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Beach Cities and South Bay Homes and Real Estate

Steve Enchin

Your Guide To The Best Of South Bay Living

Redondo Beach Weekly Real Estate Market Report​

Your Weekly Real Estate Market Report

For Redondo Beach 90277 Condos

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.

Get your own copy of my comprehensive weekly Market Update delivered to your email inbox every week and stay on top of changes in the Redondo Beach condominium real estate market

Have a look at the most recent condo and townhome sales in Redondo Beach

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Based on information from California Regional Multiple Listing Service, Inc.. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Listing Data last updated: 04/30/2024 03:00 PM
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