El Segundo Real Estate Market Update

By Keith KyleEl Segundo real estate

Real estate in the South Bay and specifically El Segundo continues at a pretty torrid pace.  Slowly rising inventory should alleviate some of the pressure and we may be heading towards a more balanced market.  July was the new high for active homes for sale with 30, topping the year high of 17 in June.  Median home price of active listings is $799,000.  The primary reason for this significant jump in inventory is due to the two new construction projects at the 100 Block of Walnut and the 900 block of Pepper, a 12 unit project from architect Pat Killen.

Currently there are 14 homes in escrow which is also a considerable jump from the 9 homes in escrow during the month of June.

We are still seeing quite the disparity between the average list prices of homes in El Segundo vs. the average sold home prices.  This is primarily due to sellers often listing homes at a “make me move” type price in which they’re looking for something well beyond market values.

Real Estate Market Statistics for El Segundo Townhomes

By Keith Kyle

Whether you are considering buying a townhome in El Segundo or thinking of listing and selling your home, keeping up to date with the market and real estate trends is critical. Take advantage of our real estate market page with information on the number of homes sold, current home inventory, price per foot and median home prices. To view a list of the sold homes visit our recent home sales page. The charts below shows only statistics for condos. For specific types of homes click on the links below. Click to see the current townhomes for sale in El Segundo.

The above chart shows current “active” homes for sale, pending and recent sold townhomes.

The chart above shows the average price per square foot for townhomes only in El Segundo.

The chart above shows the average days on market as well as the % of the sale price above or below the listing price.

The chart above shows the average price for sale as well as the average price of the homes actually sold.

The chart above shows the number of months of inventory based on closed sales in El Segundo

Contact Keith Kyle for more information or statistics for other cities.

 

ARE YOU INTERESTED

IT'S TIME TO DISCOVER

el segundo homes for sale

Welcome

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.

ADDRESS:

2501 N Sepulveda Blvd, Manhattan Beach CA, 90266

Phone:

E-mail:

keith@keithkylehomes.com

CONTACT AGENT

El Segundo real estate specialist Keith Kyle
DRE#01712785

keith kyle

Top Producing Realtor

About Vista Sotheby's

Vista Sotheby's

Vista Sotheby's International Realty is one of the top real estate brokersages in Southern California.

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.

Please see our pledge to web accessibility