Congratulations El Segundo and South Bay Grads!
Congratulations to all of the graduates out there in El Segundo and the South Bay.
Author: ktkyle
El Segundo Real Estate Recap – May Home Sales At a Glance
Welcome to our quick recap for real estate in El Segundo during the month of May. Home sales in the city of El Segundo were way down with only 6 homes that closed escrow compared with 25 in May of 2019. On the other hand, house prices were very impressive with the median home price of $1,420,000. Homes that sold averaged only 19 days on market compared with 62 the year earlier.
View all of the current homes, houses and townhomes for sale in El Segundo CA
El Segundo Housing Inventory Up……Sales Down
The good news for buyers is that the inventory of unsold homes in El Segundo is going up while the number of homes that are selling and closing escrow are going down. The number of active listings has gone up every month this year from 7 in January, 10 in February, 14 in March and 19 in April. The number of closed sales has dropped however from 13 in January, to 7 in February, 6 in March and only 3 in April. May may be on a recovery track with 6 closed escrow.
El Segundo Home sales for the past 15 Months
May 2020 Home Sales and Home Prices in El Segundo
El Segundo Real Estate Update - May Home Sales
May 2020 picked up a little steam in terms of home sales in El Segundo with 6 closed escrows compared with only 3 a month earlier. It was still a dramatic drop from one year earlier with 25 home sales in May of 2019. View a chart of the past 15 months of active listings, pending escrows and closed home sales in El Segundo.
May Home Sales in El Segundo
MLS# | Type | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | Sold Date | |
SB20017258 | CONDO/A | 815 | Main ST #302 | $699,000 | $610.48 | 2/2,0,0,0 | 1145/A | 1983/ASR | 5/15/2020 |
20564678 | SFR | 815 | PENN ST | $1,099,000 | $981.25 | 2/2,0,0,0 | 1120/ | 1962 | 5/19/2020 |
SB20104028 | SFR/D | 840 | Hillcrest ST | $1,115,000 | $879.34 | 3/2,0,0,0 | 1268/A | 1950/ASR | 5/31/2020 |
SB20026224 | TWNHS/A | 548 E | Imperial AVE | $1,150,000 | $584.05 | 3/3,0,1,0 | 1969/B | 2019/SLR | 5/12/2020 |
SB20032247 | SFR/D | 837 | Virginia ST | $1,950,000 | $695.68 | 3/4,0,0,0 | 2803/S | 1918/ASR | 5/15/2020 |
SB20102866 | SFR/D | 709 E | Pine AVE | $2,509,200 | $721.66 | 5/2,2,1,0 | 3477/B | 2020/BLD | 5/29/2020 |
Homes We Like – Beautiful New Home Listed at 321 Lomita in El Segundo
321 Lomita Street, El Segundo - Listed for $2,600,000
Update - this home sold for $2,5811,875
This weeks featured home is a beautiful 5 bedroom home on Lomita Street with architecture the listing agent is calling “coastal farm house”. Built just a few years ago this home offers the spacious layout today’s luxury buyers are looking for while still offering some small town charm that fits well in El Segundo.
The home last sold for $2,300,000 on 04/02/18
PRICE: $2,600,000
BEDS: 5
BATH: 4 1/2
SQFT: 3,029*
PRICE PER SQFT: $858.37
LOT SIZE: 5,723 SQ FEET
GARAGE: 2 CAR SIDE BY SIDE
YEAR: 2018
Information on 321 Lomita Street El Segundo W Mariposa, El Segundo
Listing Courtesy of Amie Schneider – CompassThe Beach Is Open!
We’re so happy to get the beach back. As of late last week the beaches in the South Bay, including Dockweiler, have opened for limited activity. This is a great step and hopefully the beach remains open. Stay safe, be careful and enjoy the beach.
