Real Estate Recap – June Real Estate Trends in El Segundo CA

El Segundo saw a very nice rebound after a few slower months in April and May.  The 13 closed home sales was the most since January and a big jump from the 6 home sales in May and only 3 in April.  Pending home sales have really gone up quickly as well from 3 in March, to 4 in April, 11 in May and all the way up to 17 in June.

View the current homes for sale in El Segundo.

The chart below shows active listings (light green bar) pending home sales (red line) and closed home sales (dark green bar)

Welcome to summer in El segundo

Welcome to Summer in El Segundo

While it’s certainly an extrodinary time out there it’s still summer at the beach and that can’t be bad.  We excitedly welcome summer in El Segundo and the South Bay.   From realtor Keith Kyle and Vista Sotheby’s International we want to wish you a very happy and SAFE summer.
Welcome to summer in El segundo
El Segundo real estate overview 2022

El Segundo Real Estate Recap – May Home Sales At a Glance

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.

View all of the current homes, houses and townhomes for sale in El Segundo CA

El Segundo luxury homes

El Segundo Housing Inventory Up……Sales Down

The good news for buyers is that the inventory of unsold homes in El Segundo is going up while the number of homes that are selling and closing escrow are going down.  The number of active listings has gone up every month this year from 7 in January, 10 in February, 14 in March and 19 in April.  The number of closed sales has dropped however from 13 in January, to 7 in February, 6 in March and only 3 in April.  May may be on a recovery track with 6 closed escrow.

El Segundo Home sales for the past 15 Months

May 2020 Home Sales and Home Prices in El Segundo

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

 

MLS#
Type
 Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year
Sold Date
SB20017258
CONDO/A
815Main ST   #302
$699,000
$610.48
2/2,0,0,0
1145/A
1983/ASR
5/15/2020
20564678
SFR
815PENN ST  
$1,099,000
$981.25
2/2,0,0,0
1120/
1962
5/19/2020
SB20104028
SFR/D
840Hillcrest ST  
$1,115,000
$879.34
3/2,0,0,0
1268/A
1950/ASR
5/31/2020
SB20026224
TWNHS/A
548 EImperial AVE  
$1,150,000
$584.05
3/3,0,1,0
1969/B
2019/SLR
5/12/2020
SB20032247
SFR/D
837Virginia ST  
$1,950,000
$695.68
3/4,0,0,0
2803/S
1918/ASR
5/15/2020
SB20102866
SFR/D
709 EPine AVE  
$2,509,200
$721.66
5/2,2,1,0
3477/B
2020/BLD
5/29/2020

Homes We Like – Beautiful New Home Listed at 321 Lomita in El Segundo

321 Lomita Street, El Segundo - Listed for $2,600,000

Update - this home sold for $2,5811,875

This weeks featured home is a beautiful 5 bedroom home on Lomita Street with architecture the listing agent is calling “coastal farm house”.  Built just a few years ago this home offers the spacious layout today’s luxury buyers are looking for while still offering some small town charm that fits well in El Segundo. The home last sold for $2,300,000 on 04/02/18 PRICE: $2,600,000 BEDS: 5 BATH: 4 1/2 SQFT: 3,029* PRICE PER SQFT: $858.37 LOT SIZE: 5,723 SQ FEET GARAGE: 2 CAR SIDE BY SIDE YEAR: 2018

Information on 321 Lomita Street El Segundo W Mariposa, El Segundo

Listing Courtesy of Amie Schneider – Compass

ARE YOU INTERESTED

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el segundo homes for sale

Welcome

Welcome to real estate in the South Bay and El Segundo.  We hope that we are your one source for everything real estate in El Segundo.  From free home search, to MLS access to information on this charming city.

ADDRESS:

2501 N Sepulveda Blvd, Manhattan Beach CA, 90266

Phone:

E-mail:

keith@keithkylehomes.com

CONTACT AGENT

DRE#01712785

keith kyle

Top Producing Realtor

About Vista Sotheby's

Vista Sotheby's

Vista Sotheby's International Realty is one of the top real estate brokersages in Southern California.

El Segundo Real Estate. All information deemed reliable but not guaranteed. The agent providing the information contained herein may not have been a buyer’s and/or seller’s agent. This information is based on data pulled from CRMLS