Real Estate Recap – June Real Estate Trends in El Segundo CA
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)
during a usually active month. The lowest priced sale of the month was located at as usual as it’s a larger complex and usually the the least expensive condo building in the area. The median asking price in March was $1,124,250 and the median sold price was $1,012,500 which may be an indicator that the current “sellers” market may be shifting a bit. The average price per foot for the month was $517. Average days on market was 55 but the median days on market was an impressive 9 days.