February Real Estate Recap – El Segundo By the Numbers

El Segundo Real Estate Recap – February By the Numbers

Let’s take a quick look at the the El Segundo real estate market for the month of February 2022.  There were 9 closed home sales during he month and homes averaged 51 days on market before selling.  The median sales prices was $1,100,000.  See all of the homes that sold during the month.

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El Segundo Real Estate Recap – May Home Sales At a Glance

Welcome to our quick recap for real estate in El Segundo during the month of May.    Home sales in the city of El Segundo  were way down with only 6 homes that closed escrow compared with 25 in May of 2019.  On the other hand, house prices were very impressive with the median home price of $1,420,000.  Homes that sold averaged only 19 days on market compared with 62 the year earlier.

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Median Home Price in El Segundo Tops $1,000,000

By Keith Kyle840_Center_Street

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%

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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