, which fell from 76 to 66 days—a meaningful 13 percent drop that indicates homes are moving faster. This acceleration likely reflects typical seasonal demand kicking in as families prepare for summer moves, offsetting what could otherwise be a sluggish period.
The sale-to-list ratio of 100.5 percent tells an interesting story: homes are selling at essentially asking price, neither climbing above nor dropping below. This suggests we've reached an equilibrium where buyer and seller expectations are reasonably aligned. With 201 active listings on the market and inventory relatively healthy for the coastal South Bay area, buyers have choices without feeling desperate urgency to overpay.
The slight month-over-month dip in sales volume likely reflects normal seasonal variation rather than weakness. Overall, Redondo Beach appears to be in a balanced holding pattern—prices steady, homes selling at fair value, and transaction velocity improving. It's a measured, stable market rather than a frothy or distressed one.
Redondo Beach Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90278 | 43 | $1,525,000 | $821 | 60 |
| 90277 | 28 | $1,532,500 | $973 | 73 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| TOWNHOMES | 30 | $1,607,500 | $777 |
| SINGLE_FAMILY | 28 | $1,637,500 | $1,048 |
| CONDOS | 8 | $884,000 | $762 |
| CONDO | 3 | $1,082,000 | $779 |
| MULTI_FAMILY | 2 | $2,035,000 | $622 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 2 |
| $750K+ | 69 |
Current Active Listings
As of this report, there are 201 active listings in Redondo Beach with a median asking price of $1,599,000 and an average of 58 days on market.
Thinking About Selling Your Redondo Beach Home?
If you're a homeowner in Redondo Beach considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Redondo Beach and throughout Los Angeles County — get a no-obligation cash offer today.