El Segundo real estate overview 2022

Q2 Recap – El Segundo Real Estate

The story of El Segundo in Q2 of 2020 was much like the rest of the world…..deeply impacted by the pandemic.  Home sales were very slow due in large part to the uncertainty caused by the coronavirus.  April-June saw only 22 total home sales in El Segundo compared with 49 in the same months a year earlier.  The good news is that it was still a very solid market in terms of numbers….especially for sellers.  The median home price was an impressive $1,251,000 and the average days on market was a very short 23.

View all of the homes currently for sale in El Segundo

Pacific Landing El Segundo

The History of $2.0M+ Home Sales in El Segundo

The Luxury Home Market in El Segundo

It wasn’t long ago that a home sale over $2,000,000 in El Segundo was an extreme rarity.  Unlike neighborhing Manhattan Beach real estate, El Segundo isn’t known as a luxury market but that’s changing.

In 2013, 2014 and 2015 there was only 1 $2.0+ home sale each year and the common denominator was very large lots.  The home in 2013 was land value and the 23,000+ foot lot sold for $2,000,000 which happened to turn into 12 townhome that all sold between the high $700s and $800s. (now that’s a nice return)

2016 was the first year where this luxury price range started to be a bit normal in El Segundo with 5 home sales over $2,000,000.   After a slow 2017 there were 6 homes that sold in 2018 and 10 $2.0M+ home sales in 2019.

View the current homes for sale in El Segundo

 

The History of El Segundo Homes over $2,000,000

 
Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year
Lot Size
Sold Date
115 E
Walnut AVE  
$2,000,000
$1,639.34
2/2,0,0,0
1220/A
1920/ASR
23,386
4/12/2013
 
 
 
 
 
 
 
 
 
670 W
Maple AVE  
$2,100,000
$335.79
6/5,0,0,0
6254/A
2006/ASR
9,850
7/30/2014
 
 
 
 
 
 
 
 
 
1501 E
Sycamore AVE  
$2,075,000
$359.56
4/5,0,0,0
5771/A
2009/ASR
10,408
8/11/2015
 
 
 
 
 
 
 
 
 
840
Center ST  
$2,150,000
$598.39
4/5,0,0,0
3593/A
2008/ASR
6,872
1/15/2016
815
California ST  
$2,100,000
$583.66
4/2,1,0,0
3598/A
1966/ASR
9,725
2/1/2016
332
Whiting ST  
$2,350,000
$535.43
6/5,0,1,0
4389/A
1928/ASR
7,156
4/7/2016
437
Kansas ST  
$2,080,000
$658.23
5/4,0,1,0
3160/A
2005/ASR
5,570
6/7/2016
515
Loma Vista ST  
$2,225,000
$590.66
5/4,0,1,0
3767/A
2007/ASR
6,411
7/22/2016
403
Whiting ST  
$2,155,000
$718.33
3/2,1,0,0
3000/E
2015/OTH
7,470
4/14/2017
 
 
 
 
 
 
 
 
 
707
Bungalow DR  
$2,300,000
$575.00
5/4,0,1,0
4000/O
2010/ASR
6,590
1/25/2018
425 W
OAK AVE  
$2,350,000
$587.50
5/5,0,1,0
4000/D
2017/BLD
8,144
2/13/2018
321
Lomita ST  
$2,300,000
$759.33
5/3,1,1,0
3029/S
1948/ASR
5,723
4/2/2018
758
Lomita ST  
$2,300,000
$575.00
5/4,0,1,0
4000/O
2004/ASR
6,482
7/6/2018
917
Sheldon ST  
$2,560,000
$609.52
5/4,0,1,0
4200/B
2018/BLD
7,978
8/10/2018
628 W
OakAVE  
$2,389,500
$660.63
5/4,0,1,0
3617/AP
1925
7,183
9/18/2018
 
 
 
 
 
 
 
 
 
807
Bungalow DR  
$2,150,000
$503.16
5/4,0,1,0
4273/A
2005/ASR
6,594
1/15/2019
815
California ST  
$2,180,000
$605.89
4/2,1,0,0
3598/A
1951/ASR
9,711
4/5/2019
618
Lomita ST  
$2,495,000
$463.07
4/3,2,1,0
5388/AP
1943/ASR
6,420
5/6/2019
752
Bungalow DR  
$2,210,000
$561.20
4/4,0,1,0
3938/A
2002/ASR
6,591
5/15/2019
513 W
Mariposa AVE  
$2,000,000
$594.00
4/1,2,0,0
3367/A
2001/ASR
5,004
6/28/2019
719
Maryland ST  
$2,550,000
$772.73
5/1,2,0,1
3300/B
1942/PUB
6,481
8/27/2019
1510 E
Oak AVE  
$2,275,000
$595.24
5/5,0,1,0
3822/A
2012/BLD
6,582
10/3/2019
414 W
Oak AVE  
$2,510,000
$669.33
6/4,0,0,0
3750/B
2019/BLD
8,233
11/13/2019
506
Sheldon ST  
$2,060,000
$761.55
4/4,0,0,0
2705/S
1952/ASR
6,000
11/15/2019
712 W
Pine AVE  
$2,150,000
$755.45
4/4,2,0,0
2846/T
2009/SLR
8,036
11/22/2019
 
 
 
 
 
 
 
 
 
709 E
Pine AVE  
$2,509,200
$721.66
5/2,2,1,0
3477/B
2020/BLD
5,848
5/29/2020
733 W
Mariposa AVE  
$2,480,000
$834.45
4/4,0,0,0
2972/A
2012/SEE
10,887
7/14/2020
Luxury living room - 1510 E Oak El Segundo

June 2020 Home Sales and House Prices in El Segundo

June was a solid month for home sales and home prices in El Segundo.  The 13 home sales was the most since November.  The median “list” price for the homes that sold was $1,249,000 with the median price they actually “sold” for was $1,325,000 which was impressive to say the least. That huge gap means most homes sold for well over their list price and certainly indicates a sellers market. The average price per foot was $719.17 and the average days on market was a very low 31.  To see how these numbers compare with other months see our lates real estate recap post for homes in El Segundo.

Current homes for sale in El Segundo

June 2020 Home Sales and Homes Prices

MLS #
Type
 
Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year
TR20047327
TWNHS/A
1630 E
Palm AVE   #10
$840,000
$609.58
3/2,0,1,0
1378/A
1991/PUB
20571518
CONDO
535 E
WALNUT AVE   #B
$845,088
$528.18
2/2,0,1,0
1600/A
1989
SB20085408
TWNHS/A
328 E
Imperial AVE   #6
$900,000
$507.61
3/2,0,1,0
1773/A
2004/ASR
SW20067973
TWNHS/A
544 E
Imperial AVE  
$970,000
$551.76
3/3,0,1,0
1758/B
2018/BLD
SB20081693
SFR/D
653 W
ACACIA   W
$1,000,000
$692.04
3/2,0,0,0
1445/A
1948/ASR
SB20056294
SFR/D
715
Hillcrest ST  
$1,045,000
$980.30
2/1,0,0,0
1066/A
1952/ASR
SB20068665
DPLX/A
904
Sheldon ST  
$1,325,000
$791.52
3/2,0,0,0
1674/P
1940/PUB
SB20100295
SFR/D
1230 E
Pine AVE  
$1,349,000
$944.68
3/1,1,0,0
1428/A
1950/ASR
SB20059801
SFR/D
203 W
Walnut AVE  
$1,357,000
$1,043.85
3/2,0,0,0
1300/B
1950/ASR
SFR/D
218 E
Mariposa AVE  
$1,363,000
$668.46
3/2,1,1,0
2039/T
1990/ASR
SB20062161
SFR/D
929
McCarthy CT  
$1,504,000
$586.81
5/3,0,2,0
2563/A
1952/ASR
SB20076081
DPLX/D
742
Loma Vista ST  
$1,559,000
$761.23
5/3,0,0,0
2048/P
1957/PUB
SB20078133
SFR/D
729 W
Pine AVE  
$1,965,000
$683.24
5/2,2,0,0
2876/A
1950/ASR

Real Estate Recap – June Real Estate Trends in El Segundo CA

El Segundo saw a very nice rebound after a few slower months in April and May.  The 13 closed home sales was the most since January and a big jump from the 6 home sales in May and only 3 in April.  Pending home sales have really gone up quickly as well from 3 in March, to 4 in April, 11 in May and all the way up to 17 in June.

View the current homes for sale in El Segundo.

The chart below shows active listings (light green bar) pending home sales (red line) and closed home sales (dark green bar)

5 of 16 Homes for Sale in El Segundo Located in New Construction Community of Waypointe

Waypointe, the new construction townhome community in El Segundo, is definitely playing the biggest role in El Segundo real estate at the moment.  The townhomes have been released in waves and, at this point there are 5 on market townhomes for sale.  Given that there are only 16 properties on the market in all of El Segundo, they are definitely playing a prominent role in the market.

Current El Segundo Homes for Sale

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Welcome

Welcome to real estate in the South Bay and El Segundo.  We hope that we are your one source for everything real estate in El Segundo.  From free home search, to MLS access to information on this charming city.

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