How Do Hollyglen/Del Aire Home Prices Compare East and West of the 405

While there are numerous determining factors when it comes to home values in the Hollyglen/Del Aire, Wiseburn areas of Hawthorne it’s interesting to consider the numbers for homes east and west of the 405 San Diego Freeway.  The freeway cuts down the middle of this area and while some of the homes east of the 405 attend the Wiseburn School District some do not.  As most of the homes (other than 360 and Fusion South Bay) were built in the 40s and 50s it’s a good comparison.  So how much less are the homes east of the freeway?

Since January 1 2018 (based on the date article was written of 9/25) there were 48 single family homes sold west of the 405.  Here are the numbers:

  • Average List Price:  $909,117
  • Average Sales Price:  $927,775
  • Median Sales Price: $887,500
  • Average Price Per Square Foot:  $622.81
  • Highest Price:  $1,300,000
  • Lowest Price:  $710,000
  • Average Day on Market:  22

Compared with the area east of the 405 (West of Inglewood Ave)  Since January 1 2018 (based on the date article was written of 9/25) there were 33 single family homes sold east of the 405.  Here are the numbers:

  • Average List Price:  $693,435
  • Average Sales Price:  $722,633
  • Median Sales Price:  $730,000
  • Average Price Per Square Foot:  $638.24
  • Highest Price:  $870,000
  • Lowest Price:  $550,000
  • Average Day on Market

See the current homes for sale in Hollyglen and Del Aire

And Then There Was One….Low Inventory in 360 South Bay

The lack of new listings continues to be a big problem for buyers in 360 and Fusion. As of February 15th there is only one home for sale in 360 and one in Fusion. While there are some upcoming listings we’re aware of, it’s fairly unbelievable that more owners don’t want to sell in such a favorable market. Prices are at an all time high due to the limited number of homes and the continual demand for homes in these gated communities.

Until more homes become available on the market it’s going to remain a very tough market for home buyers.

See the current home for sale in 360 and information (including homes for sale if any) on Fusion South Bay real estate.

How do Hollyglen Home Prices Compare with the Rest of Hawthorne, CA?

Without question the neighborhoods of Hollyglen and Del Aire the highest prices in the Hawthorne CA real estate market.  With the award winning school district of Wiseburn, the newer construction complexes of 360 South Bay and Fusion South Bay and a residential feel, it competes more with nearby Torrance than other neighborhoods in Hawthorne.  Below are the median home prices in Hollyglen/Del Aire (blue), North Hawthorne (red) Bodger Park (green) and East Hawthorne (grey).   Although all neighborhoods have been steadily increasing in value, the Hollyglen median home prices are consistently $200K+ more than it’s neighboring areas of Hawthorne.

Hawthorne Home Sales and Prices for November 2017

November 2017 was a solid month for home sales in Hawthorne.  There were 50 sold homes in Hawthorne in the month at a median home price of $578,000 which was a 6.9% gain from the same month a year earlier.  To see the sold homes in Hawthorne and Hollyglen visit our recent home sales page.

Of the 50 homes sold in Hawthorne, 10 of the homes were in Hollyglen and the Hollyglen/Del Aire home sales had a median home price of $842,500.  Of the 10 Hollyglen home sales 6 were homes and townhomes in 360 South Bay and one was located in Fusion South Bay.

City Homes Sold November 2017 Median November 2016 Median Year over Year % Change%
Carson 58 $495,000 $455,000 8.8%
El Segundo 19 $875,000 $925,000 -5.4%
Gardena 43 $545,000 $490,000 11.2%
Harbor City 17 $510,000 $415,000 23%
Hawthorne 50 $578,000 $540,000 6.9%
Hermosa Beach 21 $1,414,000 $2,038,000 -30.6%
Lawndale 21 $404,000 $411,000 23%
Lomita 17 $575,000 $580,000 -.9%
Long Beach 322 $525,000 $475,000 10.5%
Manhattan Beach 28 $2,875,000 $2,250,000 27.8%
Marina Del Rey 35 $979,000 $1,150,000 -14.9%
Palos Verdes Estates 30 $1,600,000 $1,825,000 -12.3%
Playa Del Rey 16 $665,000 $635,000 4.8%
Rancho Palos Verdes 47 $1,265,000 $1,250,000 1.2%
Redondo Beach 72 $1,105,000 $878,000 25.8%
San Pedro 69 $530000 $588,000 -9.8%
Torrance 127 $675,000 $632,000 6.9%
Westchester 38 $1,089,000 $1,050,000 3.7%

Hollyglen and Del Aire Home Sales and Home Prices

The neighborhoods of Hollyglen and Del Aire saw a nice jump in home sales with a 15 recorded property sales for September of 2017.   The average sale price was $811,000 in this pocket of Hawthorne.   3 of the home sales were in 360 South Bay with 2 homes sold in Fusion South Bay.

In August, overall the South Bay trended up from the previous year in terms of median home prices with only a few local cities seeing a decrease in y over year prices.

To see all of the home sales in Hollyglen, Del Aire, Hawthorne, and the cities below visit our recent home sales page.

City Homes
Sold
August
2017 Median
August
2016 Median
Year
over Year % Change%
Carson 52 $470,000 $450,000 4.3%
El Segundo 15 $1,235,000 $1,075,000 14.9%
Gardena 53 $495,000 $472,000 4.9%
Harbor City 20 $521,000 $522,000 -.2%
Hawthorne 45 $583,000 $575,000 1.4%
Hermosa Beach 22 $1,358,000 $1,723,000 21.2%
Lawndale 17 $460,000 $498,000 -7.5%
Lomita 19 $610,000 $619,000 -1.5%
Long Beach 404 $490,000 $463,000 5.9%
Manhattan Beach 36 $2,230,000 $1,815,000 22.9%
Marina Del Rey 37 $940,000 $1,059,000 -11.2%
Palos Verdes Estates 37 $1,545,000 $1,413,000 9.4%
Playa Del Rey 27 $625,000 $623,000 .3%
Rancho Palos Verdes 60 $1,088,000 $1,065,000 2.2%
Redondo Beach 118 $975,000 $969,000 .6%
San Pedro 78 $572,000 $481,000 19%
Torrance 154 $698,000 $645,000 8.2%
Westchester 50 $1,180,000 $1,093,000 8%

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Hollyglen & Del Aire real estate

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Hollyglen and Del Aire are wonderful areas and a great place to call home.  Whether you are a home buyer or seller….we hope to have the opportunity to help.

ADDRESS:

2501 N Sepulveda Blvd, Manhattan Beach, CA 90266

Phone:

310-251-2344

E-mail:

keith@keithkylehomes.com

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