El Camino Village – One of the Hottest Real Estate Markets in the South Bay

Without question, the neighborhood of El Camino Village is one of the hottest real estate markets in the South Bay.  Not only are prices on the rise but demand never seems to ease up.  We have represented buyers on 4 recent offers and in all 4 situations there were multiple offers and each home sold well over the original list price.   See the current homes for sale in El Camino Village/Bodger Park.

The chart below is a great representation of current conditions (included Bodger Park in Hawthorne so slightly skewed numbers).  Other than December which is almost always the slowest month of the year, days on market has been less than 2 weeks for the past few months.  Those numbers are even lower when you consider that with mulitple offers it can sometimes take 4 or 5 days to negotiate and open escrow.  The green line shows that for the past 12 months homes have sold OVER list prices.  Given that many sellers have listed their homes for record numbers, that’s simply incredible.