Pango Group

El Segundo, CA 90245

Single-Family Homes

www.pangogroup.com



El Segundo, CA 90245

Thu Feb 29 2024
This week the median list price for El Segundo, CA 90245 is $1,824,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has decreased to 6. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Feb 29 2024
This week the median list price for El Segundo, CA 90245 is $1,824,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has decreased to 6. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,824,000
Median Price of New Listings $1,795,000
Per Square Foot $1,074
Average Days on Market 78
Median Days on Market 91
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 40
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. 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
$2,295,000 2,283 8,000 - 10,000 sqft 3 3 97 0 0 105
$1,995,000 1,579 4,500 - 6,500 sqft 3 2 95 0 0 77
$1,824,000 1,950 4,500 - 6,500 sqft 4 2.5 58 0 0 119
$1,647,500 1,595 6,500 - 8,000 sqft 3 2 71 1 0 24