July was a solid month for home sales in El Segundo. There were 12 properties that sold during the momth and the median sales prices was a very impressive $1,472,000. The average days on market was a very brief 17 before going into escrow. View all of the homes that sold during the month.
View the current homes for sale in El Segundo
The story of El Segundo in Q2 of 2020 was much like the rest of the world…..deeply impacted by the pandemic. Home sales were very slow due in large part to the uncertainty caused by the coronavirus. April-June saw only 22 total home sales in El Segundo compared with 49 in the same months a year earlier. The good news is that it was still a very solid market in terms of numbers….especially for sellers. The median home price was an impressive $1,251,000 and the average days on market was a very short 23.
View all of the homes currently for sale in El Segundo
El Segundo saw a very nice rebound after a few slower months in April and May. The 13 closed home sales was the most since January and a big jump from the 6 home sales in May and only 3 in April. Pending home sales have really gone up quickly as well from 3 in March, to 4 in April, 11 in May and all the way up to 17 in June.
View the current homes for sale in El Segundo.
The chart below shows active listings (light green bar) pending home sales (red line) and closed home sales (dark green bar)
Welcome to our quick recap for real estate in El Segundo during the month of May. Home sales in the city of El Segundo were way down with only 6 homes that closed escrow compared with 25 in May of 2019. On the other hand, house prices were very impressive with the median home price of $1,420,000. Homes that sold averaged only 19 days on market compared with 62 the year earlier.
View all of the current homes, houses and townhomes for sale in El Segundo CA
May 2020 picked up a little steam in terms of home sales in El Segundo with 6 closed escrows compared with only 3 a month earlier. It was still a dramatic drop from one year earlier with 25 home sales in May of 2019. View a chart of the past 15 months of active listings, pending escrows and closed home sales in El Segundo.
MLS# | Type | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | Sold Date | |
SB20017258 | CONDO/A | 815 | Main ST #302 | $699,000 | $610.48 | 2/2,0,0,0 | 1145/A | 1983/ASR | 5/15/2020 |
20564678 | SFR | 815 | PENN ST | $1,099,000 | $981.25 | 2/2,0,0,0 | 1120/ | 1962 | 5/19/2020 |
SB20104028 | SFR/D | 840 | Hillcrest ST | $1,115,000 | $879.34 | 3/2,0,0,0 | 1268/A | 1950/ASR | 5/31/2020 |
SB20026224 | TWNHS/A | 548 E | Imperial AVE | $1,150,000 | $584.05 | 3/3,0,1,0 | 1969/B | 2019/SLR | 5/12/2020 |
SB20032247 | SFR/D | 837 | Virginia ST | $1,950,000 | $695.68 | 3/4,0,0,0 | 2803/S | 1918/ASR | 5/15/2020 |
SB20102866 | SFR/D | 709 E | Pine AVE | $2,509,200 | $721.66 | 5/2,2,1,0 | 3477/B | 2020/BLD | 5/29/2020 |
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 |
