Townhomes for Sale On The Rise In Fusion South Bay

The real estate market in Fusion South Bay doesn’t always follow the normal trends and patterns of some of the surrounding neighborhoods.  Unlike the surrounding cities of Manhattan Beach and Redondo Beach in which home inventory has been down and prices are on still on the rise, the market in Fusion comes in waves.  As of several months ago there were almost no homes for sale and when one came on the market it quickly sold.  The next few homes that became available were priced on the very high end and sat for some time (some still sitting) and as many of the newer listings were based on those prices there is an abundance of homes for sale ranging from the smaller A and B floorplans to two 3 bedroom units that are generally rare and not often on the market.  Fusion is a great alternative to the more expensive Redondo Beach, Manhattan and El Segundo.  The homes were built between 2005 and 2007 so they feel much larger and newer than anything in a similar price range found nearby.

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.

 

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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