Remodels and Flips Dominating the 2019 El Segundo Real Estate Market

Of the 9 homes that have sold in El Segundo so far in 2019 (as of 2/12) 5 of the homes were major remodels or flips with one other being newer construction.  It seems that buyer’s appetites for turn key and show ready homes hasn’t slowed much.  Click here to view the current homes for sale in El Segundo.

873 Maryland – Sold at $1,399,000 – 3 bedroom – 2 bath – 1,432 square feet – Days on Market 84

400 Washington – $1,420,000 – 3 bed – 2 bath – 2,404 square feet – Days on Market 9

1225 E Acacia – $1,595,000 –  4 bedroom – 3 1/2 bath – 2,454 square feet – Days on Market 47

400 E Palm – $1,175,000 – 3 bedroom – 2 bath – 1,185 square feet – Days on Market 92

July 2018 El Segundo Home Sales

738 Lomita, El Segundo sold at $2,300,000

July was a solid month as expected in the El Segundo CA housing market. There were 15 homes sold which is higher than normal.  The median list price was $998,000 with a median sold price of $1,020,000.  Anytime the median sales price is higher than list price you know it’s a hot “sellers” market.  See the current homes for sale in El Segundo.

The top price of the month was a stunning $2,300,000 for 758 Lomita St which is a 5 bedroom, 5 bath custom built (2004) spanish style single family home offering 4,000 square feet on a nice sized 6,482 foot lot.

950 Virginia St # 103

Condominium
List / Sold:
$609,000 / $595,000
117 days on the market • Sold On 07/03/2018
2 beds, 2 baths • 1,191 sqft • 14,124 sqft lot • $499.58/sqft • Built in 1981
ML# OC18019886

738 Main St # 302

Condominium
List / Sold:
$669,000 / $630,000
250 days on the market • Sold On 07/26/2018
2 beds, 2 baths • 1,258 sqft • 13,407 sqft lot • $500.79/sqft • Built in 1979
ML# SB17214397

945 Pepper St # 211

Condominium
List / Sold:
$615,000 / $640,000
9 days on the market • Sold On 07/31/2018
2 beds, 2 baths • 1,175 sqft • 49,819 sqft lot • $544.68/sqft • Built in 1982
ML# SB18136744

935 Main St # 105

Condominium
List / Sold:
$715,000 / $740,000
7 days on the market • Sold On 07/03/2018
2 beds, 2 baths • 1,304 sqft • 20,771 sqft lot • $567.48/sqft • Built in 1981
ML# SB18125619

206 Sheldon St

Townhouse
List / Sold:
$925,000 / $921,000
7 days on the market • Sold On 07/03/2018
4 beds, 3 baths • 1,641 sqft • 7,150 sqft lot • $561.24/sqft • Built in 2009
ML# SB18107265

861 Sheldon St

Single Family Residence
List / Sold:
$995,000 / $1,005,000
24 days on the market • Sold On 07/24/2018
ML# SB18126029

210 Whiting St # G

Townhouse
List / Sold:
$985,000 / $1,017,000
6 days on the market • Sold On 07/12/2018
3 beds, 3 baths • 1,674 sqft • 11,437 sqft lot • $607.53/sqft • Built in 2003
ML# SB18135398

832 Penn St

Single Family Residence
List / Sold:
$999,000 / $1,020,000
0 days on the market • Sold On 07/18/2018
ML# SB18114097

215 Whiting St # 1

Townhouse
List / Sold:
$998,000 / $1,025,000
4 days on the market • Sold On 07/24/2018
3 beds, 4 baths • 1,641 sqft • 17,528 sqft lot • $624.62/sqft • Built in 1992
ML# SB18154425

1537 E PALM Av

Single Family Residence
List / Sold:
$1,099,000 / $1,215,000
10 days on the market • Sold On 07/27/2018
3 beds, 2 baths • 1,471 sqft • 9,493 sqft lot • $825.97/sqft • Built in 1950
ML# 18339304

143 Virginia St

Townhouse
List / Sold:
$1,252,300 / $1,252,300
5 days on the market • Sold On 07/31/2018
3 beds, 3 baths • 1,745 sqft • 5,723 sqft lot • $717.65/sqft • Built in 2018
ML# SB18169073

1423 E Elm Av

Single Family Residence
List / Sold:
$1,399,000 / $1,399,000
2 days on the market • Sold On 07/03/2018
ML# SB18127859

135 Virginia St

Townhouse
List / Sold:
$1,429,000 / $1,429,000
23 days on the market • Sold On 07/19/2018
4 beds, 4 baths • 2,104 sqft • 5,723 sqft lot • $679.18/sqft • Built in 2018
ML# SB18117700

315 E Maple Av

Single Family Residence
List / Sold:
$1,849,000 / $1,800,000
15 days on the market • Sold On 07/31/2018
4 beds, 4 baths • 3,347 sqft • 5,978 sqft lot • $537.80/sqft • Built in 1989
ML# SB18119313

758 Lomita St

Single Family Residence
List / Sold:
$2,300,000 / $2,300,000
1 days on the market • Sold On 07/06/2018
5 beds, 5 baths • 4,000 sqft • 6,482 sqft lot • $575.00/sqft • Built in 2004
ML# SB18148915

Some Smaller Factors That Can Affect A Home’s Value

What’s in a home value?  It’s common knowledge that location, schools, safety and comparable properties are some of the main items that impact a home’s value.  But there are other, smaller factors that also influence a homes value.