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%

How Do You Find Out About Pocket Listings and Off Market Properties?

In this incredibly competitive market many homes are not even making it to the market.   So how do you find out about these homes?  First it’s important to understand just what we’re talking about.

What does off market or a pocket listing mean?

It can actually mean a few different things but in general, when we refer to homes sold off market or pocket listings these are homes that are never put on the MLS and therefore unknown to most buyers and many realtors.  That means that searching the Redfins and Zillows of the world may mean that you’re not aware of these types of opportunities.

Why would a seller want to sell the home off market?

In general it’s not a great idea.  Fewer buyers that know about the home usually means less competition and ultimately a lower sales price.  That’s certainly not always the case but usually accurate to some extent.  Sellers have many reasons for not wanting to put their home on the market.  It may be due to privacy reasons such as not wanting the neighbor or even the tenant know that the home is for sale.  It may be that they don’t want to deal with some of the hassles that come along with listing a home…..buyer’s and agents that want to show the home at all hours, open houses on the weekends and more people simply curious with few legitimate buyers.  Whatever the reason it does limit the exposure and again usually limits the price.

That’s why it can be a good opportunity for buyers….less competition, fewer bidding wars which generally leads to a lower sales price.

How do I find out about these homes?

Unlike the MLS listings, off market, upcoming and pocket listings are much more elusive.  The key is to work with an agent that has deep connections in the community and market.  Some of the top realtors in certain areas may share information on these hard to find opportunities and the larger or more numerous the seller and agent networks, the more information the agent can obtain.

We are happy to help you find off market homes but this requires a good deal of work, considerable communication with sellers and agents and a readiness to act should the right home come available.  If you would like us to help find off market opportunities please feel free to text us at 310-251-2344 or email us with the details of your home search.

Home Prices in Hollyglen and Del Aire for June 2017

June 2017 was a big month for home sales in Hollyglen and Del Aire with a high number of homes selling.  This small coastal area outside of Los Angeles is technically part of Hawthorne.  Hawthorne recorded a very high 45 homes sales with a median price of $592,000 while the Hollyglen/Del Aire area saw 14 home sales with a median price of $805,000.  Of the 14 sales 2 were townhomes in Fusion South Bay, 3 were homes in Three Sixty South Bay and the rest were scattered through the community.  Click here to see all of the recent home sales in Hawthorne, Hollyglen and South Bay.

City Homes Sold June 2017 Median June 2016 Median Year over Year % Change%
Carson 61 $445,000 $450,000 -1.1%
El Segundo 15 $800,000 $1,135,000 -29%
Gardena 70 $461,000 $430,000 7.2%
Harbor City 19 $465,000 $547,000 -15%
Hawthorne 45 $592,000 $624,000 -5.1%
Hermosa Beach 26 $1,718,000 $1,274,500 34.8
Hollywood Riviera 19 $1,375,000 $1,177,000 14.4%
Lomita 18 $565,000 $555,000 1.8%
Long Beach 419 $523,000 $470,000 11.2%
Manhattan Beach 57 $2,467,000 $1,924,000 28.2%
Marina Del Rey 34 $968,000 $900,000 7.6%
Palos Verdes Estates 46 $1,679,000 $1,533,000 9.5%
Playa Del Rey 34 $683,000 $603,000 13.3%
Rancho Palos Verdes 75 $1,240,000 $1,200,000 3.3%
Redondo Beach 117 $969,000 $945,000 2.5%
San Pedro 82 $510,000 $500,000 1.9%
Torrance 184 $673,000 $635,000 5.9%
Westchester 42 $1,090,000 $1,050,000 3.8%

The Year that Was – 2016 Real Estate Market in Fusion South Bay

By Keith Kyle

2016 was an incredible year in Fusion South Bay with home prices continually on the rise and most listings not lasting long before going into escrow.  There were 27 closed home sales in 2016 in Fusion with a average sales price of just under $665,000 and an average days on market of 25.  Compare this with the average price of $591,000 in 2015.  The least expensive home of the year was A floorplan a selling for $484,000 with the highest price a 3 bedroom J floorplan selling for $775,000.  Click here to see the current Fusion South Bay homes for sale.  Contact us for more information about current listings, the community of Fusion, or surrounding areas.


Address
Price
Price Per Foot Bed/Bath Sq Feet Days on Mkt
5514 W 149th PL #8 $484,000.00 $453.61 2/2,0,0,0 1067/AP 08/08/17
5402 W 149th PL #11 $550,000.00 $550.00 2/2,0,0,0 1000/A 26/26
5506 W 149th PL #9 $575,000.00 $558.25 2/2,0,0,0 1030/A 08/08/17
5400 W 149TH PL #9 $585,000.00 $567.96 2/2,0,0,0 1030/A 20/20
5512 W 149th PL #2 $612,000.00 $493.55 2/2,0,0,0 1240/A 39/39
5511 W 149th PL #2 $620,000.00 $500.00 2/2,0,0,0 1240/A 18/18
5514 W 149th PL #1 $633,000.00 $524.01 2/1,1,1,0 1208/B 05/18/17
5405 W 149th PL #15 $640,000.00 $516.13 2/2,0,0,0 1240/B 38/38
5401 W 149th PL #4 $644,000.00 $470.07 2/2,0,1,0 1370/A 29/29
5410 W 149th PL #2 $645,000.00 $520.16 2/2,0,0,0 1240/A 06/06/17
5408 W 149TH PL #16 $645,000.00 $533.94 2/2,0,1,0 1208/A 34/34
5406 W 149th PL #5 $650,000.00 $474.45 2/2,0,1,0 1370/A 0/0
5405 W 149th PL #16 $661,000.00 $547.19 2/2,0,1,0 1208/E 37/37
5401 W 149th PL #2 $665,000.00 $499.62 2/1,1,0,0 1331/B 06/06/17
5412 W 149th PL #15 $670,000.00 $503.38 2/1,1,0,0 1331/B 06/06/17
5402 W 149th PL #14 $685,000.00 $500.00 2/2,0,1,0 1370/A 46/46
5404 W 149th PL #4 $695,000.00 $463.33 2/2,0,1,0 1500/AP 23/23
5512 W 149th PL #13 $695,000.00 $507.30 2/2,0,1,0 1370/A 06/06/17
5412 W 149th PL #5 $700,000.00 $496.45 3/2,0,0,0 1410/S 45/45
5402 W 149th PL #17 $700,000.00 $525.92 2/2,0,0,0 1331/A 55/55
5412 W 149th PL #4 $705,000.00 $514.60 2/1,1,0,1 1370/A 11/11/17
5507 W 149th PL #3 $725,000.00 $514.18 2/2,0,1,0 1410/A 48/48
5401 W 149th PL #5 $729,000.00 $482.78 3/2,0,0,0 1510/B 08/08/17
5509 W 149th PL #5 $735,000.00 $487.40 3/2,0,0,0 1508/B 11/11/17
5404 W 149th PL #13 $765,000.00 $506.62 3/2,0,0,0 1510/B 06/06/17
5412 W 149th PL #6 $765,000.00 $460.84 3/2,0,1,0 1660/A 123/123
5507 W 149th PL #6 $775,000.00 $466.87 3/1,1,1,0 1660/A 09/09/17

The Year in Review – 360 South Bay Real Estate Recap

By Keith Kyle

2016 was an incredible year in 360 at South Bay with home prices continually on the rise and most listings not lasting long before going into escrow.  There were 39 closed home sales in 2016 in Three Sixty with a median price of just under $745,000.  Compare this with 2015 which saw 47 home sales at a median price of $703,000.  The least expensive home of 2016 was a one bedroom in The Flats selling for $525,000 with the highest sale of the year being a detached 4 bedroom in the Terraces closing at $1,325,000.  Of the 38 home sales the various model/floorplans were:


Address Price Price Per Sq Ft Br/Ba Square Feet Days on Mkt
5540 Strand AV #203 $525,000 $590 1/1,0,0,0 890/A 31/31
13126 Union AV #203 $565,000 $635 1/1,0,0,0 890/A 45/45
12922 Union AV #403 $578,000 $437 1/1,0,1,0 1323/SEE 42/42
13032 Union AV #401 $612,500 $463 1/2,0,0,0 1323/B 02/02/17
5351 Ocean #104 $649,000 $515 2/2,0,1,0 1260/A 23/23
13021 Central AV #302 $660,000 $452 2/2,0,0,0 1460/A 29/29
13024 Union AV #203 $670,000 $469 2/2,0,0,0 1429/B 26/26
5540 Strand AV #202 $680,000 $507 2/2,0,0,0 1340/A 49/49
13032 Union AV #203 $680,000 $476 2/2,0,0,0 1429/B 38/38
13024 Union AV #301 $685,000 $507 2/2,0,0,0 1350/A 53/53
13022 Central AV #201 $688,000 $481 2/2,0,0,0 1429/B 23/89
12825 CITY DR #105 $690,000 $505 2/2,0,1,0 1367/A 21/21
12915 PARK PL #204 $695,000 $448 2/2,0,0,0 1550 23/23
5439 Strand #105 $703,000 $482 2/2,0,1,0 1460/A 12/12/17
5449 Strand #102 $715,000 $460 2/2,0,1,0 1554/B 32/32
13028 Central AV #402 $720,000 $465 2/2,0,0,0 1548/B 06/06/17
13024 Union AV #402 $725,000 $468 2/2,0,0,0 1548/B 04/04/17
13124 Central AV #301 $728,000 $438 2/2,0,0,0 1662/B 06/06/17
5530 Strand #401 $740,000 $490 2/2,0,0,0 1511/D 13/13
5537 Strand #103 $749,500 $437 2/2,0,1,0 1714/B 46/46
5552 Coral DR #107 $770,000 $476 3/1,2,0,0 1616/AP 49/49
5423 Ocean #101 $780,000 $423 3/2,0,1,0 1843/A 35/35
5554 Coral DR #104 $785,000 $510 2/2,0,1,0 1540/A 05/05/17
12921 Mission AV #102 $792,000 $514 2/1,1,1,0 1540/A 01/01/17
13228 Central AV #102 $815,000 $422 3/3,0,1,0 1930/A 11/01/40
13123 Park #101 $829,000 $450 3/2,0,1,0 1843/A 52/52
5593 Palm DR #103 $829,000 $511 3/2,0,1,0 1621/B 11/11/17
13220 Central AV #102 $830,000 $420 3/3,0,1,0 1978/S 44/44
5433 Ocean #102 $835,000 $442 3/3,0,1,0 1890/A 02/02/17
13131 Park PL #103 $837,000 $434 3/4,0,0,0 1930/A 47/47
13123 Park PL #103 $847,500 $439 3/4,0,0,0 1930/A 37/37
5593 Palm DR #109 $849,000 $404 4/3,0,1,0 2100/B 01/01/17
13220 Central AV #103 $849,000 $440 3/3,0,1,0 1930/A 52/52
5439 Strand #101 $850,000 $417 3/3,0,0,0 2040/A 0/0
5547 Strand #106 $852,000 $386 3/3,0,0,0 2210/T 08/08/17
13130 PARK PL #106 $855,000 $462 3/3,0,0,0 1850 08/08/17
5547 Palm DR $869,000 $506 3/3,0,1,0 1719/D 07/07/17
5531 Palm DR $1,325,000 $538 4/2,0,1,0 2463/B 10/10/17

Goodbye 2016, Hello 2017 – Hollyglen real estate forecast

By Keith Kyle

2016 was a very strong year for real estate in Hollyglen and Del Air and the South Bay.  Foreclosures and short sales slowed to a trickle, home prices rose throughout the year, demand continued to rise and Hollyglen continued to be a highly sought after community.

So what’s in store for the Hollyglen real estate market in 2017?  With interest rates still low and pent up demand still outweiging the current inventory, it looks to be more of the same.  Prices are at peak levels and interest rates have risen slightly which may cool things off just a bit but the demand is strong for homes in this coastal community.  Visit the Hollyglen and Del Aire real estate market statistics to keep up with the latest trends.

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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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