12 New Townhomes in El Segundo in High Demand

By Keith Kyle

Last month we wrote a market update and explained how the number of homes available for sale in El Segundo had jumped a bit due to the recent completion of 12 new townhome units on the corner of Pepper and Walnut.  The demand for these new units was in full force as all but 3 of the units are now in escrow or under contract.  The townhomes ranged in price between $789,000 to $849,000.  All were 3 bedroom 2.5 bath estimated at 1900 square feet. and fairly ideally located near Main Street and downtown El Segundo.

 See the MLS information for the new townhomes in El Segundo

 

El Segundo Real Estate Market Update

By Keith KyleEl Segundo real estate

Real estate in the South Bay and specifically El Segundo continues at a pretty torrid pace.  Slowly rising inventory should alleviate some of the pressure and we may be heading towards a more balanced market.  July was the new high for active homes for sale with 30, topping the year high of 17 in June.  Median home price of active listings is $799,000.  The primary reason for this significant jump in inventory is due to the two new construction projects at the 100 Block of Walnut and the 900 block of Pepper, a 12 unit project from architect Pat Killen.

Currently there are 14 homes in escrow which is also a considerable jump from the 9 homes in escrow during the month of June.

We are still seeing quite the disparity between the average list prices of homes in El Segundo vs. the average sold home prices.  This is primarily due to sellers often listing homes at a “make me move” type price in which they’re looking for something well beyond market values.

Welcome to El Segundo Real Estate

By Keith KyleEl-Segundo-Sign

El Segundo real estate is often overlooked in the South Bay as the name perhaps isn’t quite as alluring as it’s neighbors in Manhattan and Hermosa Beach, but it  is a wonderful place to call home and is a more affordable option.  We hope you’ll take advantage of all of the information and resources on El Segundo MLS as we offer a number of ways to search for homes including free MLS access, current homes for sale sorted by both price and type, and if you really want to make your home search easy we will customize your El Segundo home search and send you free daily email updates.  View recent homes sales, current prices, market statistics and much much more.

El Segundo offers residents a small town feel yet closer to key parts of Los Angeles such as LAX, downtown, Santa Monica and more.  Located just north of Manhattan Beach and just east of Los Angeles airport, El Segundo is a true community with a charming downtown area, fantastic school system, endless activities and beautiful Dockweiler Beach.

El-Segundo Real Estate Map

South Bay Communities – Explore the South Bay

El Segundo is a fantastic city and we hope it’s the right fit for you.  If not or if you want to explore the neighboring cities, visit our community pages below for information on real estate, neighborhoods, schools and more.  See what the cities of Hermosa Beach, Manhattan Beach, Redondo, Torrance and others have to offer.

manhattan beach homes
hermosa beach homes
south redondo homes
rancho palos verdes
palos verdes estates homes
North Redondo homes
torrance real estate
el segundo homes
Hollyglen homes
Golden Hills homes
Lawndale homes
Hawthorne homes
El Camino Village homes
oceanfront homes
Playa Del Rey
Gardena homes
Plaza Del Amo
Fusion South Bay
360 South Bay
Manhattan Village homes
Lomita homes
Westchester
Old Torrance homes
Rolling Hills Estates
Rolling Hills homes

Never Miss a New El Segundo Home Listing With Email Updates

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If you’ve been searching websites on your own and checking each day to see what new homes for sale have hit the market in El Segundo, there is an easier way. 

Let us do the work for you.  We are local experts and will create a custom home search based on the exact details you are looking for in a home and will send you hourly, daily, weekly or monthly updates.

This is a FREE service and there is absolutely no obligation.  We hope to earn your business with our helpful search tool, impeccable service and local expertise.

 

El Segundo Real Estate and MLS Search

El  Segundo is a small coastline community equally renowned for its quaint, small town atmosphere as well as a thriving business environment that caters to some of the region’s most prestigious corporations. El Segundo is a very popular place to purchase a home due to the  small town atmosphere, proximity to the beach, and award winning schools.

Real Estate, Homes for Sale in El Segundo

Conveniently  located just south of Los Angeles International Airport, adjacent to the Pacific Ocean, and quickly accessible to the 105 and 405 freeways, El Segundo is ideally situated between Los Angeles and the South Bay beach communities. El Segundo prides itself on its excellent schools, quality recreation programs, safe neighborhoods and unparalleled city services. It is also a haven for business, with 13 Fortune 500 companies and a diverse mix of aerospace firms, high-tech businesses, professional service outfits, fine restaurants and retailers.

Your online resource for El Segundo, California homes and real estate. Find your home in El Segundo with our simple targeted home search or find all South Bay homes with our free MLS access. If you are looking to buy or sell a home or investment property in the area….we can help. Find out why South Bay Brokers should be your El Segundo Realtors®.


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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.