Category: El Segundo Home Sellers
El Segundo Real Estate and the New Reality
The world is certainly changing at the moment and so is real estate and the way “normal” real estate actions are taking place. Although we have seen a slight slowdown, there is still a constant flow of homes being listed for sale and deals being put together. The California Association of Realtors pushed Gavin Newsom to establish real estate as an essential business in the midst of this pandemic. So, while we are definitely in strange and unchartered times, the business of real estate continues to move forward.
At Vista Sotheby’s International Realty, our agents and support team remain fully operational while adhering to a remote work plan. In addition to virtually conducting our daily team meetings, we are utilizing our top-tier technological resources in order to continue providing you with the best quality service if doing a real estate transaction is in your current plan. These resources include:
Virtual Open Houses
In lieu of public open houses, Vista Sotheby’s International Realty agents will be hosting Virtual Open Houses via Facebook or Instagram live stream. These will allow you to virtually view the property and ask any questions from the comfort of your home. Contact me each week for the full list of our homes that will be hosting Virtual Open Houses that weekend.
Matterport 3D Home Tours
Matterports provide a three-dimensional virtual rendering of a home used to create a realistic, fully immersive viewing experience. This “digital twin” gives you full access to see a property in depth without having to see it in person.
Virtual Live Showings
Interested in a home but “shelter in place” ordinances are preventing you from touring it in person? No problem! With interactive virtual showings, you can still get a live, one-on-one tour of a home just as you would in person.
Virtual Staging
Curate by Sotheby’s International Realty allows you to stage and visualize a house as your own before purchase. The available furniture and decor designs are also shoppable within Curate by Sotheby’s International Realty, as well as on our global website, sothebysrealty.com, through a “shop-the-room” functionality.
Click here to download the Curate App
Give me a phone (or video!) call if you have any questions about our new normal in real estate, including the market and the procedures available to protect you if you are in the market, or even just to say hello – I would love to hear how you are doing and learn about your new normal! I look forward to being able to meet with you in person once this is all behind us. Until then, stay home, stay healthy, and stay safe.
Keith
Real Estate Recap – March 2020 El Segundo Home Sales
March was a slow month for real estate in El Segundo with only 6 homes sold during a usually active month. The lowest priced sale of the month was located at as usual as it’s a larger complex and usually the the least expensive condo building in the area. The median asking price in March was $1,124,250 and the median sold price was $1,012,500 which may be an indicator that the current “sellers” market may be shifting a bit. The average price per foot for the month was $517. Average days on market was 55 but the median days on market was an impressive 9 days.
View the current homes for sale in El Segundo
March 2020 Home Sales & Prices in El Segundo CA
Type | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year Built | Sold Date | |
CONDO/A | 770 W | Imperial AVE #43 | $520,000 | $517.41 | 2/1,0,1,0 | 1005/A | 1966/ASR | 3/18/2020 |
CONDO/A | 123 E | Oak AVE #105 | $745,000 | $593.15 | 2/2,0,0,0 | 1256/A | 1979/ASR | 3/6/2020 |
SFR/D | 935 | Cypress ST | $1,000,000 | $886.52 | 3/1,0,1,0 | 1128/A | 1924/PUB | 3/2/2020 |
SFR/D | 120 W | Sycamore AVE | $1,025,000 | $1,205.88 | 2/1,0,0,0 | 850/A | 1928/ASR | 3/18/2020 |
SFR/D | 848 | Pepper ST | $1,395,000 | $857.93 | 3/2,0,0,0 | 1626/A | 1960/ASR | 3/17/2020 |
SFR/D | 823 | Sheldon ST | $1,700,000 | $896.62 | 4/2,0,1,0 | 1896/A | 1963/ASR | 3/26/2020 |
January 2020 Real Estate Update – El Segundo Home Sales and Prices
January was certainly a slow month for new listings and homes for sale, but had a nice level of activity in terms of closed home sales during the month. There were 12 home sales during the month with a median list price of $1,249,500 and a median sold price of $1,250,000 meaning that, on average, homes sold for over the list price. Needless to say this indicates a market very favorable for home sellers. The median price per foot was $674.15. The biggest sale of the month was just under $2,000,000 for a tear down/lot value home on a huge 16,500+ foot lot.
Only one of the sales was in the new construction single family community of Pacific Landing and that was an almost 3000 foot home with 4 bedromoms at 928 Fairing Place. One other note is that although recorded as an El Segundo sale due to an error on someone’s part, the home that sold at 5220 Pacific was actually in the gated community of Three Sixty South Bay which is technically in Hawthorne….not El Segundo.
View the current homes for sale in El Segundo CA
January El Segundo Home Sales and Home Prices
Type | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | Sold Date | |
CONDO/A | 935 | Main ST #204 | $761,000 | $572.61 | 2/2,0,0,0 | 1329/A | 1981/ASR | 1/30/2020 |
SFR/D | 615 | Center ST | $1,010,000 | $1,262.50 | 2/1,0,0,0 | 800/A | 1943/ASR | 1/29/2020 |
SFR/D | 508 | California ST | $1,100,000 | $616.59 | 3/2,0,0,0 | 1784/A | 1951/PUB | 1/24/2020 |
TWNHS | 901 | Pepper ST | $1,170,000 | $610.01 | 4/2,0,1,0 | 1918/ | 2014 | 1/3/2020 |
SFR/D | 5220 | Pacific in Three Sixty South Bay | $1,199,850 | $495.19 | 4/3,0,0,0 | 2423/A | 2015/ASR | 1/10/2020 |
SFR/D | 615 | Maryland ST | $1,200,000 | $731.71 | 3/1,1,0,0 | 1640/A | 1942/ASR | 1/31/2020 |
TWNHS/A | 406 W | Grand AVE | $1,300,000 | $569.93 | 4/3,0,0,0 | 2281/B | 2019/BLD | 1/31/2020 |
SFR/D | 804 | California ST | $1,485,000 | $773.03 | 4/2,0,1,0 | 1921/A | 1958/ASR | 1/9/2020 |
SFR/D | 443 | Loma Vista ST | $1,600,000 | $1,101.17 | 3/2,0,0,0 | 1453/A | 1938/ASR | 1/23/2020 |
SFR/D | 928 | Fairing PL in Pacific Landing | $1,625,000 | $546.22 | 4/3,0,1,0 | 2975/B | 2018/BLD | 1/17/2020 |
SFR/D | 535 | Arena ST | $1,845,000 | $835.60 | 4/3,0,1,0 | 2208/A | 1927/ASR | 1/3/2020 |
SFR/D | 728 W | Mariposa AVE | $1,950,000 | $2,166.67 | 2/1,0,0,0 | 900/E | 1920/EST | 1/24/2020 |