The Dwindling Housing Inventory in El Segundo

Over the past 12 months there’s been a steady decline in active homes for sale in El Segundo which is not a good trend for home buyers. Supply and demand is a strong market force and with so few active homes for sale in El Segundo, price increases are the norm.  Compared with a year ago there are 70% fewer listings on the market which is pretty incredible.

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

Housing inventory for November 2019 compared with the previous month and the previous November

Home trends and statistics showing past 15 months of homes for sale, pending sales, sold homes and prices.

Date 18-Sep 18-Oct 18-Nov 18-Dec 19-Jan 19-Feb 19-Mar 19-Apr 19-May 19-Jun 19-Jul 19-Aug 19-Sep 19-Oct 19-Nov
For Sale 29 31 34 27 24 27 28 22 22 17 13 19 17 13 10
New Listing 13 13 14 6 14 26 18 11 16 12 8 15 10 10 6
Sold 9 8 5 9 8 7 15 10 25 14 13 8 6 8 17
Pended 6 7 9 10 10 19 16 18 12 15 11 11 10 12 12
Months of Inventory (Closed
Sales)
3.2 3.9 6.8 3 3 3.9 1.9 2.2 0.9 1.2 1 2.4 2.8 1.6 0.6
Months of Inventory (Pended
Sales)
4.8 4.4 3.8 2.7 2.4 1.4 1.8 1.2 1.8 1.1 1.2 1.7 1.7 1.1 0.8
Avg. Active Price 1416 1265 1254 1239 1188 1300 1336 1473 1427 1427 1520 1505 1391 1210 1326
Avg. Sold Price 1442 1418 1313 961 1174 975 1357 1137 1287 1162 1236 1592 1252 995 1426
Avg. Sq. Ft. Price (Sold) 672 663 623 622 618 653 662 627 602 674 677 689 705 560 682
Sold/List Diff. % 98 100 103 100 98 98 100 97 99 98 99 100 97 100 98
Sold/Orig LP Diff. % 96 98 100 96 97 95 98 95 96 97 97 99 93 100 94
Avg Days on Market 30 39 26 41 56 57 38 52 62 25 38 65 47 29 55
Median Sold Price 1415 1595 1150 860 1143 850 1320 1005 1147 1105 1180 1590 1279 848 1330

Real Estate Trends and Statistics for Condos in El Segundo

By Keith Kyle

Whether you are considering buying a condo 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 condos for sale in El Segundo.

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

The chart above shows the average price per square foot for only condos 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.

Market Statistics for Single Family Homes in El Segundo

Whether you are considering buying a home 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. The charts below show information for only single family homes in El Segundo. For specific types of homes click on the links below.  Visit our MLS search to see the current single family homes for sale in El Segundo.

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

The chart below shows the average price per square foot for single family homes in El Segundo.

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

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

The chart below 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.

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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.