March Home Sales and Home Prices in El Segundo and the South Bay

By Keith KyleSouth Bay homes

March once again saw some impressive median home prices while housing inventory remained low.  The median home price in El Segundo for March of 2015 was $849,000 with 17 home sales.  The real estate market trends in El Segundo are definitely indicating a very active summer market.  With some top schools and a location along the coast, the summer months are always the highest demand for this coastal community.  See the current homes for sale in El Segundo.

City Homes Sold March 2015 Median March 2014 Median Year over Year % Change
Carson 55 $425,000 $395,000 7.6%
El Segundo 17 $849,000 $727,500 16.7%
Gardena 38 $403,000 $390,000 3.3%
Harbor City 15 $455,000 $328,500 38.5%
Hawthorne 62 $642,500 $444,000 44.7%
Hermosa Beach 22 $1,310,000 $1,260,000 4%
Lawndale 7 $447,000 $335,500 33.4%
Lomita 13 $481,000 $428,000 12.3%
Long Beach 310 $414,000 $389,000 6.4%
Manhattan Beach 44 $1,940,000 $1,696,000 14.4%
Marina Del Rey 39 $860,000 $760,000 13.2%
Palos Verdes Estates 24 $1,400,000 $1,445,000 -3.1%
Playa Del Rey 24 $546,000 $840,000 -35%
Rancho Palos Verdes 43 $1,044,000 $1,005,000 3.9%
Redondo Beach 87 $840,000 $750,000 12%
San Pedro 63 $475,000 $435,000 9.2%
Torrance 115 $529,000 $530,000 -.4%
Westchester 34 $822,000 $764,000 7.7%