El Segundo doesn’t generally see too many open houses as home inventory is
down and it’s a fairly small town with few homes for sale in the best of markets. This weekend sees more than usual with several advertised open houses. See the list below for El Segundo and the South Bay. If you’re seeing this post after the September dates please visit our South Bay open houses site for updated homes for sale and schedules.
By Keith Kyle
Last month we wrote a market update and explained how the number of homes available for sale in El Segundo had jumped a bit due to the recent completion of 12 new townhome units on the corner of Pepper and Walnut. The demand for these new units was in full force as all but 3 of the units are now in escrow or under contract. The townhomes ranged in price between $789,000 to $849,000. All were 3 bedroom 2.5 bath estimated at 1900 square feet. and fairly ideally located near Main Street and downtown El Segundo.
By Keith Kyle
The market in El Segundo seems to have leveled a bit with the number of homes for sale hovering in the high teens for the past few months. As of August 25th there are currently active listings in El Segundo. Although last month saw a significant increase in active listings and this month we see an increase in pending home sales, the numbers are skewed a bit due to the recent release of a number of new construction townhomes on Walnut and Pepper.
By Keith Kyle
The real estate market in El Segundo continues to be hot with very low inventory and prices continuing to rise. Summer months are traditionally very active due to the award winning school system and proximity to the coast. El Segundo has a wonderful small town feel and is conveniently located close to all that Los Angeles and the South Bay has to offer.
By Keith Kyle
It’s been a while since we’ve seen more than just one or two single family homes for sale in the neighborhood of Hollyglen which may start to ease some of the pent up demand in this somewhat secret neighborhood. Although it has a Hawthorne mailing address, this great neighborhood is an unincorporated area and enjoys it’s own award winning school system known as the Wiseburn District. Hollyglen sits just north of Rosecrans and just west of the 405 freeway and has remained somewhat of an unknown jewel in South Bay real estate. I has the feel of Torrance neighborhoods of West Torrance and Southwood, with tree lined streets, schools within walking distance, and offer a very safe and social neighborhood feel. As of April 2, 2014 there are 7 single family homes for sale in Hollyglen, with 3 new construction in the 360 South Bay community, 2 additional homes in Del Aire (but west of the 405 so in somewhat similar neighborhood) priced from $544,000 (Del Aire) to $890,000 for a 4 bedroom new construction in 360. Prices for a 3/2 single family built in the 1950s, which most are, generally range lately between $640,000 and $690,000
Click here to view the current single family homes for sale in Hollyglen CA
One of the nice aspects of El Segundo is that, unlike some of its neighbor cities to the south, it still retains a small town feel. One of the reasons for
this is that instead of every “beach bungalow” being torn down and replace with mini mansions that overwhelm the smaller lots, many homes are updated and upgraded and have their original charm. 841 Loma Vista is one of these.
Click here to view the details and photos of 841 Loma Vista in El Segundo CA
