Luxury living room - 1510 E Oak El Segundo

June 2020 Home Sales and House Prices in El Segundo

June was a solid month for home sales and home prices in El Segundo.  The 13 home sales was the most since November.  The median “list” price for the homes that sold was $1,249,000 with the median price they actually “sold” for was $1,325,000 which was impressive to say the least. That huge gap means most homes sold for well over their list price and certainly indicates a sellers market. The average price per foot was $719.17 and the average days on market was a very low 31.  To see how these numbers compare with other months see our lates real estate recap post for homes in El Segundo.

Current homes for sale in El Segundo

June 2020 Home Sales and Homes Prices

MLS #
Type
 
Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year
TR20047327
TWNHS/A
1630 E
Palm AVE   #10
$840,000
$609.58
3/2,0,1,0
1378/A
1991/PUB
20571518
CONDO
535 E
WALNUT AVE   #B
$845,088
$528.18
2/2,0,1,0
1600/A
1989
SB20085408
TWNHS/A
328 E
Imperial AVE   #6
$900,000
$507.61
3/2,0,1,0
1773/A
2004/ASR
SW20067973
TWNHS/A
544 E
Imperial AVE  
$970,000
$551.76
3/3,0,1,0
1758/B
2018/BLD
SB20081693
SFR/D
653 W
ACACIA   W
$1,000,000
$692.04
3/2,0,0,0
1445/A
1948/ASR
SB20056294
SFR/D
715
Hillcrest ST  
$1,045,000
$980.30
2/1,0,0,0
1066/A
1952/ASR
SB20068665
DPLX/A
904
Sheldon ST  
$1,325,000
$791.52
3/2,0,0,0
1674/P
1940/PUB
SB20100295
SFR/D
1230 E
Pine AVE  
$1,349,000
$944.68
3/1,1,0,0
1428/A
1950/ASR
SB20059801
SFR/D
203 W
Walnut AVE  
$1,357,000
$1,043.85
3/2,0,0,0
1300/B
1950/ASR
SFR/D
218 E
Mariposa AVE  
$1,363,000
$668.46
3/2,1,1,0
2039/T
1990/ASR
SB20062161
SFR/D
929
McCarthy CT  
$1,504,000
$586.81
5/3,0,2,0
2563/A
1952/ASR
SB20076081
DPLX/D
742
Loma Vista ST  
$1,559,000
$761.23
5/3,0,0,0
2048/P
1957/PUB
SB20078133
SFR/D
729 W
Pine AVE  
$1,965,000
$683.24
5/2,2,0,0
2876/A
1950/ASR

5 of 16 Homes for Sale in El Segundo Located in New Construction Community of Waypointe

Waypointe, the new construction townhome community in El Segundo, is definitely playing the biggest role in El Segundo real estate at the moment.  The townhomes have been released in waves and, at this point there are 5 on market townhomes for sale.  Given that there are only 16 properties on the market in all of El Segundo, they are definitely playing a prominent role in the market.

Current El Segundo Homes for Sale

El Segundo Housing Inventory Up……Sales Down

The good news for buyers is that the inventory of unsold homes in El Segundo is going up while the number of homes that are selling and closing escrow are going down.  The number of active listings has gone up every month this year from 7 in January, 10 in February, 14 in March and 19 in April.  The number of closed sales has dropped however from 13 in January, to 7 in February, 6 in March and only 3 in April.  May may be on a recovery track with 6 closed escrow.

El Segundo Home sales for the past 15 Months

Homes We Like – Beautiful New Home Listed at 321 Lomita in El Segundo

321 Lomita Street, El Segundo - Listed for $2,600,000

Update - this home sold for $2,5811,875

This weeks featured home is a beautiful 5 bedroom home on Lomita Street with architecture the listing agent is calling “coastal farm house”.  Built just a few years ago this home offers the spacious layout today’s luxury buyers are looking for while still offering some small town charm that fits well in El Segundo. The home last sold for $2,300,000 on 04/02/18 PRICE: $2,600,000 BEDS: 5 BATH: 4 1/2 SQFT: 3,029* PRICE PER SQFT: $858.37 LOT SIZE: 5,723 SQ FEET GARAGE: 2 CAR SIDE BY SIDE YEAR: 2018

Information on 321 Lomita Street El Segundo W Mariposa, El Segundo

Listing Courtesy of Amie Schneider – Compass
El Segundo real estate overview 2022

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
Redondo Beach luxury townhomes

Only 2 Homes Have Ever Been Priced over $3,500,000 in El Segundo – They’re Both Currently on the Market

Can El Segundo Handle the high End Luxury Market?

While home prices in neighboring Manhattan Beach often go well into the multi millions, El Segundo is still a far more affordable town to live in. Unlike it’s neighbor to the south, sold home prices in El Segundo average around $1,200,000 with anything over $3,000,000 extremely rare.   

There has never been an on market home sale in El Segundo priced over $3,000,000 but that’s likely to change. 

There have only been 3 homes ever priced over $3,000,000 and two of them are currently on the market.  The home at 650 W Maple is priced at $3,785,000 and the home (property would be more accurate) at 728 W Mariposa is on the market at $3,750,000 and is acautally in escrow.  This is a really unique property so doesn’t quite equate to a standard residential sale as it’s a new home under construction on a massive double lot with a main home with 4,200 feet and a guest home/ADU as well.

El Segundo luxury homes

The Two highest priced homes on the MLS in El Segundo are both currently on the market.

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el segundo homes for sale

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Welcome to real estate in the South Bay and El Segundo.  We hope that we are your one source for everything real estate in El Segundo.  From free home search, to MLS access to information on this charming city.

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El Segundo Real Estate. All information deemed reliable but not guaranteed. The agent providing the information contained herein may not have been a buyer’s and/or seller’s agent. This information is based on data pulled from CRMLS