El Segundo Home Prices up 48% since 2013

The real estate market in El Segundo is hot

Average home prices for single family homes in El Segundo have reached a new record high of $1,365,826 in June 2018, up 4.2% from a year earlier when the average sale price was $1,310,950. The median sale price in June was $1,280,000, up 1.6% from a year earlier.

The average price per square foot for sold homes also reached a new high of $770, up 8.0% from June 2017.  Additionally, the average days on market in June was down 40.8% from June 2017, at only 29 days on market, while the supply of available inventory is only 2 months.

EL SEGUNDO MARKET SNAPSHOT

Single Family Residence
*As of 7.24.18

EL SEGUNDO | Active

Active listings: 12
Minimum list price: $1,475,000
Maximum list price: $2,495,000
Average list price: $1,835,523
Median list price: $1,399,900
Average days on market: 41
Average price per sq. ft.: $671.37

EL SEGUNDO | Sold

Closed Sales Y-T-D: 46
Minimum close price: $910,000
Maximum close price: $2,350,000
Average close price: $1,422,870
Median close price: $1,290,000
Average days on market: 26
Average sales discount: -0.0063% under list

MRMLS single family residence average sales in El Segundo. Information is deemed accurate but not guaranteed.

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Written by Warren Dow
Founder and CEO of Micro Market Media, LCC. Publisher of South Bay Digs and Westside Digs.
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