April Home Sales in El Segundo and the South Bay

By Keith Kyle

The April home sales numbers and median prices were once again impressive in El Segundo and throughout most South Bay cities. Some cities saw a drop in median prices from the previous year but all are still trending upwards from 2015.  El Segundo saw 13 home sales in April with a median home price of $900,000 compared with just under $790,000 in April of the prior year.

Visit our South Bay real estate site to see the recent home sales in El Segundo and the South Bay.

City Homes Sold April 2016 Median April 2015 Median Year over Year % Change%
Carson 59 $426,000 $414,000 2.9%
El Segundo 13 $900,000 $787,000 14.3%
Gardena 39 $445,000 $395,000 12.7%
Harbor City 14 $517,000 $412,000 25.6%
Hawthorne 43 $552,000 $484,000 14%
Hermosa Beach 22 $1,333,000 $1,450,000 -8%
Lawndale 17 $400,000 $410,000 -2.4%
Lomita 19 $475,000 $485,000 -2.1%
Long Beach 331 $440,000 $425,000 3.5%
Manhattan Beach 35 $2,200,000 $1,880,000 17%
Marina Del Rey 29 $874,000 $940,000 -7%
Palos Verdes Estates 41 $1,365,000 $1,537,000 -11.2%
Playa Del Rey 19 $705,000 $427,500 64.9%
Rancho Palos Verdes 46 $941,000 $1,040,000 -9.5%
Redondo Beach 102 $904,000 $844,000 7.1%
San Pedro 49 $490,000 $448,000 9.4%
Torrance 147 $590,000 $590,000 0%
Westchester 32 $915,000 $873,000 4.8%

February 2016 Median Home Prices in El Segundo and the South Bay

By Keith Kyle116-Pine-El-Segundo

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%

Coming Soon – 3 Bedroom in the Court at Three Sixty South Bay

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.

Plan A townhome in Fusion

Our Latest Fusion Sale – New Price Record for an “A” Floorplan

By Keith KylePlan A townhome in Fusion

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.

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