single family homes in Pacific Landing El Segundo

Pacific Landing – New Single Family Home Community in El Segundo CA

Pacific Landing El Segundo

Newer Construction Single Family home community in El Segundo

In an area where there is simply no space for “new” communities, it’s very rare indeed to see a new neighborhood pop up. El Segundo is seeing just that with Pacific Landing from Emerald Homes and D.R. Horton. Pacific landing consists of 24 single family homes ranging from the high $1.6Ms to the high $1.8Ms. The homes will all be slightly under 3,000 square feet with all being 4 bedroom and either 3 1/2 or 4 1/2 baths.

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Located near 919 Camber Lane, the community of Pacific Landing is located in charming El Segundo.  El Segundo offers a great community feel with it’s Main Street area of shops and restaurants, multiple parks, Dockweiler State Beach and award winning schools.  As it’s the furthest north town in the South Bay, it’s also ideal for commuters and cut as much as 45 minutes off a drive each way.

See the new construction homes for sale at Pacific Landing and Waypointe Townhomes

single family homes in Pacific Landing El Segundo
El Segundo homes for sale

New Construction Powers October Home Prices in El Segundo

Several new construction homes drove the real estate market in October to a very high median price. With 3 homes built in 2018 selling in the month the median home price in El Segundo was $1,595,000 which was well above the norm. October saw 8 sold homes in this coastal community with the lowest priced sale of the month at $503,000 for a 2 bed/2 bath condo on Imperial and the largest sale at $1,914,510 for one of the new construction homes in the brand new community just off of Imperial Highway.

See the current El Segundo homes for sale

 

El Segundo homes for sale

8 of 11 Homes in El Segundo Ever Sold Over $2.0M Have Been in 2016*

By Keith Kyle

If you need any evidence that prices are sky high in El Segundo just look towards the luxury market.  It wasn’t long ago that we wrote a post on whether El Segundo was ready for $2,000,000 homes and it seems that it’s relatively commonplace just 12 months later.  As of July 17th there are 3 single family homes in El Segundo priced over $2,000,000.  In the nearby luxury real estate markets of Manhattan Beach and Hermosa Beach this wouldn’t be unusual but in El Segundo it’s fairly unbelievabe. It’s certainly due, in part, to many buyers being priced out of the South Bay and their money goes much further in El Segundo.  In addition there is a pending sale and 4 closed sales in 2016 priced over the formerly unheard of $2.0M mark.

In 2016 we’ve seen 4 $2.0M+ homes plus the one home in currently in escrow (as of 7/16/16)

El Segundo homes for sale

 

*Statistics based on MLS sales of single family homes.

El Segundo backyards

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 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

Welcome to El Segundo Real Estate & Homes for Sale

By Keith Kyle

El Segundo real estate is often overlooked in the South Bay as the name perhapsEl Segundo homes for sale isn’t quite as alluring as it’s neighbors in Manhattan and Hermosa Beach, but it  is a wonderful place to call home and is a more affordable option.  We hope you’ll take advantage of all of the information and resources on El Segundo MLS as we offer a number of ways to search for homes including free MLS access, current homes for sale sorted by both price and type, and if you really want to make your home search easy we will customize your El Segundo home search and send you free daily email updates.  View recent homes sales, current prices, market statistics and much much more.

El Segundo offers residents a small town feel yet closer to key parts of Los Angeles such as LAX, downtown, Santa Monica and more.  Located just north of Manhattan Beach and just east of Los Angeles airport, El Segundo is a true community with a charming downtown area, fantastic school system, endless activities and beautiful Dockweiler Beach.

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el segundo homes for sale

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.

ADDRESS:

2501 N Sepulveda Blvd, Manhattan Beach CA, 90266

Phone:

E-mail:

keith@keithkylehomes.com

CONTACT AGENT

El Segundo real estate specialist Keith Kyle
DRE#01712785

keith kyle

Top Producing Realtor

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