4 Bedroom home in the Terraces of three sixty
Information on 5543 PalmContact 360 real estate specialist Keith Kyle for more information on this home
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
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 $1,330,000 which is fairly unusual for the South Bay in November. It may be an indication that prices are softening or may just be a blip on the rader. We’ll need to see further trends to determine. See the 2019 El Segundo real estate trends below. Average days on market for the month was 54.
The lowest priced sale of the month was a 2 bedroom condo at 770 W Imperial Ave known as Pacific Sands. While this is a great starter complex, Pacific Sands is generally the least expensive housing option in El Segundo. The highest priced property sale of the month was a very large single family home located at 414 W Oak. Other notable sales were 510 E Imperial Ave, 516 E Imperial Avenue, 552 E Imperial Avenue which are all in the new townhome construction community of Waypointe and 926 Fairing Place which is in the new construction single family community of Pacific Landing.
November 2019 Home Sales and Home Prices in El Segundo.
|MLS||Type||Address||Price||$ 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|
|SB19222745||SFR/D||1124 E||Acacia AVE||$1,845,000||$766||4/3,0,1,0||2410/D||1949/ASR||11/7/2019|
|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
El Segundo CA once again saw a fairly low number of home sales for September 2014. The real estate market continued to be a sellers market with very low inventory and very high demand in this coastal community of the South Bay outside of Los Angeles. The bulk of the home sales in September were dominated by condos, which is a bit unusual. Of the 8 homes sold on the MLS, 5 were condos, one was a townhome and only 2 single family homes. Visit our El Segundo CA homes for sale page to see the current active MLS listings or visit our recent home sale page for the South Bay to see other months and other South Bay Cities.
El Segundo is a fantastic community oriented city in the South Bay. It offers a great small town feel, charming downtown and Main Street areas, award winning schools and proximity to the beach. From a real estate perspective, however, parts of El Segundo do have their challenges….and it’s all about the location. The challenge El Segundo has is that it happens to have some less than appealing neighbors. Directly to the north lies LAX, or Los Angeles International Airport. To the west lies the Hyperion Waste Water Treatment Plant. To the south lies the Chevron Oil Refinery (although the areas nearest to the refinery of primarily commercial) and to the east is a relatively busy, but nice commercial and retail corridor with high rise buildings, hotels and strip malls. Although each area may require some compromise on the part of buyers, each does offer lower prices than the neighborhoods in the center of town. If you’re working with a realtor, make sure that they are familiar with El Segundo and can offer insight into just what the various neighborhoods are like.