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.
