Overall August was a bit slower for home sales in Manhattan Beach with 28 on market closed sales. The median home price was $2,800,000 with an average price per foot of $1,473 and only 19 days on market.
Lets’s see how the real estate market got started in 2022. Take a look below at the homes, townhomes and coondos that sold in El Segundo during the month of January. It was a good month for closed home sales in El Segundo with 9 on MLS homes closing escrow during the month. The average “list” price was $1,441,656 with the average sold price at $1,471,667 meaning that, in general, homes sold well higher than the list price. The average price per foot was $757 and median days on market was 29. See how that compares with other months on our El Segundo real estate market trends and statistics page.
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.
February was a very slow month for closed home sales in El Segundo with only 7 homes sold during the month. Prices were solid as they’ve been over the past 18 months with the median list prices of $1,185,000 and a median sales price of $1,155,000. With the median sales price lately being near or even over the list priced that may indicate a slight cooling but one month of stats does not indicate a trend. Only time will tell. Average price per foot for sold homes in El Segundo was $845. Median days on market was only 10 which is fairly incredible.
Whether you are a home buyer or a seller, it helps to understand current values, how they compare with past values and where the real estate market seems to be heading. You can take a look at our updated El Segundo real estate market statistics for current information. For a recent history of the market the chart below represents the number of active homes each month (light green) pending sales (red line) , and closed home sales (dark green) in El Segundo since 2016.
Pacific Sands condos - El Segundo's most affordable location
770 w imperial ave, El Segundo CA 90254
Located at 770 W Imperial Ave, Pacific Sands is El Segundo’s most reasonably priced housing. The building is located in the northwest corner of El Segundo and offers just a short drive, walk or bike to the beach. Built in 1966, most condos have been extensively remodeled while a few are still in fairly original condition. The condos are primarily 2 bedroom there are a few one bedrooms as well. Square footage generally ranges from about 700 square feet to a tad over 1,110 sq feet*. As of this writing HOA dues are around $435 a month.
In the center of the complex is a beautiful saltwater swimming pool, communty gym, jacuzzi, sauna and clubhouse/recreational room. Some of the landscaping and waterfall/bridge features give it a definite resort like feel. The community does allow pets but has restrictions.
Easy access to Dockweiler and South Bay beaches, award winning schools, parks, downtown, LAX, shops, restaurants, freeways and everything else El Segundo and the South Bay have to offer.