By Keith Kyle
The January home sales numbers are in and the median home prices for El Segundo in January was a whopping $1,074,000. Although the market is certainly continuing to rise the jump of almost 35% was due mainly to the types of homes that closed in January. Unlike previous months the bulk of the homes that sold were larger single family homes on large lots, and multi unit properties. The highest sales price was for 802 Center Street which closed at $2,150, 000 which is a very large number for this coastal community. It wasn’t long ago that home sales in El Segundo approaching $2.0M was fairly unheard of. Click here to view the home sales in El Segundo and South Bay for January 2016.
| City | Homes Sold |
January 2016 Median |
January 2015 Median |
Year over Year % Change% |
| Carson | 27 | $415,000 | $385,000 | 7.8% |
| El Segundo | 8 | $1,074,500 | $799,000 | 34.5% |
| Gardena | 28 | $471,000 | $399,000 | 18% |
| Harbor City | 13 | $500,000 | $454,000 | 10.1% |
| Hawthorne | 33 | $457,000 | $500,000 | -8.5% |
| Hermosa Beach | 10 | $1,783,500 | $1,680,000 | 6.2% |
| Lawndale | 9 | $450,000 | $430,000 | 4.7% |
| Lomita | 12 | $420,000 | $365,000 | 15.1% |
| Long Beach | 241 | $425,000 | $406,000 | 4.7% |
| Manhattan Beach | 22 | $1,760,000 | $1,675,000 | 5.1% |
| Marina Del Rey | 16 | $1497,000 | $855,000 | 75.1% |
| Palos Verdes Estates | 19 | $1,272,000 | $1,251,000 | 1.7% |
| Playa Del Rey | 10 | $574,000 | $527,000 | 9.0% |
| Rancho Palos Verdes | 38 | $900,000 | $1,015,000 | -11.3% |
| Redondo Beach | 66 | $885,000 | $802,000 | 10.3% |
| San Pedro | 47 | $465,000 | $450,000 | 3.4% |
| Torrance | 83 | $632,000 | $617,000 | 2.3% |
| Westchester | 22 | $880,000 | $900,000 | -2.2% |