Is El Segundo, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing El Segundo is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, El Segundo has remained a Seller's Market.

Key Takeaway

El Segundo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in El Segundo, CA cost?

Median Sold Price

$1,505,115

$811/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$2,615(+0.2%)

Key Takeaway

The sold price of homes in El Segundo has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $434.9K$442.5K
+1.7%
2 $749.5K$873K
+16.5%
3 $1.4M$1.5M
+11.2%
4 $1.8M$2.0M
+9.0%
5+ $2.7M$2.2M
-16.2%

Median Sold Price Compared To Nearby Cities

Hawthorne
+10.3%
South Bay Cities
+9.8%
Los Angeles
+9.5%
Manhattan Beach
+4.5%
El Segundo
0.2%

How many homes are available in El Segundo, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
3324-27.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 98
-11.1%
3 126
-50.0%
4 76
-14.3%
5+ 54
-20.0%

Number of Homes Sold

Oct 2022Nov 2022%
126-50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in El Segundo, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
21 Days53 Days+145.6%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in El Segundo are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About El Segundo, CA

El Segundo, CA has 24 homes for sale to choose from. The inventory of homes for sale in El Segundo, CA between October 2022 and November 2022 decreased by 27.3%. In November 2022 median list price was $1,505,115 and the average listing age was 53 days. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties increased by 1.7%, 2 bedrooms properties prices increased by 16.5%, prices of 3 bedrooms properties increased by 11.2%, prices of 4 bedrooms properties increased by 9%, prices of 5 bedrooms properties went down by 16.2%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 11.1%, the quantity of 3 bedrooms homes went down by 50%, number of 4 bedrooms homes decreased by 14.3%, 5 bedrooms homes inventory decreased by 20%. While more than 0 listings in El Segundo, CA in November 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below.

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