Waypointe, the new construction townhome community in El Segundo, is definitely playing the biggest role in El Segundo real estate at the moment. The townhomes have been released in waves and, at this point there are 5 on market townhomes for sale. Given that there are only 16 properties on the market in all of El Segundo, they are definitely playing a prominent role in the market.
Welcome to our quick recap for real estate in El Segundo during the month of May. Home sales in the city of El Segundo were way down with only 6 homes that closed escrow compared with 25 in May of 2019. On the other hand, house prices were very impressive with the median home price of $1,420,000. Homes that sold averaged only 19 days on market compared with 62 the year earlier.
El Segundo Real Estate Update - May Home Sales
May 2020 picked up a little steam in terms of home sales in El Segundo with 6 closed escrows compared with only 3 a month earlier. It was still a dramatic drop from one year earlier with 25 home sales in May of 2019. View a chart of the past 15 months of active listings, pending escrows and closed home sales in El Segundo.
May Home Sales in El Segundo
$ Per Foot
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