“How’s the Market?” Dec 6, 2023

El Segundo, CA 90245

Wed Dec 06 2023
This week the median list price for El Segundo, CA 90245 is $1,845,000 with the market action index hovering around 41. This is less than last month’s market action index of 42. Inventory has held steady at or around 9. Click here to stay informed with the El Segundo market!

Slight Seller’s Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the El Segundo market.

Median List Price
$1,845,000
Median Price of New Listings
$0
Per Square Foot
$837
Average Days on Market
70
Median Days on Market
42
Price Decreased
33%
Price Increased
0%
Relisted
11%
Inventory
9
Median Rent
$7,050
Market Action
41
Slight Seller’s Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

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

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