El Segundo Real Estate Blog

12 New Townhomes in El Segundo in High Demand

By Keith Kyle

Last month we wrote a market update and explained how the number of homes available for sale in El Segundo had jumped a bit due to the recent completion of 12 new townhome units on the corner of Pepper and Walnut. The demand for these new units was in full force as all but 3 of the units are now in escrow or under contract. The townhomes ranged in price between $789,000 to $849,000. All were 3 bedroom 2.5 bath estimated at 1900 square feet. and fairly ideally located near Main Street and downtown El Segundo.

See the MLS information for the new townhomes in El Segundo

in Communities, Homes for sale, MLS Search, New Construction Homes, New Listings Posted by ktkyle

El Segundo Real Estate Market Update

By Keith Kyle

The market in El Segundo seems to have leveled a bit with the number of homes for sale hovering in the high teens for the past few months. As of August 25th there are currently active listings in El Segundo. Although last month saw a significant increase in active listings and this month we see an increase in pending home sales, the numbers are skewed a bit due to the recent release of a number of new construction townhomes on Walnut and Pepper.

in Condominiums in El Segundo, El Segundo Townhomes, Homes for sale, Housing Inventory, Market Statistics, New Listings, Real Estate Trends Posted by ktkyle

August 4, 2014December 26, 2024

El Segundo Real Estate Market Update

By Keith Kyle

Real estate in the South Bay and specifically El Segundo continues at a pretty torrid pace. Slowly rising inventory should alleviate some of the pressure and we may be heading towards a more balanced market. July was the new high for active homes for sale with 30, topping the year high of 17 in June. Median home price of active listings is $799,000. The primary reason for this significant jump in inventory is due to the two new construction projects at the 100 Block of Walnut and the 900 block of Pepper, a 12 unit project from architect Pat Killen.

Currently there are 14 homes in escrow which is also a considerable jump from the 9 homes in escrow during the month of June.

We are still seeing quite the disparity between the average list prices of homes in El Segundo vs. the average sold home prices. This is primarily due to sellers often listing homes at a “make me move” type price in which they’re looking for something well beyond market values.

in El Segundo home prices, El Segundo home sales, El Segundo homes for sale, El Segundo Real Estate, El Segundo Townhomes, Homes for sale, Market Statistics, MLS Search Posted by ktkyle

June 10, 2014December 23, 2024

El Segundo Real Estate – Market Update for June

By Keith Kyle Waypointe townhomes El Segundo

The real estate market in El Segundo continues to be hot with very low inventory and prices continuing to rise. Summer months are traditionally very active due to the award winning school system and proximity to the coast. El Segundo has a wonderful small town feel and is conveniently located close to all that Los Angeles and the South Bay has to offer.

Active homes for sale – 19
Lowest list price – $354,900 – 770 W Imperial AV #28
Highest list price – $1,989,900 – 216 W Walnut AV
Average list price – $924,895
Average price per square foot – $514
Average Days on Market – 51

In escrow – 20

Total homes sold in 2014 YTD – 43
Average sales price – $796,894
Average price per square foot – $514

in Communities, Condominiums in El Segundo, El Segundo Townhomes, Homes for sale, Housing Inventory, Market Statistics, New Listings, Pocket Listings, Real Estate Trends, Search for Homes Posted by Keith Kyle

April 6, 2014March 21, 2023

Have We Finally Seen A Turn in the El Segundo Housing Market?

By Keith Kyle El Segundo homes for sale

As of April 6th there are 14 homes currently for sale in El Segundo ranging in price from $342,900 for a 2 bedroom condo at 770 W Imperial to $2,199,000 for an absolutely massive 8 bedroom 7 bath 5600 foot single family home located at 216 Walnut. March saw 8 closed escrows and sold homes as a sharp increase from the 5 year low in February of only 2 homes sold. See the recent El Segundo home sales for the list of homes sold in March and the months prior.

in Communities, El Segundo home prices, El Segundo homes for sale, Homes for sale, Housing Inventory Posted by Keith Kyle

Home Inventory on the rise in Hollyglen

By Keith Kyle El Segundo homes for sale

It’s been a while since we’ve seen more than just one or two single family homes for sale in the neighborhood of Hollyglen which may start to ease some of the pent up demand in this somewhat secret neighborhood. Although it has a Hawthorne mailing address, this great neighborhood is an unincorporated area and enjoys it’s own award winning school system known as the Wiseburn District. Hollyglen sits just north of Rosecrans and just west of the 405 freeway and has remained somewhat of an unknown jewel in South Bay real estate. I has the feel of Torrance neighborhoods of West Torrance and Southwood, with tree lined streets, schools within walking distance, and offer a very safe and social neighborhood feel. As of April 2, 2014 there are 7 single family homes for sale in Hollyglen, with 3 new construction in the 360 South Bay community, 2 additional homes in Del Aire (but west of the 405 so in somewhat similar neighborhood) priced from $544,000 (Del Aire) to $890,000 for a 4 bedroom new construction in 360. Prices for a 3/2 single family built in the 1950s, which most are, generally range lately between $640,000 and $690,000

Click here to view the current single family homes for sale in Hollyglen CA

in 360 South Bay, First Time Buyers, Hollyglen and Del Aire, Homes for sale, Housing Inventory, New Listings, Real Estate Trends, Search for Homes Posted by Keith Kyle

Blog

12 New Townhomes in El Segundo in High Demand

See the MLS information for the new townhomes in El Segundo

El Segundo Real Estate Market Update

El Segundo Real Estate Market Update

El Segundo Real Estate – Market Update for June

Have We Finally Seen A Turn in the El Segundo Housing Market?

Home Inventory on the rise in Hollyglen

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