Redondo Beach

Redondo Beach is the largest market in the South Bay by volume and the beach city where the money goes furthest. Over the twelve months ending August 2026, detached homes sold at a median of $1,815,000 and $1,013 per square foot across 376 closed sales, in a median of 14 days at 99.4 percent of the original asking price, with 2.5 months of inventory, the thinnest supply of any South Bay city tracked on this site. The average, $2,081,851, sits close to the median, which tells you the city is priced more evenly than its neighbors: fewer trophy sales at the top, a deeper middle.

The city divides into north and south, and the two halves behave like separate markets that share a name. South Redondo holds the coast: the Esplanade, Riviera Village, King Harbor and the Avenues, where the Strand ends and the bluff begins. North Redondo is the larger inland half, where the housing mixes detached homes with the two-on-a-lot and townhome construction that gives the city its volume, and where a buyer can still find a house with a yard at a beach-city address. Schools are the Redondo Beach Unified School District, kindergarten through Redondo Union High School.

Chhabria Real Estate Company has sold on this coast since 1984. Raju Chhabria was the number one agent at Shorewood Realtors every year from 1995 to 2014, and the family has represented more than 130 transactions along The Strand and the Esplanade; Neil Chhabria leads the firm today with more than $375 million in career sales. What follows is the city as we price it: the numbers, the north and the south, how it compares with Manhattan and Hermosa, and where the inventory actually is.

Neighborhoods in Redondo Beach

Redondo Beach splits cleanly at Artesia Boulevard, and the two halves behave like separate markets.

What do homes cost in Redondo Beach?

Over the twelve months ending August 2026, detached homes in Redondo Beach sold at a median price of $1,815,000 and an average price of $2,081,851, across 376 closed sales. The average price per square foot was $1,013.

Average and median describe the same market differently. The average is every sale added together and divided by the number of sales, so a small number of high-value homes lifts it. The median is the middle sale, so the median stays closer to the typical home. Both are shown here. Why the two numbers differ, and which one to use.

How much inventory is there in Redondo Beach?

Redondo Beach carried 2.5 months of inventory over the twelve months ending August 2026, the tightest supply of any South Bay market tracked on this site. It also recorded the highest transaction volume, at 376 closed detached sales, against 270 in Manhattan Beach and 119 in Hermosa Beach.

High volume and low supply together mean homes in Redondo Beach turn over quickly relative to what is standing available. Detached homes sold in a median of 14 days at 99.4% of original list price.

Is Redondo Beach cheaper than Manhattan and Hermosa Beach?

The median detached sale in Redondo Beach was $1,815,000 over the twelve months ending August 2026, against $2,720,000 in Hermosa Beach and $3,800,000 in Manhattan Beach. Measured per square foot, Redondo Beach averaged $1,013 against $1,294 in Hermosa Beach and $1,643 in Manhattan Beach. Redondo Beach is the entry point to the South Bay beach cities on both measures.

What MLS areas make up Redondo Beach?

Redondo Beach divides between north and south. North Redondo covers MLS areas 151 (Villas North), 152 (Villas South), 153 (El Nido) and 154 (Golden Hills). South Redondo covers MLS areas 155 (north of Torrance Boulevard), 156 (south of Torrance Boulevard) and 157 (west of Pacific Coast Highway).

MLS area 128, Hollywood Riviera, sits inside the Torrance city line but trades with South Redondo, and a search fenced to the city of Redondo Beach will not return it.

South Bay life from Redondo Beach

Redondo carries the biggest music festival in the South Bay, the Lobster Festival, the Performing Arts Center and a three-acre fenced dog park at Dominguez Park. Most of it happens inland of the water or around the harbor rather than on the sand.

Working in Redondo Beach

Chhabria Real Estate Company has sold homes on the Palos Verdes Peninsula and in the Beach Cities since 1984. Raju Chhabria was the number one agent at Shorewood Realtors every year from 1995 to 2014, and Neil and Anand Chhabria carry that work forward here today. In Redondo Beach the north and south halves of the city are separate markets that share a name, and the first question on any valuation is which of the two a property sits in.

Source: California Regional MLS (CRMLS), via InfoSparks. Residential detached homes, rolling twelve months ending August 2026, reported by city. Refreshed quarterly. Market statistics describe cities and neighborhoods, not individual homes, and no figure here is an appraisal or opinion of value for any specific property.

North Redondo or South Redondo?

Redondo Beach splits into two markets that behave differently, and the distinction drives most buying decisions here. There is no official municipal boundary. The line is drawn by convention along 190th Street, Anita Street and Herondo Street, and the ZIP codes track it closely: 90278 north, 90277 south.

South Redondo Beach holds the coastline, the Pier, King Harbor, the Esplanade and Riviera Village. It sits inside the coastal zone, so some projects require a coastal development permit.

North Redondo Beach is inland, separated from the ocean by Hermosa Beach and Manhattan Beach. It is not in the coastal zone, which simplifies permitting. It carries a higher share of attached townhomes, and it is home to the South Bay Galleria and the Northrop Grumman Space Park campus.

One thing that surprises buyers: the middle school split does not follow the 190th Street line, and the district publishes no per-address elementary boundary map. Confirm any specific address against the district’s own boundary map rather than assuming.