El Segundo Real Estate Update – January 2023 v. January 2022

How did January 2023 compare with a year earlier in terms of real estate market activity in El Segundo?

……not so well.

January 2023 El Segundo market update

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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