The History of $2.0M+ Home Sales in El Segundo

The Luxury Home Market in El Segundo

It wasn’t long ago that a home sale over $2,000,000 in El Segundo was an extreme rarity.  Unlike neighborhing Manhattan Beach real estate, El Segundo isn’t known as a luxury market but that’s changing.

In 2013, 2014 and 2015 there was only 1 $2.0+ home sale each year and the common denominator was very large lots.  The home in 2013 was land value and the 23,000+ foot lot sold for $2,000,000 which happened to turn into 12 townhome that all sold between the high $700s and $800s. (now that’s a nice return)

2016 was the first year where this luxury price range started to be a bit normal in El Segundo with 5 home sales over $2,000,000.   After a slow 2017 there were 6 homes that sold in 2018 and 10 $2.0M+ home sales in 2019.

View the current homes for sale in El Segundo

 

The History of El Segundo Homes over $2,000,000

 
Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year
Lot Size
Sold Date
115 E
Walnut AVE  
$2,000,000
$1,639.34
2/2,0,0,0
1220/A
1920/ASR
23,386
4/12/2013
 
 
 
 
 
 
 
 
 
670 W
Maple AVE  
$2,100,000
$335.79
6/5,0,0,0
6254/A
2006/ASR
9,850
7/30/2014
 
 
 
 
 
 
 
 
 
1501 E
Sycamore AVE  
$2,075,000
$359.56
4/5,0,0,0
5771/A
2009/ASR
10,408
8/11/2015
 
 
 
 
 
 
 
 
 
840
Center ST  
$2,150,000
$598.39
4/5,0,0,0
3593/A
2008/ASR
6,872
1/15/2016
815
California ST  
$2,100,000
$583.66
4/2,1,0,0
3598/A
1966/ASR
9,725
2/1/2016
332
Whiting ST  
$2,350,000
$535.43
6/5,0,1,0
4389/A
1928/ASR
7,156
4/7/2016
437
Kansas ST  
$2,080,000
$658.23
5/4,0,1,0
3160/A
2005/ASR
5,570
6/7/2016
515
Loma Vista ST  
$2,225,000
$590.66
5/4,0,1,0
3767/A
2007/ASR
6,411
7/22/2016
403
Whiting ST  
$2,155,000
$718.33
3/2,1,0,0
3000/E
2015/OTH
7,470
4/14/2017
 
 
 
 
 
 
 
 
 
707
Bungalow DR  
$2,300,000
$575.00
5/4,0,1,0
4000/O
2010/ASR
6,590
1/25/2018
425 W
OAK AVE  
$2,350,000
$587.50
5/5,0,1,0
4000/D
2017/BLD
8,144
2/13/2018
321
Lomita ST  
$2,300,000
$759.33
5/3,1,1,0
3029/S
1948/ASR
5,723
4/2/2018
758
Lomita ST  
$2,300,000
$575.00
5/4,0,1,0
4000/O
2004/ASR
6,482
7/6/2018
917
Sheldon ST  
$2,560,000
$609.52
5/4,0,1,0
4200/B
2018/BLD
7,978
8/10/2018
628 W
OakAVE  
$2,389,500
$660.63
5/4,0,1,0
3617/AP
1925
7,183
9/18/2018
 
 
 
 
 
 
 
 
 
807
Bungalow DR  
$2,150,000
$503.16
5/4,0,1,0
4273/A
2005/ASR
6,594
1/15/2019
815
California ST  
$2,180,000
$605.89
4/2,1,0,0
3598/A
1951/ASR
9,711
4/5/2019
618
Lomita ST  
$2,495,000
$463.07
4/3,2,1,0
5388/AP
1943/ASR
6,420
5/6/2019
752
Bungalow DR  
$2,210,000
$561.20
4/4,0,1,0
3938/A
2002/ASR
6,591
5/15/2019
513 W
Mariposa AVE  
$2,000,000
$594.00
4/1,2,0,0
3367/A
2001/ASR
5,004
6/28/2019
719
Maryland ST  
$2,550,000
$772.73
5/1,2,0,1
3300/B
1942/PUB
6,481
8/27/2019
1510 E
Oak AVE  
$2,275,000
$595.24
5/5,0,1,0
3822/A
2012/BLD
6,582
10/3/2019
414 W
Oak AVE  
$2,510,000
$669.33
6/4,0,0,0
3750/B
2019/BLD
8,233
11/13/2019
506
Sheldon ST  
$2,060,000
$761.55
4/4,0,0,0
2705/S
1952/ASR
6,000
11/15/2019
712 W
Pine AVE  
$2,150,000
$755.45
4/4,2,0,0
2846/T
2009/SLR
8,036
11/22/2019
 
 
 
 
 
 
 
 
 
709 E
Pine AVE  
$2,509,200
$721.66
5/2,2,1,0
3477/B
2020/BLD
5,848
5/29/2020
733 W
Mariposa AVE  
$2,480,000
$834.45
4/4,0,0,0
2972/A
2012/SEE
10,887
7/14/2020

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

719 Maryland – 2019’s Highest Priced Home Sale in El Segundo

2019’s high sale of the year goes to 719 Maryland which was a new construction 5 bedroom, 3300* single family home in the heart of the community.  Sitting on  a nice sized lot of almost 6500 feet the home had a spacious backyard and the location was ideal with a real community/neighbhrood feel.

View the current homes for sale in El Segundo.

719 Maryland sold for $2,550,000 and sold prior to actually going on the market.

While it was not long ago that homes over $2,000,000 in El Segundo were incredibly rare…..there were 10 homes that sold over $2,000,000 during the year.

*information provided from the listing, deemed reliable but not guaranteed.

Home Sales and Housing Prices in El Segundo for November

November was a really strong month for home sales in El Segundo with 17 closed on MLS home sales.  Given that El Segundo averages around 10-11 home sales a month 17 was a big number, especially when considering the time of year.  November is not traditionally an overly active months for real estate in El Segundo.

The median “list” price for the month was $1,499,000 with a median “sold” price of $1,330,000 which is fairly unusual for the South Bay in November.  It may be an indication that prices are softening or may just be a blip on the rader.   We’ll need to see further trends to determine.    See the 2019 El Segundo real estate trends below.  Average days on market for the month was 54.

The lowest priced sale of the month was a 2 bedroom condo at 770 W Imperial Ave known as Pacific Sands.  While this is a great starter complex, Pacific Sands is generally the least expensive housing option in El Segundo.  The highest priced property sale of the month was a very large single family home located at 414 W Oak.  Other notable sales were 510 E Imperial Ave, 516 E Imperial Avenue, 552 E Imperial Avenue which are all in the new townhome construction community of Waypointe and 926 Fairing Place which is in the new construction single family community of Pacific Landing.

View the active homes for sale in El Segundo California

November 2019 Home Sales and Home Prices in El Segundo.

MLS Type   Address Price $ per Foot Bed/Bath Sq Feet Year Sold Date
19517428 CONDO 770 W Imperial AVE #68 $515,000 $512 2/1,0,1,0 1005/A 1966 11/14/2019
IN19228928 CONDO/A 770 W Imperial AVE #89 $545,000 $575 2/2,0,0,0 948/A 1966/ASR 11/26/2019
SB19175483 CONDO/A 818 Main ST   #202 $732,000 $521 2/2,0,0,0 1406/A 1979/ASR 11/26/2019
SW19110379 TWNHS/A 510 E Imperial AVE   $1,000,000 $508 3/3,0,1,0 1969/B 2018/BLD 11/1/2019
SW19101433 TWNHS/A 516 E Imperial AVE   $1,015,000 $577 3/3,0,1,0 1758/B 2018/BLD 11/29/2019
SB19221255 TWNHS/A 121 W Palm AVE #3 $1,050,000 $626 3/3,0,1,0 1678/A 1990/ASR 11/15/2019
SW19131717 CONDO/A 552 E Imperial AVE #314 $1,094,924 $623 3/3,0,1,0 1758/B 2019/BLD 11/29/2019
SB19244352 SFR/D 422 Maryland ST   $1,225,000 $929 3/1,1,0,0 1318/P 1947/PUB 11/28/2019
SB19189819 SFR/D 704 Penn ST   $1,330,000 $801 3/2,0,1,0 1661/A 1941/ASR 11/26/2019
SB19221319 SFR/D 845 McCarthy CT   $1,585,000 $868 4/3,0,0,0 1825/A 1952/ASR 11/1/2019
SW19045535 SFR/D 926 Fairing PL   $1,665,000 $560 4/3,0,1,0 2975/B 2018/BLD 11/18/2019
SB19222745 SFR/D 1124 E Acacia AVE   $1,845,000 $766 4/3,0,1,0 2410/D 1949/ASR 11/7/2019
SB19149734 SFR/D 925 Sheldon ST   $1,950,000 $701 4/3,0,1,0 2781/B 2019/BLD 11/26/2019
SB19150418 SFR/D 929 Sheldon ST   $1,975,000 $710 4/3,0,1,0 2781/B 2019/BLD 11/15/2019
SB19083854 SFR/D 506 Sheldon ST   $2,060,000 $762 4/4,0,0,0 2705/S 1952/ASR 11/15/2019
SB19160605 SFR/D 712 W Pine AVE   $2,150,000 $755 4/4,2,0,0 2846/T 2009/SLR 11/22/2019
SB19217162 SFR/D 414 W Oak AVE   $2,510,000 $669 6/4,0,0,0 3750/B 2019/BLD 11/13/2019

El Segundo Real Estate chart showing monthly number of homes for sale, pending sales and closed home sales

See all of the real estate trends and statistics in El Segundo

Just Sold – 1510 E Oak in El Segundo

We’re happy to announce our latest home sale and so happy that our clients put their trust in us. There are not all that many $2M+ home sales in El Segundo but this was one that was well worth it. The owners did a fantastic job of keeping it in near perfect condition and selling it was a dream. Their designer eye made the home look like it was professionally staged. Congratulations!

  • $2,275,000 sales price
  • 5 bedrooms all with en suite baths
  • Beautiful Tuscan design
  • 3 car garage
  • Great outdoor areas

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el segundo homes for sale

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keith kyle

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