How did January 2023 compare with a year earlier in terms of real estate market activity in El Segundo?
……not so well.
2023 didn’t exactly start off with a bank in the South Bay. Almost every city saw a big drop in homes that sold,.and nowhere was it slower than El Segundo. There was only one home sale in El Segundo in January. Compare that to 9 last year and you can see just how slow it was. The good news is that the one home that sold was over $3,000,000! Not a bad average home sale price!
The numbers were:
January 2023
Active listings: 13
Pending sales: 10
Sold homes: 1
January 2022
Active listings: 5
Pending sales: 9
Sold homes: 9
Take a look at the home that sold in El Segundo in January 2023.
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