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
DRE# 01712785
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