So how did January 2023 compare with a year earlier in terms of real estate market activity in El Segundo?
The start of 2023 was a very slow month for the real estate market in the South Bay…..and nowhere was it slower than El Segundo. El Segundo had only one home sell and close escrow in January. Compare that to 9 last year and you can see just how slow it was. Having said that the one home that sold was over $3,000,000! The numbers were:
Active listings: 13
Pending sales: 10
Sold homes: 1
Active listings: 5
Pending sales: 9
Sold homes: 9
Take a look at the home that sold in El Segundo in January 2023.