REAL-TIME MARKET NUMBERS

El Segundo, CA 90245

Single-Family Homes

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El Segundo, CA 90245

Thu Sep 21 2023
This week the median list price for El Segundo, CA 90245 is $2,074,500 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has increased to 12. Click here to stay informed with the El Segundo market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

El Segundo, CA 90245

Thu Sep 21 2023
This week the median list price for El Segundo, CA 90245 is $2,074,500 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has increased to 12. Click here to stay informed with the El Segundo market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the El Segundo market.
Median List Price $2,074,500
Median Price of New Listings $1,499,750
Per Square Foot $1,169
Average Days on Market 84
Median Days on Market 63
Price Decreased 33%
Price Increased 0%
Relisted 8%
Inventory 12
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,998,000 2,708 6,500 - 8,000 sqft 5 4 59 0 0 140
$2,295,000 1,600 4,500 - 6,500 sqft 3 3 74 0 0 56
$1,999,999 2,128 4,500 - 6,500 sqft 4 2 69 0 0 84
$1,500,000 1,023 6,500 - 8,000 sqft 3 1 76 2 0 0