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 | Homes Sold |
December 2015 Median |
December 2014 Median |
Year over 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 | 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% |