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.