Welcome to the 2020 El Segundo real estate market year in review. What a year it was with 129 home sales during the year. The median sold price was a very impresssive $1,380,000 and average price per square foot was $721 which was a big jump from the $656 in 2019. The average days o market was a brief 32.
Happy New Year El Segundo and the South Bay
Happy new year to our friends and clients in El Segundo and all of the South Bay. While it was a tough year for just about everything else, it was a great year for home sales and home prices in one of the best communitiesin all of Southern California.
From all of us at El Segundo Real Estate and Homes, Vista Sotheby’s International and El Segundo realtor and area specialist Keith Kyle, we wish you a very happy and safe 2021!
October Home Sales and Property Prices in El Segundo CA
October was another busy month for home sales in El Segundo CA. There were 13 home sales in this coastal community which was a solid number although much lower than the record month of September 2020 with 20 homes selling in El Segundo.
View the current home sales in El Segundo
October Home Sales in El Segundo
| Type | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | Sold Date | |
| CONDO/A | 900 | Cedar #310 | $686,000 | $582.84 | 2/2,0,0,0 | 1177/A | 1978/ASR | 10/19/2020 |
| TWNHS/A | 580 E | Imperial AVE | $885,990 | $712.78 | 2/2,0,1,0 | 1243/B | 2018/BLD | 10/27/2020 |
| TWNHS/A | 708 | Virginia ST | $1,149,000 | $623.44 | 3/1,1,1,0 | 1843/B | 2007/ASR | 10/22/2020 |
| SFR/D | 1468 | Elin Pointe DR | $1,199,000 | $607.70 | 3/3,0,0,0 | 1973/A | 2004/ASR | 10/9/2020 |
| SFR/D | 1524 E | Mariposa AVE | $1,279,000 | $671.39 | 3/2,0,0,0 | 1905/A | 1947/ASR | 10/6/2020 |
| SFR/D | 316 | Loma Vista ST | $1,463,000 | $599.84 | 5/4,0,0,0 | 2439/A | 1954/ASR | 10/1/2020 |
| TWNHS/A | 127 | W Palm Ave | $1,469,000 | $726.87 | 4/3,0,0,0 | 2021/B | 2020/BLD | 10/15/2020 |
| TWNHS/A | 131 W | Palm AVE | $1,470,000 | $772.87 | 4/3,0,0,0 | 1902/B | 2020/ASR | 10/21/2020 |
| SFR/D | 760 | Yucca ST | $1,530,000 | $712.62 | 3/2,0,0,0 | 2147/A | 1969/ASR | 10/1/2020 |
| SFR/D | 758 | Bayonne ST | $1,550,000 | $1,212.83 | 3/2,0,0,0 | 1278/A | 1924/ASR | 10/13/2020 |
| SFR/D | 529 | Hillcrest ST | $1,675,000 | $892.86 | 4/2,1,0,0 | 1876/A | 1949/ASR | 10/7/2020 |
| SFR | 924 | Camber LN | $1,942,000 | $652.77 | 4/3,0,1,0 | 2975/B | 2019/SLR | 10/22/2020 |
| SFR/D | 840 | Sheldon ST | $2,200,000 | $524.06 | 5/3,0,0,2 | 4198/AP | 2009/PUB | 10/13/2020 |
El Segundo Real Estate By the Numbers
Take a look at some of the most recent trends in the El Segundo real estate market. The chart below shows the past 15 months and the number of active MLS listings in El Segundo, pending home sales and closed sales each month. September was a great month with an impressive 20 closed home sales in El Segundo.
2020 El Segundo Real Estate Trends and Statistics
As with all of the South Bay (and the world) the real estate market in El Segundo was dominated by concerns over the pandemic. April was a historically slow month with only 3 total home sales compared with 10 the prior April. Things seem to be picking up however with pending sales on the rise significantly. March saw 3 pending sales, April saw 4, 11 in May and 17 in June which is the highes number since April of 2019. Inventory of active listings is still somewhat on the high side but dropping as the market picks up a bit. The median home prices and price per foot for homes in El Segundo in Q2 were impressive.
El Segundo Real Estate Market Trends & Statistics
Keep current on what’s happening in El Segundo real estate market with our latest real estate trends and statistics. While there are few enough homes sold each month to dramatically drive monthly average home prices up or down, the average prices have risen well beyond the $1,000,000 mark and have reached all the way up to $1.6M in late 2018.
Home Prices continue to rise – Is this the start of a changing market?
November saw a significant increase in active listings with 37 homes for sale which was way above any other month. See the current homes for sale in El Segundo.
Average Price Per Sq Foot
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 below 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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