**Please note that this post is older from 2020. Here’s are home quarantine version of our market snapshot. It’s just a quick overview of what’s happening in the El Segundo real estate market. For more on real estate trends and statistics view our detailed market information.
April was a VERY slow month for home sales in El Segundo with only 3 properties closing escrow during the month. The median list price was $1,098,000 with the median sales price of $1,100,000 meaning the three homes basically sold for full price. The average price per foot was $754 and average days on market was 38. View the April 2020 home sales in other South Bay cities as well.
|
Type |
Address |
Price |
$ Per Foot |
Bed/Bath |
Sq Feet |
Year Built |
|
|
CONDO/A |
770 W |
Imperial A |
$590,000 |
$500.00 |
2/1,0,1,0 |
1180/A |
1966/ASR |
|
TWNHS/A |
305 |
Kansas ST |
$1,100,000 |
$541.87 |
3/3,0,0,0 |
2030/A |
2006/PUB |
|
SFR/D |
818 |
Penn ST |
$1,290,000 |
$1,220.44 |
2/1,0,0,0 |
1057/A |
1930/ASR |
Just a few years ago we wrote an article on whether El Segundo could sustain a home for sale priced over $2,000,000. A year or two later and the market was tested again with a $3,000,000+ home came on the market. Now we’re really going to see just how much of a luxury market El Segundo can be with 2 homes currently for sale above $3,750,000.
One of those homes is located at 650 Maple. This is a 2020 build with 5 bedrooms, 6 baths and approximately 4,500 square feet of living space*. It sits on a very large 8000+ foot lot and offers modern architecture. One unique element of this home is that it actually has a bit of an ocean view which is a rarity for El Segundo.
March was a slow month for real estate in El Segundo with only 6 homes sold
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
| 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 |
At the moment there are only 11 homes for sale on the MLS in El Segundo CA. 3 of the 11 available homes are in the new construction complexes of Waypointe and Pacific Landing. While most of the homes in the communities have sold there are still a few on the market and given the current conditions that may be likely to remeain the same for a bit.
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
| 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 |
