189 homes in near ACADEMY OF THE ARTS
Homes for Sale near ACADEMY OF THE ARTS
REDONDO BEACH, CA
About Homes near ACADEMY OF THE ARTS
These are homes for sale within about 2 miles of ACADEMY OF THE ARTS in REDONDO BEACH. The area around the school has 189 active listings.
ACADEMY OF THE ARTS Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.3 months of supply, yet 39% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.50M
↑ 1% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.3 months of supply
Tight Supply189 active listings against the current sales pace works out to about 2.3 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~48 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 40% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 51% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in ACADEMY OF THE ARTS Area
Homeownership is near the state average, with a balanced mix of owners and renters.
53%
Homeowners
47%
Renters
Homeownership is 2.5 points lower than the California average (55.5%)
28,547 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.2M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$3.0M)
Price Reductions
74 listings have reduced their price
39% of active listings
Average reduction: 6.3% (~$94K)
ACADEMY OF THE ARTS Area Market Overview
Listings on this page are selected by distance to ACADEMY OF THE ARTS, not by a confirmed attendance boundary. Confirm enrollment with the district. The ACADEMY OF THE ARTS area currently shows a median list price of $1.5M. Compared with REDONDO BEACH overall, that is a 3.3% discount. There are 189 homes currently listed for sale in the ACADEMY OF THE ARTS area. Over the last six months, the median price has eased about 7.6%, from $1.6M in February to $1.5M in July.
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Nearby Schools
Frequently Asked Questions about Homes near ACADEMY OF THE ARTS
How many homes are for sale in ACADEMY OF THE ARTS Area, CA?
There are currently 189 homes for sale in ACADEMY OF THE ARTS Area, ranging from $309,000 to $18,900,000. 22 of them hit the market within the last week.
What is the median home price in ACADEMY OF THE ARTS Area?
The median list price in ACADEMY OF THE ARTS Area is $1,495,000. Price per square foot averages $1001. Prices are up 0.8% compared to a year ago.
How fast do homes sell in ACADEMY OF THE ARTS Area?
Homes in ACADEMY OF THE ARTS Area currently average 48 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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