Pango Group

El Segundo, CA 90245

Single-Family Homes

www.pangogroup.com



El Segundo, CA 90245

Mon Jun 24 2024
This week the median list price for El Segundo, CA 90245 is $2,295,000 with the market action index hovering around 52. This is less than last month's market action index of 62. Inventory has increased to 13. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

El Segundo, CA 90245

Mon Jun 24 2024
This week the median list price for El Segundo, CA 90245 is $2,295,000 with the market action index hovering around 52. This is less than last month's market action index of 62. Inventory has increased to 13. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the El Segundo market.
Median List Price $2,295,000
Median Price of New Listings $1,749,000
Per Square Foot $991
Average Days on Market 39
Median Days on Market 14
Price Decreased 23%
Price Increased 0%
Relisted 0%
Inventory 13
Median Rent
Market Action 52
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$2,895,000 2,708 0.25 - 0.5 acre 5 4 60 0 0 35
$2,479,000 3,136 0 - 4,500 sqft 4 4 10 0 0 49
$2,295,000 2,293 4,500 - 6,500 sqft 4 3 76 2 0 0
$1,737,000 1,805 4,500 - 6,500 sqft 3 2.5 51 3 0 0