With an abundance of homes now on the market in 360 there is a variety of floorplans and layouts for just about every buyer.
One of the homes on the market is located at 5543 Palm and is a 4 bedroom residence 3 layout in The Terraces. These are free standing homes much more like single family homes than townhomes. They offer no shared walls, an outdoor patio on the first level, 2 car garage, 4 bedrooms on the second level and a 3rd floor with a huge great room/media room and a spacious outdoor patio.
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.
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.