By Keith Kyle
While usually the single family homes for sale in El Segundo are limited at best, today was a big day by El Segundo standards. Four new home listings hit the market today and the other big news is that all four were listed over $1,000,000. Most months the median home prices in El Segundo are below $1,000,000 so it’s impressive to see everything hit the market at this price point.
By Keith Kyle
El Segundo, CA and the South Bay saw another strong month for home prices although a few cities saw big percentage drops in average home prices. Those numbers, especially in smaller cities, or in a month with fewer home sales, don’t really mean much, but taken over times gives a good indication as to what is happening in the local El Segundo real estate market.
El Segundo had a fairly typical month with 11 home sales, but prices topped $1.1M which is pretty rare in this coastal community.
| City | Homes Sold |
February 2016 Median |
February 2015 Median |
Year over Year % Change% |
| Carson | 38 | $420,000 | $395,000 | 6.2% |
| El Segundo | 11 | $1,109,000 | $815,000 | 36% |
| Gardena | 38 | $410,750 | $334,000 | 23% |
| Harbor City | 10 | $527,500 | $393,000 | 34.2% |
| Hawthorne | 30 | $483,000 | $450,000 | 7.4% |
| Hermosa Beach | 17 | $1,225,000 | $1,512,500 | -19% |
| Lawndale | 8 | $431,000 | $415,000 | 3.9% |
| Lomita | 11 | %505,000 | $326,000 | 55% |
| Long Beach | 238 | $461,000 | $409,000 | 12.7% |
| Manhattan Beach | 22 | $1,795,000 | $2,361,000 | -24% |
| Marina Del Rey | 25 | $864,000 | $1,335,000 | -35% |
| Palos Verdes Estates | 33 | $1,403,000 | $1,300,000 | 7.9% |
| Playa Del Rey | 10 | $626,000 | $710,750 | 6.9% |
| Rancho Palos Verdes | 26 | $1,110,000 | $1,039,000 | 6.9% |
| Redondo Beach | 45 | $869,750 | $812,000 | 7.1% |
| San Pedro | 33 | $505,000 | $416,000 | 21.4% |
| Torrance | 85 | $565,000 | $544,000 | 4% |
| Westchester | 21 | $917,000 | $820,000 | 11.8% |
By Keith Kyle
As a rare exception to the continually low inventory, the gated community of Three Sixty at South Bay, has actually seen a jump in new listings over the past few weeks. There are now 6 listings on the market with another coming and an off market listing at 12822 Manhattan Court. There is currently a nice range for most buyers with everything from 1 bed/1 bath condos in the Flats to several 3 bedroom townhomes. The list below shows the active listings as of April 22nd so check out the active homes for sale in 360 to see the updated list.
Tell us just a little bit about your home and what makes it unique and special and we’ll put together a free comparative market analysis to give you the value of your El Segundo home in today’s real estate market.
We will use the very latest sales data including current listings, pending sales and closed sales and how your home compares with them to get you an accurate assessement of your homes value.
Simply type in your address to get an estimate of your homes current value. This is our quick home value tool that uses sales information. While not as acurate as an appraisal or CMA it can be helpful to give a rough idea of value.
By Keith Kyle
Coming to the market in spring of 2016, this beautiful “residence 2” in the Courts offers spacious and bright living on 3 levels. This is a turn key home that has been kept in meticulous condition located in the gated community of Three Sixty at South Bay…one of the areas only newer construction communities. Some of the highlights of the residence 2 floorplan is that it offers a bedroom and bath on the ground level and all bedrooms enjoy a private bathroom. Contact us for more information or to arrange a private showing before it hits the market. The home will be listed by Keith Kyle of Vista Sotheby’s International.
By Keith Kyle
We are so fortunate to have worked with so many wonderful people and in such a great area. It just doesn’t get much better. See the map below to view all of our local home sales. Although we specialize in El Segundo and and the South Bay, we have been lucky enough to sell throughout the area, from Santa Monica to Huntington Beach. Many of these were first time buyers and are now happy homeowners. Click on the marks to see pictures of the various homes and properties.
