Category: Market Statistics
Median Home Price in El Segundo Tops $1,000,000
By Keith Kyle
The January home sales numbers are in and the median home prices for El Segundo in January was a whopping $1,074,000. Although the market is certainly continuing to rise the jump of almost 35% was due mainly to the types of homes that closed in January. Unlike previous months the bulk of the homes that sold were larger single family homes on large lots, and multi unit properties. The highest sales price was for 802 Center Street which closed at $2,150, 000 which is a very large number for this coastal community. It wasn’t long ago that home sales in El Segundo approaching $2.0M was fairly unheard of. Click here to view the home sales in El Segundo and South Bay for January 2016.
| City | Homes Sold |
January 2016 Median |
January 2015 Median |
Year over Year % Change% |
| Carson | 27 | $415,000 | $385,000 | 7.8% |
| El Segundo | 8 | $1,074,500 | $799,000 | 34.5% |
| Gardena | 28 | $471,000 | $399,000 | 18% |
| Harbor City | 13 | $500,000 | $454,000 | 10.1% |
| Hawthorne | 33 | $457,000 | $500,000 | -8.5% |
| Hermosa Beach | 10 | $1,783,500 | $1,680,000 | 6.2% |
| Lawndale | 9 | $450,000 | $430,000 | 4.7% |
| Lomita | 12 | $420,000 | $365,000 | 15.1% |
| Long Beach | 241 | $425,000 | $406,000 | 4.7% |
| Manhattan Beach | 22 | $1,760,000 | $1,675,000 | 5.1% |
| Marina Del Rey | 16 | $1497,000 | $855,000 | 75.1% |
| Palos Verdes Estates | 19 | $1,272,000 | $1,251,000 | 1.7% |
| Playa Del Rey | 10 | $574,000 | $527,000 | 9.0% |
| Rancho Palos Verdes | 38 | $900,000 | $1,015,000 | -11.3% |
| Redondo Beach | 66 | $885,000 | $802,000 | 10.3% |
| San Pedro | 47 | $465,000 | $450,000 | 3.4% |
| Torrance | 83 | $632,000 | $617,000 | 2.3% |
| Westchester | 22 | $880,000 | $900,000 | -2.2% |
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% |
Prices and Values Continue to Rise in El Segundo
By Keith Kyle
To anyone keeping up with the El Segundo real estate market, it should come as no surprise that home values just keep going up. The median home prices and list prices have continued to rise although the average home sales prices has been somewhat stagnant. Click to view all of the latest market trends in El Segundo. To see the recent home sales in El Segundo click here.
March Home Sales and Home Prices in El Segundo and the South Bay
By Keith Kyle
March once again saw some impressive median home prices while housing inventory remained low. The median home price in El Segundo for March of 2015 was $849,000 with 17 home sales. The real estate market trends in El Segundo are definitely indicating a very active summer market. With some top schools and a location along the coast, the summer months are always the highest demand for this coastal community. See the current homes for sale in El Segundo.
| City | Homes Sold | March 2015 Median | March 2014 Median | Year over Year % Change |
| Carson | 55 | $425,000 | $395,000 | 7.6% |
| El Segundo | 17 | $849,000 | $727,500 | 16.7% |
| Gardena | 38 | $403,000 | $390,000 | 3.3% |
| Harbor City | 15 | $455,000 | $328,500 | 38.5% |
| Hawthorne | 62 | $642,500 | $444,000 | 44.7% |
| Hermosa Beach | 22 | $1,310,000 | $1,260,000 | 4% |
| Lawndale | 7 | $447,000 | $335,500 | 33.4% |
| Lomita | 13 | $481,000 | $428,000 | 12.3% |
| Long Beach | 310 | $414,000 | $389,000 | 6.4% |
| Manhattan Beach | 44 | $1,940,000 | $1,696,000 | 14.4% |
| Marina Del Rey | 39 | $860,000 | $760,000 | 13.2% |
| Palos Verdes Estates | 24 | $1,400,000 | $1,445,000 | -3.1% |
| Playa Del Rey | 24 | $546,000 | $840,000 | -35% |
| Rancho Palos Verdes | 43 | $1,044,000 | $1,005,000 | 3.9% |
| Redondo Beach | 87 | $840,000 | $750,000 | 12% |
| San Pedro | 63 | $475,000 | $435,000 | 9.2% |
| Torrance | 115 | $529,000 | $530,000 | -.4% |
| Westchester | 34 | $822,000 | $764,000 | 7.7% |
El Segundo Real Estate Market Update
By Keith Kyle
The market in El Segundo seems to have leveled a bit with the number of homes for sale hovering in the high teens for the past few months. As of August 25th there are currently active listings in El Segundo. Although last month saw a significant increase in active listings and this month we see an increase in pending home sales, the numbers are skewed a bit due to the recent release of a number of new construction townhomes on Walnut and Pepper.