Category: Market Statistics
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
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% |
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.
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% |
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.

