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
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’re happy to announce our latest sale at 5404 W 149th Place in Fusion South Bay. We represented the sellers of this beautiful “A” floorplan condo in one of the South Bay’s only newer construction gated communities. The combination of a very nice condo with a number of upgrades and our staging made the home shine. With 7 offers, almost all over asking price, this was definitely a winner. The real estate market in Fusion South Bay couldn’t be hotter with any and all new listing selling immediately and some even selling before it hit the market.
Congratulations to our client Peter for the quick sale of his beautiful home at the impressive price of $547,000.
Scheduled for completion in May of 2016 these stunning detached townhomes located at 1072 and 1074 7th Street in will offer the epitome of luxury living in Hermosa Beach. Designed and built by South Swell and Steve Lazar, these townhomes sit on a great block of 7th Street in the hill section of Hermosa and both offer great ocean views on multiple levels. Anticipated square footage is 3000+ on the front unit and 3200 feet on the rear home. Enjoy the beach lifestyle with an open floorplan allowing for a bright and inviting layout perfect for entertaining or watching the sun set over the Pacific. Contact listing agent Keith Kyle with Vista Sotheby’s International for more information. Keith.Kyle@VistaSIR.com or 310.251.2344
See more listing information and details.
Coming to the market in early November, this beautifully updated condo offers the perfect combination of newer construction, active lifestyle, ideal location and affordable price. Located at 5404 149th Place #11 in the Hollyglen area of Hawthorne, this upgraded condo offers gleaming hardwood floors, granite countertops, in unit laundry, stainless appliances and an oversized patio. With 2 bedrooms and 2 bathrooms, each on a different level, this is ideal for a multitude of lifestyles. See information and floorplan of Fusion South Bay “A” unit.
Fusion at South Bay is one of the few newer construction gated communities in the South Bay and is ideally located just across the street from Manhattan Beach. Enjoy the community pool and spa, the basketball court, small park or take a short 5 minute drive to the beach. Fusion is also located in the Hollyglen neighborhood with students attending the award winning Wiseburn School District
Contact listing agent Keith Kyle for more information or a sneak preview.
Keith Kyle – Top Producer, Realtor
Vista Sotheby’s International Realty
2501 N Sepulveda, Manhattan Beach CA 90266
