El Segundo Home Sales Show HUGE increases in June of 2016

By Keith Kyle750 30th

The numbers are in and June 2016 was a big month in terms of both the number of homes sold and the prices.  Home prices were up year over year in every South Bay city other than Manhattan Beach and El Segundo was, perhaps, the most impressive.  17 homes sold in June at a stunning $1,121,000 which is way higher than normal.  It’s rare to see median prices in the million dollar price range in this small coastal community.  To see the homes sold in Manhattan Beach for June 2016 view our recent sales information.

City Homes
Sold
June
2016 Median
June
2015 Median
Year
over Year % Change%
Carson 63 $450,000 $425,000 5.8%
El Segundo 17 $1,121,000 $888,000 26.2%
Gardena 47 $430,000 $399,000 7.8%
Harbor City 18 $547,000 $360,000 51.9%
Hawthorne 37 $624,000 $539,000 15.7%
Hermosa Beach 24 $1,248,000 $1,230,000 3.6%
Lawndale 13 $519,000 $450,000 15.2%
Lomita 16 $555,000 $530,000 4.7%
Long Beach 408 $470,000 $450,000 4.4%
Manhattan Beach 40 $1,962,000 $2,400,000 -18.25%
Marina Del Rey 32 $900,000 $810,000 11.1%
Palos Verdes Estates 39 $1,533,000 $1,500,000 2.2%
Playa Del Rey 22 $603,000 $610,000 -1.2%
Rancho Palos Verdes 75 $1,200,000 $1,110,000 8.2%
Redondo Beach 106 $950,000 $870,000 9.2%
San Pedro 79 $500,000 $472,000 6%
Torrance 163 $635,000 $597,000 6.3%
Westchester 44 $1,050,000 $923,000 13.8%

Find out the Value of Your El Segundo Home

While it’s always best to speak with a local realtor or appraiser to get the most accurate idea of the value of your home, many of our clients simply want a rough idea of the current value.  Our quick home valuator will consider thousands of homes and the most recent sales in El Segundo to offer you an almost immediate estimate of price in today’s market.  We hope this is helpful and when it’s time to find out a more accurate price based on details such as specific location, views, and condition, please contact us for a FREE home valuation report.

Simply type in your address to get an estimate of your homes current value.