Beach Cities and South Bay Homes and Real Estate
Redondo Beach Weekly Real Estate Market Report
Your Weekly Real Estate Market Report
For Redondo Beach 90277 Single Family Homes
Real Time Market Profile
This report graphic shows a summary of the current market and the trend lines, including key indicators we can use to forecast possible changes in the Redondo Beach real estate market.
Pay attention to the trend line for Average Days on Market, Inventory and Market Action.
A non-seasonal increase in Days on Market (DOM) could indicate some softness in the market; a drop in DOM points to a market that’s heating up.
Watch the inventory count for early indicators that sellers are returning to the market, and how fast. Rising inventory typically favors buyers, while tightening inventory favors sellers
The Market Action index is a snapshot of supply and demand and other indicators that tells us whether it’s a buyer’s or seller’s market, or if the market is heating up or cooling off. It Helps us quickly see where prices are going to
go in the future
The Market Action Index
An at-a-glance answer to “How’s the market?”. This is a proprietary index that lets you know if it’s a buyer’s or seller’s market and which way the market is headed.