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El Segundo CA Home Prices Up in December

By Keith Kyle

The December numbers are in and if there was any thought that the real estate market in El Segundo was leveling the numbers certainly say otherwise.

The average home price in El Segundo for the homes that closed escrow during December was $1,023,000 with a median price of $999,000. Those are big numbers that still shows no sign of slowing or reversing.   See the chart below for the December home sales numbers for El Segundo and the South Bay for December of 2015.

City HomesSold December2015 Median December2014 Median Yearover Year % Change
Carson 73 $360,000 $365,000 -1.4%
El Segundo 9 $999,000 $735,000 35.9%
Gardena 41 $420,000 $385,000 9.1%
Harbor City 15 $483,000 $467,000 9.1%
Hawthorne homes 35 $508,500 $667,750 -23.8%
Hermosa Beach 24 $1,475,000 $1,360,000 8.5%
Lawndale 13 $420,000 $415,000 1.2%
Lomita 16 $520,000 $490,000 6.1%
Long Beach 339 $456,000 $395,000 15.4%
Manhattan Beach 34 $2,184,000 $1,689,000 29.3%
Marina Del Rey 31 $905,000 $759,000 19.2%
Palos Verdes Estates 29 $1,456,000 $1,150,000 26.7%
Playa Del Rey 17 $605,000 $482,000 25.5%
Rancho Palos Verdes 48 $1,170,000 $1,135,000 3.1%
Redondo Beach 89 $836,250 $770,000 7.3%
San Pedro 72 $517,500 $492,000 5.2%
Torrance 133 $597,000 $562,000 6.3%
Westchester 34 $951,000 $807,500 17.8%
El Segundo homes for sale

Prices and Values Continue to Rise in El Segundo

By Keith Kyle

To anyone keeping up with the El Segundo real estate market, it should come as no surprise that home values just keep going up.  The median home prices and list prices have continued to rise although the average home sales prices has been somewhat stagnant.  Click to view all of the latest market trends in El Segundo.  To see the recent home sales in El Segundo click here.

 

El Segundo real estate trends

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.

El Segundo homes for sale

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

By Keith KyleEl 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.

 

El Segundo real estate trends

Real Estate Statistics for El Segundo Townhomes & Condos

By Keith Kyle

Whether you are considering buying a townhome in El Segundo or thinking of listing and selling your home, keeping up to date with the market and real estate trends is critical. Take advantage of our real estate market page with information on the number of homes sold, current home inventory, price per foot and median home prices. To view a list of the sold homes visit our recent home sales page. The charts below shows only statistics for condos. For specific types of homes click on the links below. Click to see the current townhomes for sale in El Segundo.

The above chart shows current “active” homes for sale, pending and recent sold townhomes.

The chart above shows the average price per square foot for townhomes only in El Segundo.

The chart above shows the average days on market as well as the % of the sale price above or below the listing price.

The chart above shows the average price for sale as well as the average price of the homes actually sold.

The chart above shows the number of months of inventory based on closed sales in El Segundo

Contact Keith Kyle for more information or statistics for other cities.

 

El Segundo homes for sale

El Segundo Real Estate and MLS Search – Find Your Home

Find Your Dream Home - Free El Segundo MLS and Listing Email Alerts

El  Segundo is a small coastline community equally renowned for its quaint, small town atmosphere as well as a thriving business environment that caters to some of the region’s most prestigious corporations. El Segundo is a very popular place to purchase a home due to the  small town atmosphere, proximity to the beach, and award winning schools.

Real Estate, Homes for Sale in El Segundo

Conveniently  located just south of Los Angeles International Airport, adjacent to the Pacific Ocean, and quickly accessible to the 105 and 405 freeways, El Segundo is ideally situated between Los Angeles and the South Bay beach communities. El Segundo prides itself on its excellent schools, quality recreation programs, safe neighborhoods and unparalleled city services. It is also a haven for business, with 13 Fortune 500 companies and a diverse mix of aerospace firms, high-tech businesses, professional service outfits, fine restaurants and retailers.

Your online resource for El Segundo, California homes and real estate. Find your home in El Segundo with our simple targeted home search or find all South Bay homes with our free MLS access. If you are looking to buy or sell a home or investment property in the area….we can help. Find out why Keith Kyle and Vista Sotheby’s International should be your El Segundo Realtors®.

Current Homes for Sale in El Segundo

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Welcome

Welcome to real estate in the South Bay and El Segundo.  We hope that we are your one source for everything real estate in El Segundo.  From free home search, to MLS access to information on this charming city.

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2501 N Sepulveda Blvd, Manhattan Beach CA, 90266

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El Segundo real estate specialist Keith Kyle
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About Vista Sotheby's

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Vista Sotheby's International Realty is one of the top real estate brokersages in Southern California.

El Segundo Real Estate. All information deemed reliable but not guaranteed. The agent providing the information contained herein may not have been a buyer’s and/or seller’s agent. This information is based on data pulled from CRMLS.

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