Communities Archives

March Home Sales and Home Prices in El Segundo and the South Bay

By Keith Kyle

March once again saw some impressive median home prices while housing inventory remained low. The median home price in El Segundo for March of 2015 was $849,000 with 17 home sales. The real estate market trends in El Segundo are definitely indicating a very active summer market. With some top schools and a location along the coast, the summer months are always the highest demand for this coastal community. See the current homes for sale in El Segundo.

City	Homes Sold	March 2015 Median	March 2014 Median	Year over Year % Change
Carson	55	$425,000	$395,000	7.6%
El Segundo	17	$849,000	$727,500	16.7%
Gardena	38	$403,000	$390,000	3.3%
Harbor City	15	$455,000	$328,500	38.5%
Hawthorne	62	$642,500	$444,000	44.7%
Hermosa Beach	22	$1,310,000	$1,260,000	4%
Lawndale	7	$447,000	$335,500	33.4%
Lomita	13	$481,000	$428,000	12.3%
Long Beach	310	$414,000	$389,000	6.4%
Manhattan Beach	44	$1,940,000	$1,696,000	14.4%
Marina Del Rey	39	$860,000	$760,000	13.2%
Palos Verdes Estates	24	$1,400,000	$1,445,000	-3.1%
Playa Del Rey	24	$546,000	$840,000	-35%
Rancho Palos Verdes	43	$1,044,000	$1,005,000	3.9%
Redondo Beach	87	$840,000	$750,000	12%
San Pedro	63	$475,000	$435,000	9.2%
Torrance	115	$529,000	$530,000	-.4%
Westchester	34	$822,000	$764,000	7.7%

in Communities, El Segundo Home Sellers, Market Statistics, Real Estate Trends Posted by ktkyle

February 2015 Home Sales in El Segundo CA

El Segundo once again saw a limited number of sales but a very positive month in terms of sale prices. While monthly sales prices were down a bit compared with the previous two months, much of that was due to the past few months being impacted by the sales of recently completed townhomes. To view the current homes for sale visit our MLS listings page.

MLS#	Type		Address	Price	Bed/Bath	Year	Sq Feet
IN14262856	CONDO/A	770 W	Imperial AV #38	$319,999	2/2,0,0,0	1966/ASR	999/A
SB14201445	CONDO/A	900	Cedar ST #205	$460,000	2/2,0,0,0	1978/ASR	1177/A
SB14218385	CONDO/A	818	Main ST #202	$525,000	2/2,0,0,0	1979/ASR	1406/A
PW14257062	SFR/D	317 E	Mariposa AV	$645,000	2/1,0,0,0	1947/ASR	801/A
14799167	SFR/D	936	Eucalyptus DR	$814,200	3/2,0,0,0	1961	1444/A
SB15015265	SFR/D	711 W	Acacia AV	$822,000	4/2,0,0,0	1966/ASR	1705/A
SB14224624	SFR/D	715 W	Acacia	$835,000	4/1,1,0,0	1966/APP	2152/A
14792109	SFR	702	Hillcrest ST	$895,000	3/2,0,0,0	1955	1669
IG15012102	SFR/D	436	California ST	$915,000	3/1,0,1,0	1954/ASR	1131/A
SB14255826	SFR/D	808	California ST	$ 1,180,000	3/1,1,0,0	1958/ASR	1640/A

To see the homes sold in El Segundo in other months, or to see neighboring cities home sales visit our recent sales page.

in Communities, Condominiums in El Segundo, El Segundo Townhomes, Homes for sale, Real Estate Trends Posted by ktkyle

Is El Segundo Ready for $2.0M+ homes?

By Keith Kyle

El Segundo is a fantastic little town that has a small town feel that most areas can’t duplicate. While there are an abundance of townhomes and condos, the bulk of the homes are some version of the original beach bungalow. Many have been nicely updated and expanded while some are in fairly original condition.

Unlike neighboring Manhattan Beach, El Segundo hasn’t seen quite the same building boom creating oversized luxury homes and there are several reasons. The primary reason is that values, while having gone up considerably in the past 2 years, haven’t rocketed upwards to the same extent and builders eager to build high end luxury properties may not see the margins and are searching elsewhere.

View the current homes for sale in El Segundo priced over $2,000,000

So will El Segundo see an increase in luxury $2,000,000 homes? It still appears unlikely other than the rare case of a truly special home on an oversized lot in an A+ location. There will be a limited amount of homeowners that simply love El Segundo that build their dream house and at some point those homes will be sold, but it’s very unlikely we’ll see too many luxury spec homes built as the cost of lots/tear down homes, plus the cost of building makes for a challenging investment.

in Communities, El Segundo Home Sellers, Homes for sale Posted by ktkyle

March 4, 2015December 22, 2024

Lyon Homes Beginning to List 360 South Bay Homes on the MLS

By Keith Kyle Resort like amenities in the gated community of 360 South Bay

**Update**All new construction homes have been sold and Lyon Homes in no longer involved. There are homes for sale as resale units but there are no longer new construction units. Click here to see the current homes for sale in Three Sixty or visit our Three Sixty South Bay page for general information about homes, the community, prices and more.

In a shift from their previous sales strategies, William Lyon Homes are now starting to list many of their new construction properties on the local MLS making it easier to see and purchase with the use of a realtor. Until now all new home sales were done through the Lyon Homes sales office as “buyers agents” were not involved and a realtors involvement often ended at bringing the prospective buyer through the community for an initial visit. While they are still keeping the role of the buyers agent to a minimum, listing the homes on the MLS has been a definite shift in policy.

360 South Bay is a newly constructed gated community in the Hollyglen The Townes townhomes neighborhood of Hawthorne CA and offers new and newer homes with a great community feel, fantastic ammenities and is located in the award winning Wiseburn School District.

View information on 360 South Bay including models, floorplans and more.

In addition to the new construction and upcoming construction, there are a number of resale units that have always been handled like normal real estate transactions with a buyers and sellers realtor involved.

View the current homes for sale in 360 South Bay available on the local MLS

in 360 South Bay, Condominiums in El Segundo, El Segundo Townhomes, gated community of Three Sixty, Hollyglen and Del Aire, Keith Kyle, MLS Search, Realtor Keith Kyle, Three Sixty South Bay townhomes Posted by ktkyle

October 16, 2014December 22, 2024

Where did all the homes in Fusion go?

By Keith Kyle

It seems that nobody is selling in Fusion these days which is a bit unusual as so many owners in the complex weathered some tough years and homes are once again nearing the peak. As a realtor who frequently sells homes in this great community, it’s always a challenge when the inventory is this low as there’s simply nothing to sell. Fusion has always been a very unique market as there are often either too many homes on the market, and they all sit until the first one sells (and then they seem to go like dominoes) or there’s no homes on the market. The appeal of Fusion is the combination of price, location, and age which makes them a great value. Built in 2006 and 2007, they sit just east of Manhattan Beach but at dramatically lower prices. Most buyers often start their searches in Redondo Beach or El Segundo, but after looking at what $550,000 or so gets them in those towns, they opt for the very new, very well located Fusion townhomes.

So what’s an interested buyer to do?

The first aspect is to find an agent that frequently sells in Fusion as they may have the inside track into upcoming and off market possibilities. There are 4 or 5 realtors that work fairly extensively in this gated community.
Be patient. As I mentioned above Fusion is a unique market that seems to go in waves. It won’t be too long before there are several listings
Consider the condos, townhomes, and single family homes at 360. Another alternative is the community known as 360 which is just a bit north. Contact us for more information as there are new homes as well as resale listings.

in Condominiums in El Segundo, El Segundo Townhomes, Fusion South Bay, Hollyglen and Del Aire, Homes for sale, Housing Inventory, Off Market Home Listings, Pocket Listings Posted by ktkyle

September 19, 2014March 21, 2023

A number of El Segundo Open House for Sept 20th and 21st

El Segundo doesn’t generally see too many open houses as home inventory is down and it’s a fairly small town with few homes for sale in the best of markets. This weekend sees more than usual with several advertised open houses. See the list below for El Segundo and the South Bay. If you’re seeing this post after the September dates please visit our South Bay open houses site for updated homes for sale and schedules.

in Communities, El Segundo Home Sellers, Homes for sale, New Listings Posted by ktkyle

Communities

March Home Sales and Home Prices in El Segundo and the South Bay

February 2015 Home Sales in El Segundo CA

Is El Segundo Ready for $2.0M+ homes?

Lyon Homes Beginning to List 360 South Bay Homes on the MLS

Where did all the homes in Fusion go?

A number of El Segundo Open House for Sept 20th and 21st

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