El Segundo Alternative – 618 1st Street in Hermosa Beach

By Keith Kyle

**update….this home has sold since this was initially posted.**618_1st_St_front1 copy

While we may be focused on El Segundo real estate we do have listings elsewhere as well.  Located just a few short blocks to the beach at 618 1st Street, this beautiful detached Cape Cod designed townhome offers the best in beach living in Hermosa Beach.  Very rare for this area of Hermosa, the home is completely detached and feels like a single family home with great outdoor spaces and a private entry. With a mid level entry and reverse floorplan, the formal entry offers soaring ceilings, hardwood floors and is bathed in natural light.  Entry level features the master suite, 2 spacious bedrooms, convenient laundry area, and a full bath.  The enormous master suite features dual walk in closets, new carpet and paint, and an beautiful bath with jacuzzi tub and  shower.  The upper level offers an incredible amount of space with an open and flexible layout that can adapt to your lifestyle.  The living room features vaulted ceilings, beautiful gas fireplace, and 4 French doors allow for direct access to the patio to take in the near perfect weather.  The top floor also features an oversized and open kitchen with recessed lights, stainless appliances sits cental to both the living room and huge dining room.  Head up to the rooftop deck for great ocean and city light views.  The home also offers a nice backyard area with deck and artificial turf, and a two car attached garage.  All of this ideally located in Hermosa Beach, recently voted the 10th “Happiest Seaside Towns in America” by Coastal Living Magazine.

 Contact listing agent Keith Kyle with Vista Sotheby’s International Realty for more information or for a private showing.  Details and videos at 618FirstStreet.com



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May 2016 Home Sales in El Segundo

El Segundo saw a very slight year over year price decrease in May with 12 homes sold this month at a median price of around $803,000  This was a fairly typical month in El Segundo both in terms of the number of homes sold and the median home prices.  Click here to see the homes sold in El Segundo for May of 2016.

City Homes
Sold
May
2016 Median
May
2015 Median
Year
over Year % Change%
Carson 57 $453,000 $410,000 10.4%
El Segundo 12 $803,000 $804,000 -.1%
Gardena 47 $425,000 $405,000 4.9%
Harbor City 26 $439,000 $415,000 5.8%
Hawthorne 39 $485,000 $525,000 -7.7%
Hermosa Beach 21 $1,285,000 $1,450,000 -11.4%
Lawndale 14 $455,000 $431,000 5.6%
Lomita 15 $488,000 $509,000 -4.1%
Long Beach 349 $485,000 $433,000 11.9%
Manhattan Beach 48 $1,875,000 $2,239,000 -16.2%
Marina Del Rey 31 $925,000 $918,000 .8%
Palos Verdes Estates 55 $1,499,000 $1,515,000 -1.1%
Playa Del Rey 24 $560,000 $615,000 -8.9%
Rancho Palos Verdes 58 $1,060,000 $1,100,000 -3.6%
Redondo Beach 96 $950,000 $845,000 12.5%
San Pedro 66 $489,000 $449,000 8.8%
Torrance 138 $593,000 $579,000 2.4%
Westchester 30 $1,130,000 $900,000 25.6%

March 2016 Median Home Prices for El Segundo CA and the South Bay.

By Keith Kyle

The numbers for March are in and it was a big month for the number of homes sold in Torrance.  Torrance has been hovering a bit over 100 for the past few months but March saw 133 homes sell throughout this South Bay city.

City Homes
Sold
March
2016 Median
March
2015 Median
Year
over Year % Change%
Carson 54 $447,500 $426,500 4.9%
El Segundo 10 $1,006,000 $849,000 18.5%
Gardena 58 $475,000 $403,500 17.7%
Harbor City 14 $450,000 $455,000 -1.1%
Hawthorne 36 $513,000 $642,000 -20.2%
Hermosa Beach 16 $1,183,000 $1,310,000 -9.7%
Lawndale 10 $385,000 $447,000 -13.9%
Lomita 11 $530,000 $481,000 10.1%
Long Beach 327 $478,000 $414,000 15.3%
Manhattan Beach 41 $2,275,000 $1,940,000 17.3%
Marina Del Rey 18 $1,025,000 $860,000 19.2%
Palos Verdes Estates 28 $1,355,000 $1,400,000 -3.2%
Playa Del Rey 18 $560,000 $546,000 2.6%
Rancho Palos Verdes 56 $1,156,250 $1,044,500 10.7%
Redondo Beach 89 $893,000 $862,000 3.7%
San Pedro  80 $554,000 $481,000 15.1%
Torrance 133 $615,000 $530,000 16%
Westchester 25 $910,000 $854,000 6.6%

Big Day for Single Family Home Listings in El Segundo

By Keith Kyle

While usually the single family homes for sale in El Segundo are limited at best, today was a big day by El Segundo standards.  Four new home listings hit the market today and the other big news is that all four were listed over $1,000,000.  Most months the median home prices in El Segundo are below $1,000,000 so it’s impressive to see everything hit the market at this price point.

Click to see the full list of homes for sale in El Segundo.

El_Segundo_Homes_for_Sale_May_2016

February 2016 Median Home Prices in El Segundo and the South Bay

By Keith Kyle116-Pine-El-Segundo

El Segundo, CA and the South Bay saw another strong month for home prices although a few cities saw big percentage drops in average home prices.  Those numbers, especially in smaller cities, or in a month with fewer home sales, don’t really mean much, but taken over times gives a good indication as to what is happening in the local El Segundo real estate market.

El Segundo had a fairly typical month with 11 home sales, but prices topped $1.1M which is pretty rare in this coastal community.

City Homes
Sold
February
2016 Median
February
2015 Median
Year
over Year % Change%
Carson 38 $420,000 $395,000 6.2%
El Segundo 11 $1,109,000 $815,000 36%
Gardena 38 $410,750 $334,000 23%
Harbor City 10 $527,500 $393,000 34.2%
Hawthorne 30 $483,000 $450,000 7.4%
Hermosa Beach 17 $1,225,000 $1,512,500 -19%
Lawndale 8 $431,000 $415,000 3.9%
Lomita 11 %505,000 $326,000 55%
Long Beach 238 $461,000 $409,000 12.7%
Manhattan Beach 22 $1,795,000 $2,361,000 -24%
Marina Del Rey 25 $864,000 $1,335,000 -35%
Palos Verdes Estates 33 $1,403,000 $1,300,000 7.9%
Playa Del Rey 10 $626,000 $710,750 6.9%
Rancho Palos Verdes 26 $1,110,000 $1,039,000 6.9%
Redondo Beach 45 $869,750 $812,000 7.1%
San Pedro 33 $505,000 $416,000 21.4%
Torrance 85 $565,000 $544,000 4%
Westchester 21 $917,000 $820,000 11.8%

Median Home Price in El Segundo Tops $1,000,000

By Keith Kyle840_Center_Street

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%

Our Latest Fusion Sale – New Price Record for an “A” Floorplan

By Keith Kyle7 main room

We’re happy to announce our latest sale at 5404 W 149th Place in Fusion South Bay.  We represented the sellers of this beautiful “A” floorplan condo in one of the South Bay’s only newer construction gated communities.  The combination of a very nice condo with a number of upgrades and our staging made the home shine.  With 7 offers, almost all over asking price, this was definitely a winner.  The real estate market in Fusion South Bay couldn’t be hotter with any and all new listing selling immediately and some even selling before it hit the market.

Congratulations to our client Peter for the quick sale of his beautiful home at the impressive price of $547,000.

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.

In Escrow – New “A” Floorplan in Fusion

Coming to the market in early November, this beautifully updated condo offers the perfect combination of newer construction, active lifestyle, ideal location and affordable price. Located at 5404 149th Place #11 in the Hollyglen area of Hawthorne, this upgraded condo offers gleaming hardwood floors, granite countertops, in unit laundry, stainless appliances and an oversized patio. With 2 bedrooms and 2 bathrooms, each on a different level, this is ideal for a multitude of lifestyles.  See information and floorplan of Fusion South Bay “A” unit.

Fusion at South Bay is one of the few newer construction gated communities in the South Bay and is ideally located just across the street from Manhattan Beach. Enjoy the community pool and spa, the basketball court, small park or take a short 5 minute drive to the beach.  Fusion is also located in the Hollyglen neighborhood with students attending the award winning Wiseburn School District

Contact listing agent Keith Kyle for more information or a sneak preview.

Keith-Kyle-Realtor-smallKeith Kyle – Top Producer, RealtorVista_Google

Vista Sotheby’s International Realty

www.KeithKyleHomes.com

2501 N Sepulveda, Manhattan Beach CA 90266

 

March 2015 Home Sales in El Segundo

El Segundo saw another strong month of home sales in March as the demand for homes in this coastal community continues to increase.  11 homes successfully closed escrow in El Segundo with the lowest price home being a 2 bedroom condo in the Pacific Sands condo complex at 770 W Imperial.  The highest priced sale of the month was a 4 bedroom single family home at 709 Redwood that closed at $1,300,000.

To see other cities or other months home sales visit our El Segundo and South Bay home sales information site.

MLS  Type

Address

 Price  Bed/Bath Year
SB14206112 CONDO/A
770 W

Imperial AV 62

 $              336,500 2/1,1,0,0 1966/ASR
SB15024885 CONDO/A
123 E

Oak AV #204

 $              535,000 2/2,0,0,0 1979/ASR
SB15007247 CONDO/A
935

Main ST #106

 $              565,000 2/2,0,0,0 1981/ASR
SB15025657 TWNHS/A
616 W

Imperial AV #3

 $              735,000 3/1,1,1,0 2012/BLD
SB15030580 SFR/D
926

Virginia ST

 $              750,000 2/1,0,0,0 1951/SLR
SB15023219 TWNHS/A
400

Richmond ST #1

 $              755,000 3/2,0,1,0 1990/ASR
SB15014538 SFR/D
707 W

Acacia AV

 $              795,000 4/1,1,0,0 1966/ASR
SB14262196 SFR/D
821

Sheldon ST

 $              899,000 4/2,0,0,0 1963/ASR
SB15016907 SFR/D
635 W

Maple AV

 $              919,500 3/1,0,0,0 1920/ASR
SB14263990 SFR/D
839

Hillcrest ST

 $          1,279,000 4/3,0,0,0 1978/ASR
SB15026099 SFR/D
709

Redwood AV

 $          1,300,000 4/2,1,0,0 1979/ASR