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

View all of the current beachfront homes for sale on The Strand in Manhattan Beach

El Segundo Real Estate Market – At a Glance

El Segundo Real Estate Snapshot

Here’s are home quarantine version of our market snapshot.  It’s just a quick overview of what’s happening in the El Segundo real estate market.  For more  on real estate trends and statistics view our detailed market information. See also the homes that sold in April 2020

By the Numbers – El Segundo Home Sales and Home Prices for April 2020

April 2020 Home Sales and Real Estate Stats

April was a VERY slow month for home sales in El Segundo with only 3 properties closing escrow during the month.  The median list price was $1,098,000 with the median sales price of $1,100,000 meaning the three homes basically sold for full price. The average price per foot was $754 and average days on market was 38.   View the April 2020 home sales in other South Bay cities as well.

Type
Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year Built
CONDO/A
770 W
Imperial AVE   #47
$590,000
$500.00
2/1,0,1,0
1180/A
1966/ASR
TWNHS/A
305
Kansas ST   #B
$1,100,000
$541.87
3/3,0,0,0
2030/A
2006/PUB
SFR/D
818
Penn ST  
$1,290,000
$1,220.44
2/1,0,0,0
1057/A
1930/ASR

Can An El Segundo Home Sell for Almost $4,000,000? 650 W Maple Tests the Luxury Market

650 W Maple, El Segundo - $3,785,000

Just a few years ago we wrote an article on whether El Segundo could sustain a home for sale priced over $2,000,000.  A year or two later and the market was tested again with a $3,000,000+ home came on the market.  Now we’re really going to see just how much of a luxury market El Segundo can be with 2 homes currently for sale above $3,750,000.  

One of those homes is located at 650 Maple.  This is a 2020 build with 5 bedrooms, 6 baths and approximately 4,500 square feet of living space*. It sits on a very large 8000+ foot lot and offers modern architecture. One unique element of this home is that it actually has a bit of an ocean view which is a rarity for El Segundo.

Information on 650 W Maple, El Segundo

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

3 of the 11 Current Homes for Sale in El Segundo Located in Waypointe and Pacific Landing

At the moment there are only 11 homes for sale on the MLS in El Segundo CA. 3 of the 11 available homes are in the new construction complexes of Waypointe and Pacific Landing.  While most of the homes in the communities have sold there are still a few on the market and given the current conditions that may be likely to remeain the same for a bit.

Current Homes for Sale in El Segundo CA

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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.

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El Segundo Real Estate. All information deemed reliable but not guaranteed.