El Segundo Real Estate and the New Reality

The world is certainly changing at the moment and so is real estate and the way “normal” real estate actions are taking place.  Although we have seen a slight slowdown, there is still a constant flow of homes being listed for sale and deals being put together. The California Association of Realtors pushed Gavin Newsom to establish real estate as an essential business in the midst of this pandemic. So, while we are definitely in strange and unchartered times, the business of real estate continues to move forward.

 

At Vista Sotheby’s International Realty, our agents and support team remain fully operational while adhering to a remote work plan. In addition to virtually conducting our daily team meetings, we are utilizing our top-tier technological resources in order to continue providing you with the best quality service if doing a real estate transaction is in your current plan. These resources include:

Virtual Open Houses

In lieu of public open houses, Vista Sotheby’s International Realty agents will be hosting Virtual Open Houses via Facebook or Instagram live stream. These will allow you to virtually view the property and ask any questions from the comfort of your home. Contact me each week for the full list of our homes that will be hosting Virtual Open Houses that weekend.

Matterport 3D Home Tours

Matterports provide a three-dimensional virtual rendering of a home used to create a realistic, fully immersive viewing experience. This “digital twin” gives you full access to see a property in depth without having to see it in person.

Virtual Live Showings

Interested in a home but “shelter in place” ordinances are preventing you from touring it in person? No problem! With interactive virtual showings, you can still get a live, one-on-one tour of a home just as you would in person.

Virtual Staging

Curate by Sotheby’s International Realty allows you to stage and visualize a house as your own before purchase. The available furniture and decor designs are also shoppable within Curate by Sotheby’s International Realty, as well as on our global website, sothebysrealty.com, through a “shop-the-room” functionality.

Click here to download the Curate App

Give me a phone (or video!) call if you have any questions about our new normal in real estate, including the market and the procedures available to protect you if you are in the market, or even just to say hello – I would love to hear how you are doing and learn about your new normal! I look forward to being able to meet with you in person once this is all behind us. Until then, stay home, stay healthy, and stay safe.

Keith

The Lowest Priced Home Currently for Sale in El Segundo

It’s not surprising that the lowest priced home/property for sale in El Segundo is a condo in the community of Pacific Sands. This is usually the case as this larger condo complex is often the least expensive way of owning real estate in El Segundo.  This 1 bedroom condo was just recently in escrow but, for obvious reasons, it’s now back on the market.  Priced at $459,000 this 700 sq foot (approx) condo even offers some ocean views.  Contact us for more information, virtual showing or private showing.

Information on 770 Imperial Ave #90 in El Segundo CA

Luxury dining rooom

Real Estate Recap – March 2020 El Segundo Home Sales

March was a slow month for real estate in El Segundo with only 6 homes soldEl Segundo homes for sale during a usually active month.  The lowest priced sale of the month was located at as usual as it’s a larger complex and usually the the least expensive condo building in the area.  The median asking price in March was $1,124,250 and the median sold price was $1,012,500 which may be an indicator that the current “sellers” market may be shifting a bit.  The average price per foot for the month was $517.  Average days on market was 55 but the median days on market was an impressive 9 days.

View the current homes for sale in El Segundo

March 2020 Home Sales & Prices in El Segundo CA

Type   Address Price $ Per Foot Bed/Bath Sq Feet Year Built Sold Date
CONDO/A 770 W Imperial AVE   #43 $520,000 $517.41 2/1,0,1,0 1005/A 1966/ASR 3/18/2020
CONDO/A 123 E Oak AVE   #105 $745,000 $593.15 2/2,0,0,0 1256/A 1979/ASR 3/6/2020
SFR/D 935 Cypress ST   $1,000,000 $886.52 3/1,0,1,0 1128/A 1924/PUB 3/2/2020
SFR/D 120 W Sycamore AVE   $1,025,000 $1,205.88 2/1,0,0,0 850/A 1928/ASR 3/18/2020
SFR/D 848 Pepper ST   $1,395,000 $857.93 3/2,0,0,0 1626/A 1960/ASR 3/17/2020
SFR/D 823 Sheldon ST   $1,700,000 $896.62 4/2,0,1,0 1896/A 1963/ASR 3/26/2020

February Real Estate Recap – El Segundo Home Sales and Prices

February was a very slow month for closed home sales in El Segundo with only 7 homes sold during the month.  Prices were solid as they’ve been over the past 18 months with the median list prices of $1,185,000 and a median sales price of $1,155,000.  With the median sales price lately being near or even over the list priced that may indicate a slight cooling but one month of stats does not indicate a trend.  Only time will tell.  Average price per foot for sold homes in El Segundo was $845.  Median days on market was only 10 which is fairly incredible.

View the current homes for sale in El Segundo CA

February 2020 Home Sales and Prices in El Segundo.

MLS # Type   Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
SB19283921 CONDO/A 900 Cedar ST   #111 $620,000 $526.76 2/2,0,0,0 1177/A 1978/ASR 2/12/2020
SB19238651 SFR/D 315 W Palm Ave    $1,044,000 $848.09 5/2,0,0,0 1231/A 1927/ASR 2/4/2020
SB20017420 TWNHS/A 307 Kansas ST   #B $1,060,000 $522.17 3/2,0,1,0 2030/A 2006/ASR 2/27/2020
SB20001552 SFR/D 948 Eucalyptus DR   $1,155,000 $996.55 3/2,0,0,0 1159/A 1939/PUB 2/12/2020
SB20009543 SFR/D 747 Center ST   $1,310,500 $1,373.69 2/2,0,0,0 954/A 1943/ASR 2/11/2020
SB20002854 SFR/D 821 Pepper ST   $1,327,000 $852.28 3/1,1,0,0 1557/T 1956/ASR 2/14/2020
19499382 SFR 430 W Walnut AVE   $1,941,000 $796.47 4/3,0,0,0 2437/B 2019 2/25/2020

 

832 Penn in El Segundo

January 2020 Real Estate Update – El Segundo Home Sales and Prices

January was certainly a slow month for new listings and homes for sale, but had a nice level of activity in terms of closed home sales during the month.    There were 12 home sales during the month with a median list price of $1,249,500 and a median sold price of $1,250,000 meaning that, on average, homes sold for over the list price.  Needless to say this indicates a market very favorable for home sellers.  The median price per foot was $674.15.  The biggest sale of the month was just under $2,000,000 for a tear down/lot value home on a huge 16,500+ foot lot.

Only one of the sales was in the new construction single family community of Pacific Landing and that was an almost 3000 foot home with 4 bedromoms at 928 Fairing Place.  One other note is that although recorded as an El Segundo sale due to an error on someone’s part, the home that sold at 5220 Pacific was actually in the gated community of Three Sixty South Bay which is technically in Hawthorne….not El Segundo.

View the current homes for sale in El Segundo CA

January El Segundo Home Sales and Home Prices

Type   Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
CONDO/A 935 Main ST   #204 $761,000 $572.61 2/2,0,0,0 1329/A 1981/ASR 1/30/2020
SFR/D 615 Center ST   $1,010,000 $1,262.50 2/1,0,0,0 800/A 1943/ASR 1/29/2020
SFR/D 508 California ST   $1,100,000 $616.59 3/2,0,0,0 1784/A 1951/PUB 1/24/2020
TWNHS 901 Pepper ST   $1,170,000 $610.01 4/2,0,1,0 1918/ 2014 1/3/2020
SFR/D 5220 Pacific in Three Sixty South Bay  $1,199,850 $495.19 4/3,0,0,0 2423/A 2015/ASR 1/10/2020
SFR/D 615 Maryland ST   $1,200,000 $731.71 3/1,1,0,0 1640/A 1942/ASR 1/31/2020
TWNHS/A 406 W Grand AVE   $1,300,000 $569.93 4/3,0,0,0 2281/B 2019/BLD 1/31/2020
SFR/D 804 California ST   $1,485,000 $773.03 4/2,0,1,0 1921/A 1958/ASR 1/9/2020
SFR/D 443 Loma Vista ST   $1,600,000 $1,101.17 3/2,0,0,0 1453/A 1938/ASR 1/23/2020
SFR/D 928 Fairing PL  in Pacific Landing $1,625,000 $546.22 4/3,0,1,0 2975/B 2018/BLD 1/17/2020
SFR/D 535 Arena ST   $1,845,000 $835.60 4/3,0,1,0 2208/A 1927/ASR 1/3/2020
SFR/D 728 W Mariposa AVE   $1,950,000 $2,166.67 2/1,0,0,0 900/E 1920/EST 1/24/2020
719 Maryland El Segundo

719 Maryland – 2019’s Highest Priced Home Sale in El Segundo

2019’s high sale of the year goes to 719 Maryland which was a new construction 5 bedroom, 3300* single family home in the heart of the community.  Sitting on  a nice sized lot of almost 6500 feet the home had a spacious backyard and the location was ideal with a real community/neighbhrood feel.

View the current homes for sale in El Segundo.

719 Maryland sold for $2,550,000 and sold prior to actually going on the market.

While it was not long ago that homes over $2,000,000 in El Segundo were incredibly rare…..there were 10 homes that sold over $2,000,000 during the year.

*information provided from the listing, deemed reliable but not guaranteed.

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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.

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

About Vista Sotheby's

Vista Sotheby's

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.

This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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