Market Statistics Archives

June 2018 El Segundo Home Sales

770 W IMPERIAL Av # 31

List / Sold: $475,000 / $480,000
18 days on the market • Sold On 06/13/2018
2 beds, 3 baths • 888 sqft • $540.54/sqft • Built in 1966
ML# 18327778

770 W Imperial Av # 32

List / Sold: $519,000 / $520,000
29 days on the market • Sold On 06/13/2018
2 beds, 1 baths • 1,116 sqft • $465.95/sqft • Built in 1966
ML# SB18082025

1313 E Grand Av # B

List / Sold: $895,000 / $895,000
2 days on the market • Sold On 06/08/2018
beds, 3 baths • 1,356 sqft • $660.03/sqft • Built in 1989
ML# SB180273653

303 Kansas St # C

List / Sold: $1,079,000 / $1,079,000
13 days on the market • Sold On 06/22/2018
4 beds, 3 baths • 2,030 sqft • $531.53/sqft • Built in 2006
ML# PV18096002

1107 E Walnut Av

List / Sold: $1,170,000 / $1,170,000
Single Family Residence
0 days on the market • Sold On 06/29/2018
2 beds, 1 baths • 1,171 sqft • 6,253 sqft lot • $999.15/sqft • Built in 1948
ML# SB18096139

302 W Maple Av

List / Sold: $1,199,000 / $1,178,999
Single Family Residence
19 days on the market • Sold On 06/22/2018
3 beds, 2 baths • 1,416 sqft • 7,280 sqft lot • $832.63/sqft • Built in 1931
ML# SB18098496

706 Virginia St

List / Sold: $1,179,000 / $1,200,000
Townhouse
6 days on the market • Sold On 06/26/2018
4 beds, 4 baths • 2,230 sqft • $538.12/sqft • Built in 2007
ML# SB18116906

433 W Maple Av

List / Sold: $1,325,999 / $1,275,000
Single Family Residence
147 days on the market • Sold On 06/29/2018
3 beds, 2 baths • 1,499 sqft • $850.57/sqft • Built in 1967
ML# PW18024590

909 McCarthy Ct

List / Sold: $1,399,900 / $1,300,000
Single Family Residence
19 days on the market • Sold On 06/28/2018
3 beds, 2 baths • 2,132 sqft • 7,590 sqft lot • $609.76/sqft • Built in 1953
ML# SB18087008

539 Penn St

List / Sold: $1,399,000 / $1,365,000
Duplex
106 days on the market • Sold On 06/04/2018
5 beds, 2 baths • 2,120 sqft • 6,002 sqft lot • $643.87/sqft • Built in 1924
Consists of two individual homes featuring a unit mix consisting of (1) 2-bed/2-bath and (1) 2-bed/1-bath units with 2,120 SF of total living area.
ML# SB18030747

713 E Maple Av

List / Sold: $1,499,000 / $1,460,000
Single Family Residence
35 days on the market • Sold On 06/21/2018
3 beds, 3 baths • 1,674 sqft • 5,799 sqft lot • $872.16/sqft • Built in 1956
ML# SB18059236

839 Hillcrest St

List / Sold: $1,735,000 / $1,700,000
Single Family Residence
8 days on the market • Sold On 06/22/2018
5 beds, 3 baths • 2,919 sqft • 5,001 sqft lot • $582.39/sqft • Built in 1978
ML# SB18097821

in El Segundo homes for sale, Homes for sale, Market Statistics, MLS Search Posted by ktkyle

July 8, 2017March 20, 2023

El Segundo Median Home Prices Top $880,000 for May 2017

May 2017 saw another solid month in the El Segundo real estate market with 8 homes selling at a median price of $880,000 which was almost 10% higher than the same month a year earlier. View the sold homes for May 2017 in El Segundo or visit our El Segundo real estate market statistics.

City	Homes Sold	May 2017 Median	May 2016 Median	Year over Year % Change%
Carson	41	$458,000	$453,000	1.2%
El Segundo	8	$880,000	$803,000	9.7%
Gardena	65	$523,000	$425,000	23.1%
Harbor City	14	$503,000	$439,000	14.5%
Hawthorne	46	$610,000	$485,000	25.8%
Hermosa Beach	26	$1,738,000	$1,285,000	35.3%
Lawndale	16	$485,000	$455,000	6.5%
Lomita	18	$653,000	$488,000	33.7%
Long Beach	356	$472,000	$485,000	-2.6%
Manhattan Beach	46	$2,175,000	$1,875,000	16%
Marina Del Rey	32	$933,000	$925,000	0.8%
Palos Verdes Estates	47	$1,650,000	$1,499,000	10.1%
Playa Del Rey	31	$720,000	$560,000	28.6%
Rancho Palos Verdes	51	$1,275,000	$1,060,000	20.3%
Redondo Beach	87	$1,054,000	$950,000	10.9%
San Pedro	63	$620,000	$489,000	26.8%
Torrance	140	$690,000	$593,000	16.4%
Westchester	44	$965,000	$1,130,000	-14.6%

in Homes for sale, Market Statistics Posted by ktkyle

Why Days on Market Can Be Misleading on El Segundo Homes

By Keith Kyle

I’m sure most MLS systems are different but here in the South Bay the days on market on the CRMLS can be a bit misleading. Many buyer and agents use days on market as a negotiating tool….the longer the home has been on the market, the more leverage the buyer has to come in low or negotiate other favorable terms.

The problem is that days on market doesn’t always indicate just how long the home has been available and is not necessarily indicative of “active” status. As realtors when our clients accept an offer we have the option of changing the status to “pending” or “active under contract”. Pending stops the days on market from accruing, but active under contract does not. A home can go into escrow on day one, change the status to active under contract (again meaning it’s in escrow) and if it falls out of escrow 20 days later the days on market for the home will show 20. It’s very misleading as the home has not been available for those 20 days and now puts the seller and listing agent at a disadvantage…..even though it sold the first day.

The other aspect that leads to misinformation is that with this days on market accruing on many home, it does not allow for an accurate picture of the market. For instance a certain area of town or city itself may show an average days on market for a certain month to be one thing….when many of those homes were not actually available. It may show days on market at 45 when the reality is that the homes in the community actually go into escrow after 30.

It’s a problem that needs to be addressed as it can change perceptions….both on an individual home and the market in general.

in Communities, First Time Buyers, Housing Inventory, Market Statistics Posted by ktkyle

January 9, 2017March 20, 2023

El Segundo CA Home Sales and Prices for November 2016

By Keith Kyle

El Segundo posted some solid home sales numbers in November 2016 with 14 homes selling at a median price of just over $816,000. Although this was a dramatic 30% drop from November 2015 it was representative of a solid month. The prior November was an extreme exception as median prices of over $1,000,000 are very rare in this costal community. To see the home sales in El Segundo click here.

City	Homes Sold	November 2016 Median	November 2015 Median	Year over Year % Change%
Carson	54	$450,000	$420,000	7%
El Segundo	14	$816,000	$1,171,000	-30.3%
Gardena	44	$504,000	$413,000	22%
Harbor City	9	$523,000	$404,000	29.5%
Hawthorne	37	$575,000	$520,000	10.6%
Hermosa Beach	17	$1,380,000	$1,625,000	-15%
Lawndale	8	$393,000	$521,000	-24.6%
Lomita	6	$473,000	$535,000	-11.6%
Long Beach	298	$490,000	$435,000	12.6%
Manhattan Beach	38	$1,863,000	$1,831,000	1.7%
Marina Del Rey	21	$955,000	$945,000	1.1%
Palos Verdes Estates	25	$1,550,000	$1,675,000	-7.5%
Playa Del Rey	20	$658,000	$612,000	7.5%
Rancho Palos Verdes	47	$1,088,000	$945,000	15.1%
Redondo Beach	75	$900,000	$855,000	5.3%
San Pedro	58	$515,000	$485,000	6.3%
Torrance	112	$656,000	$585,000	12.1%
Westchester	32	$943,000	$892,000	5.7%

in Communities, Market Statistics, Real Estate Trends Posted by ktkyle

2016 Homes were Slightly More Affordable than in the Third Quarter of 2015

In somewhat a surprise, the CAR has come out with a housing affordabilty study and found that in 2016 homes were slightly more affordable than in 2015 in the third quarter. Unfortunately that doesn’t impact El Segundo real estate or the South Bay much as we’re located in one of the least affordable areas in the state.

in Housing Inventory, Market Statistics Posted by ktkyle

October 23, 2016March 20, 2023

August 2016 Home Sales and Median Prices in El Segundo CA

By Keith Kyle El Segundo homes for sale

August 2016 was a solid month for homes throughout the South Bay with El Segundo seeing a whopping increase in median home price over August of 2015. El Segundo saw 15 closed home and property sales in the month of August with a median home price of $1,075,000. With typical median prices hovering around $800,000 for most of 2016 this was a fairly incredible number. As of October 23rd 2016 there are 31 active homes and income properties for sale in El Segundo and 17 homes currently in escrow. View the current homes for sale in El Segundo, CA or view a list of the homes sold in El Segundo and the South Bay in August.

City	Homes Sold	August 2016 Median	August 2015 Median	Year over Year % Change%
Carson	56	$450,000	$430,000	4.7%
El Segundo	15	$1,075,000	$780,000	37.8%
Gardena	43	$470,000	$399,000	17.8%
Harbor City	24	$523,000	$450,000	16.1%
Hawthorne	47	$575,000	$493,000	16.8%
Hermosa Beach	22	$1,723,000	$1,389,000	24.%
Lawndale	16	$498,000	$437,000	13.8%
Lomita	23	$619,000	$510,000	21.4%
Long Beach	348	$463,000	$459,000	.8%
Manhattan Beach	36	$1,800,000	$1,923,000	-6.4%
Marina Del Rey	24	$1,059,000	$928,000	14.1%
Palos Verdes Estates	42	$1,412,000	$1,815,000	-22.2%
Playa Del Rey	16	$623,000	$560,000	11.2%
Rancho Palos Verdes	57	$1,065,000	$1,155,000	-7.8%
Redondo Beach	100	$968,000	$842,000	15%
San Pedro	70	$481,000	$475,000	1.3%
Torrance	179	$645,000	$585,000	10.3%
Westchester	44	$1,093,000	$890,000	22.7%

in Communities, Homes for sale, Market Statistics, MLS Search Posted by ktkyle

Market Statistics

June 2018 El Segundo Home Sales

770 W IMPERIAL Av # 31

770 W Imperial Av # 32

1313 E Grand Av # B

303 Kansas St # C

1107 E Walnut Av

302 W Maple Av

706 Virginia St

433 W Maple Av

909 McCarthy Ct

539 Penn St

713 E Maple Av

839 Hillcrest St

El Segundo Median Home Prices Top $880,000 for May 2017

Why Days on Market Can Be Misleading on El Segundo Homes

El Segundo CA Home Sales and Prices for November 2016

2016 Homes were Slightly More Affordable than in the Third Quarter of 2015

August 2016 Home Sales and Median Prices in El Segundo CA

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