Importance of Having an Expert Home Inspector in Hollyglen Real Estate

When purchasing a home in Hollyglen, Del Air or anywhere for that matter, one of the most  important steps is the home inspection process.  It can be limited to a physical home inspection but there are many other elements to the process as well. It’s critical to work with a good home inspector that will help you better understand about the structural, safety and even cosmetic issues with the house. Home inspectors don’t inspect everything and sometimes other inspections and inspectors are warranted.  A good realtor will help guide you through the inspection process and help you find a great Redondo Beach home inspector.

Check It Out – Real Estate Links to the Communities Around Hollyglen

If Hollyglen and Del Aire aren’t the only neighborhoods you might be interested in, click on any city, neighborhood or photo below to see a real estate website designed specifically to provide valuable information on that area. See the current homes for sale, recent home sales, market statistics, area maps, photos and more. We hope that our information can help you with your home search. If you want other information or would like our assistance with your search please don’t hesitate to contact Keith Kyle for all of your real estate needs.

South Bay Communities and Real Estate Websites Around Hawthorne

 

Good Schools Make a Big Difference in Home Prices and Home Searches

When it comes to choosing a neighborhood schools make a big difference.  Hollyglen home prices are directly impacted by the Wiseburn School system and the demand that creates with families wanting to be in the district.  The CAR (California Association of Realtors) recently surveyed home buyers and 47% said that the right school or a good district was very important in their decision making.  In addition 43% of consumers under 34 said schools are important and 58% of consumers making over $100,000 said that schools were a big part of their home search.

Large Home Price Differences in Hawthorne West or East of the 405 Freeway?

For realtors it’s all about location.  The old saying of course is “location, location, location.”  From a real estate market perspective, the Hollyglen/Del Aire area basically consists of two distinct areas….the strip of homes west of the 405 Freeway and the homes East of the 405.  Values have always been higher on the west for a number of reasons.  All of the homes west of the freeway attend the Wiseburn School District while only about half of the homes east of the 405 do (rest are part of Centinela Valley district).  There is less commercial around the neighrhoods on the west.

Here are the numbers for 2018 (only comparing single family homes with 3 beds and 2 baths):

West of the 405: East of the 405:
  • 30 homes sold
  • Median list price of $849,000
  • Median sold price of $875,000
  • Median price per foot $692,000
  • Average list price of $855,000
  • Average sale price of $871,000
  • Average price per foot of $671
  • 16 homes sold
  • Median list price of $725,500
  • Median sold price of $763,000
  • Median price per foot $580
  • Average list price of $727,000
  • Average sales price of $762,000
  • Average price per foot of $579

Hollyglen and Del Aire Real Estate Recap – 2018 Year in Review

Hollyglen and Del Aire were two of the hottest markets in all of the South Bay.  Homes often had multiple offers and sold over list price.  See the full list of the 159 homes that sold in 2018 in Hollygle and Del Aire.  The average list price for the year was a pretty impressive $821,000 with an even more impressive average sales prices of $837,000 meaning on average homes sold well higher than list price.  That’s especially impressive given that many sellers listed their homes for record numbers.

2018 By the Numbers

See the chart below for a month by month analysis of the Hollyglen and Del Aire real estate market.

Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec
For Sale 5 5 4 11 15 8 17 7 12 6 10 12
New Listingq 8 12 18 23 25 18 29 8 17 8 11 11
Sold 4 8 9 15 19 16 26 22 9 15 8 7
In Escrow 8 11 18 13 19 28 21 8 15 8 7 10
Months
of Inventory (Closed Sales)
1.3 0.6 0.4 0.7 0.8 0.5 0.7 0.3 1.3 0.4 1.3 1.7
Months
of Inventory (Pended Sales)
0.6 0.5 0.2 0.8 0.8 0.3 0.8 0.9 0.8 0.8 1.4 1.2
Absorption
Rate (Closed Sales) %
80 160 225 136.4 126.7 200 152.9 314.3 75 250 80 58.3
Absorption
Rate (Pended Sales) %
160 220 450 118.2 126.7 350 123.5 114.3 125 133.3 70 83.3
 Avg. Active Price   $831,000  $700,000  $1,040,000  $921,000  $925,000  $816,000  $847,000  $772,000  $829,000  $879,000  $913,000  $853,000
 Avg. Sold Price   $777,000  $807,000  $785,000  $820,000  $857,000  $856,000  $854,000  $857,000  $892,000  $800,000  $763,000  $889,000
Avg.
Sq. Ft. Price (Sold)
583 583 555 594 565 606 548 616 584 630 596 581
Sold/List
Diff. %
101 101 104 102 103 104 100 103 103 101 99 100
Sold/Orig
LP Diff. %
99 101 104 102 102 103 99 103 102 101 99 99
Avg
Days on Market
47 17 11 19 28 11 17 17 13 14 43 22
Median Sold Price   $770,000  $739,000  $805,000  $809,000  $870,000  $840,000  $823,000  $819,000  $880,000  $795,000  $707,000  $885,000

Hollyglen 2018 Stats

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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

Top Hollyglen Realtor

Top Producing Realtor

Keith Kyle

DRE#01712785

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