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Welcome to the real estate market review for El Segundo. Let’s take a look at April.
By the numbers:
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March was another slower month for home sales in El Segundo with only 5 sold homes but that was a dramatic improvement over January and February.
The average “list” price was $1,201,600 with the average sold price for El Segundo homes that closed at $1,196,000 meaning that homes generally sold slightly below the list price.
The average price per foot for sold homes was $896 which was a big number. Homes averaged 52 days on market before going into pending status.
See how that compares with other months on our El Segundo real estate trends and statistics page.
| Type | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Age | |
| TWNHS | 851 | Washington ST | $1,030,000 | $661 | 3/2,0,1,0 | 1559/A | 1976/ASR |
| TWNHS/A | 1225 | Grand Ave. #D #D | $1,075,000 | $648 | 2/2,0,0,0 | 1660/A | 2006/ASR |
| TWNHS/A | 314 | Penn ST #2 | $1,130,000 | $762 | 2/2,0,1,0 | 1483/A | 1992/ASR |
| SFR/D | 412 W | Acacia AVE | $1,145,000 | $1,279 | 2/1,0,0,0 | 895/A | 1952/ASR |
| SFR/D | 736 | Center St | $1,600,000 | $1,132 | 3/1,1,0,0 | 1414/A | 1958/ASR |
The start of 2023 was a very slow month for the real estate market in the South Bay…..and nowhere was it slower than El Segundo. El Segundo had only one home sell and close escrow in January. Compare that to 9 last year and you can see just how slow it was. Having said that the one home that sold was over $3,000,000! The numbers were:
Active listings: 13
Pending sales: 10
Sold homes: 1
Active listings: 5
Pending sales: 9
Sold homes: 9
Take a look at the home that sold in El Segundo in January 2023.
Well there are slow real estate months….and then there was January. Always a slower month due to the fact that most buyers pause their search during the December holiday season, the 2023 version took it to a new level. There was a whopping one home that closed escrow in January. Yikes. Hopefully things will pick up as the weather warms up and the Super Bowl is behind us.
The good news is that the one sale was a big one……727 Mariposa was a 4000+ square foot home with 5 bedrooms and 5 baths that closed at a very impressive $3,130,000.
| Type | Address | Price | $ Per Sq Ft | Bed/Bath | Sq Feet | Age | |
| SFR/D | 727 W | Mariposa AVE | $3,130,000 | $771 | 5/3,2,0,0 | 4062/A | 1978/ASR |
Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
November was a slow month for home sales in El Segundo with only 6 sold homes compared with the 12 that sold in October (which was a bigger month compared to the usual)
The average “list” price was $1,170,000 with the average sold price for El Segundo homes that closed at $1,138,833 meaning that homes generally sold below the list price.
The average price per foot for sold homes was $638. Homes averaged 45 days on market before going into pending status.
See how that compares with other months on our El Segundo real estate trends and statistics page.
| Home Type | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year Built | |
| CONDO | 950 | Virginia ST #303 | $684,000 | $581.63 | 2/2,0,0,0 | 1176/A | 1981/ASR |
| CONDO/D | 818 | Main ST #101 | $859,000 | $610.95 | 2/2,0,0,0 | 1406/A | 1979/ASR |
| TWNHS/A | 227 W | Palm AVE #5 | $895,000 | $669.41 | 2/3,0,0,0 | 1337/A | 1981/APP |
| TWNHS | 1349 E | Grand AVE #F | $1,065,000 | $719.59 | 3/1,1,1,0 | 1480/ | 1989 |
| TWNHS/A | 311 | Kansas ST #A | $1,455,000 | $699.52 | 4/3,0,1,0 | 2080/A | 2006/ASR |
| SFR/D | 1514 E | Maple AVE | $1,875,000 | $550.82 | 7/4,0,0,0 | 3404/A | 1962/PUB |
This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Bucking the trend of much of the South Bay, the El Segundo real estate market didn’t see all that much of a slowdown overall. There were 14 active listings compared with 9 in the previous October. Sold homes were up with 12 sales compared with only 7 last year. One major difference was the number of homes that went into escrow with a whopping 25 in October of 2021 and only 5 in October 2022.
Home prices were pretty incredible with a median price of $1,593,000 last month compared with $925,000 one year ago. Amazing!
See the current homes for sale in El Segundo
