May 2020 Home Sales and Home Prices in El Segundo

El Segundo Real Estate Update - May Home Sales

May 2020 picked up a little steam in terms of home sales in El Segundo with 6 closed escrows compared with only 3 a month earlier.  It was still a dramatic drop from one year earlier with 25 home sales in May of 2019.  View a chart of the past 15 months of active listings, pending escrows and closed home sales in El Segundo.

May Home Sales in El Segundo

 

MLS#
Type
 Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year
Sold Date
SB20017258
CONDO/A
815Main ST   #302
$699,000
$610.48
2/2,0,0,0
1145/A
1983/ASR
5/15/2020
20564678
SFR
815PENN ST  
$1,099,000
$981.25
2/2,0,0,0
1120/
1962
5/19/2020
SB20104028
SFR/D
840Hillcrest ST  
$1,115,000
$879.34
3/2,0,0,0
1268/A
1950/ASR
5/31/2020
SB20026224
TWNHS/A
548 EImperial AVE  
$1,150,000
$584.05
3/3,0,1,0
1969/B
2019/SLR
5/12/2020
SB20032247
SFR/D
837Virginia ST  
$1,950,000
$695.68
3/4,0,0,0
2803/S
1918/ASR
5/15/2020
SB20102866
SFR/D
709 EPine AVE  
$2,509,200
$721.66
5/2,2,1,0
3477/B
2020/BLD
5/29/2020

El Segundo Real Estate Market – At a Glance

El Segundo Real Estate Snapshot

Here’s are home quarantine version of our market snapshot.  It’s just a quick overview of what’s happening in the El Segundo real estate market.  For more  on real estate trends and statistics view our detailed market information. See also the homes that sold in April 2020

By the Numbers – El Segundo Home Sales and Home Prices for April 2020

April 2020 Home Sales and Real Estate Stats

April was a VERY slow month for home sales in El Segundo with only 3 properties closing escrow during the month.  The median list price was $1,098,000 with the median sales price of $1,100,000 meaning the three homes basically sold for full price. The average price per foot was $754 and average days on market was 38.   View the April 2020 home sales in other South Bay cities as well.

Type
Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year Built
CONDO/A
770 W
Imperial AVE   #47
$590,000
$500.00
2/1,0,1,0
1180/A
1966/ASR
TWNHS/A
305
Kansas ST   #B
$1,100,000
$541.87
3/3,0,0,0
2030/A
2006/PUB
SFR/D
818
Penn ST  
$1,290,000
$1,220.44
2/1,0,0,0
1057/A
1930/ASR

Real Estate Recap – March 2020 El Segundo Home Sales

March was a slow month for real estate in El Segundo with only 6 homes sold during a usually active month.  The lowest priced sale of the month was located at as usual as it’s a larger complex and usually the the least expensive condo building in the area.  The median asking price in March was $1,124,250 and the median sold price was $1,012,500 which may be an indicator that the current “sellers” market may be shifting a bit.  The average price per foot for the month was $517.  Average days on market was 55 but the median days on market was an impressive 9 days.

View the current homes for sale in El Segundo

March 2020 Home Sales & Prices in El Segundo CA

Type   Address Price $ Per Foot Bed/Bath Sq Feet Year Built Sold Date
CONDO/A 770 W Imperial AVE   #43 $520,000 $517.41 2/1,0,1,0 1005/A 1966/ASR 3/18/2020
CONDO/A 123 E Oak AVE   #105 $745,000 $593.15 2/2,0,0,0 1256/A 1979/ASR 3/6/2020
SFR/D 935 Cypress ST   $1,000,000 $886.52 3/1,0,1,0 1128/A 1924/PUB 3/2/2020
SFR/D 120 W Sycamore AVE   $1,025,000 $1,205.88 2/1,0,0,0 850/A 1928/ASR 3/18/2020
SFR/D 848 Pepper ST   $1,395,000 $857.93 3/2,0,0,0 1626/A 1960/ASR 3/17/2020
SFR/D 823 Sheldon ST   $1,700,000 $896.62 4/2,0,1,0 1896/A 1963/ASR 3/26/2020

February Real Estate Recap – El Segundo Home Sales and Prices

February was a very slow month for closed home sales in El Segundo with only 7 homes sold during the month.  Prices were solid as they’ve been over the past 18 months with the median list prices of $1,185,000 and a median sales price of $1,155,000.  With the median sales price lately being near or even over the list priced that may indicate a slight cooling but one month of stats does not indicate a trend.  Only time will tell.  Average price per foot for sold homes in El Segundo was $845.  Median days on market was only 10 which is fairly incredible.

View the current homes for sale in El Segundo CA

February 2020 Home Sales and Prices in El Segundo.

MLS # Type   Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
SB19283921 CONDO/A 900 Cedar ST   #111 $620,000 $526.76 2/2,0,0,0 1177/A 1978/ASR 2/12/2020
SB19238651 SFR/D 315 W Palm Ave    $1,044,000 $848.09 5/2,0,0,0 1231/A 1927/ASR 2/4/2020
SB20017420 TWNHS/A 307 Kansas ST   #B $1,060,000 $522.17 3/2,0,1,0 2030/A 2006/ASR 2/27/2020
SB20001552 SFR/D 948 Eucalyptus DR   $1,155,000 $996.55 3/2,0,0,0 1159/A 1939/PUB 2/12/2020
SB20009543 SFR/D 747 Center ST   $1,310,500 $1,373.69 2/2,0,0,0 954/A 1943/ASR 2/11/2020
SB20002854 SFR/D 821 Pepper ST   $1,327,000 $852.28 3/1,1,0,0 1557/T 1956/ASR 2/14/2020
19499382 SFR 430 W Walnut AVE   $1,941,000 $796.47 4/3,0,0,0 2437/B 2019 2/25/2020

 

Home Sales and Housing Prices in El Segundo for November

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.

View the active homes for sale in El Segundo California

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
SB19244352 SFR/D 422 Maryland ST   $1,225,000 $929 3/1,1,0,0 1318/P 1947/PUB 11/28/2019
SB19189819 SFR/D 704 Penn ST   $1,330,000 $801 3/2,0,1,0 1661/A 1941/ASR 11/26/2019
SB19221319 SFR/D 845 McCarthy CT   $1,585,000 $868 4/3,0,0,0 1825/A 1952/ASR 11/1/2019
SW19045535 SFR/D 926 Fairing PL   $1,665,000 $560 4/3,0,1,0 2975/B 2018/BLD 11/18/2019
SB19222745 SFR/D 1124 E Acacia AVE   $1,845,000 $766 4/3,0,1,0 2410/D 1949/ASR 11/7/2019
SB19149734 SFR/D 925 Sheldon ST   $1,950,000 $701 4/3,0,1,0 2781/B 2019/BLD 11/26/2019
SB19150418 SFR/D 929 Sheldon ST   $1,975,000 $710 4/3,0,1,0 2781/B 2019/BLD 11/15/2019
SB19083854 SFR/D 506 Sheldon ST   $2,060,000 $762 4/4,0,0,0 2705/S 1952/ASR 11/15/2019
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

See all of the real estate trends and statistics in El Segundo

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