June 2013 Home Sales in the South Bay

The June home sales numbers are in and once again it was a very big month for home prices as many areas reached multi year highs once again.  The beach cities saw very high median home prices as many luxury properties sold at prices unseen in the past.  Click on the links below to view the home sales for various South Bay cities.

June 2013 Home Sales
El Segundo
Gardena
Hawthorne
Hermosa Beach
Hollyglen
Hollywood Riviera
Lawndale
Manhattan Beach
Palos Verdes Estates
Rancho Palos Verdes
North Redondo Beach
South Redondo Beach
San Pedro
Southwood, West & South Torrance

Redondo Beach real estate trends

South Bay Home Listings On the Rise….As Well as Pending Sales and Sold Homes

First the good news for buyers.  The number of new listings has continued to increase for the past several months with monthly increases since January (March was an exception). Unfortunately that hasn’t meant finding a home is any easier as the increase in listings has also seen a significant increase in home sales and pending escrows. According to Keith Kyle, Realtor with South Bay Brokers in Manhattan Beach, “the increased number of listings is a good sign, but it hasn’t alleviated much of the pent up demand.

Redondo Beach real estate trends

Luxury primary bedroooms

Hollyglen Real Estate Sales way up and Inventory On the Rise

Hollyglen Real Estate UpdateLuxury primary bedroooms

One of the best kept secrets in the South Bay is the neighborhood of Hollyglen, a small pocket of Hawthorne just west of the 405 freeway.  The neighborhood has it’s own award-winning school district and has a friendly and quiet feel that rivals the Torrance neighborhoods of Southwood and West Torrance.  The biggest challenge for buyers over the past few months has been the lack of inventory and quickly rising prices.  That may be changing, however, with a significant increase in the available homes.  At the moment there are 7 single family homes available in the Hollyglen and Del Aire areas (all west of the 405 which has significant value differences from the area east of the 405) and a whopping 17 homes currently in escrow.  This in a market that has recently seen only a trickle of available homes.  If you’re open for expanding your search consider other homes for sale in Hawthorne CA.   Below are the current listings as of May 7th 2013.  For the most up to date list visit our Hollyglen real estate site.

May 2013 Pending single family home sales in Hollyglen.

MLS# Type Address Type Price Br/Ba Year Built Sq Feet
SR12134440 SFR/D 5330 126th ST Shortsale $499,000 3/2,0,0,0 1950/ASR 1410
SB13049857 SFR/D 5424 118th ST STD $559,000 3/2,0,0,0 1942/ASR 2020
SB13059784 SFR/D 5511 141st ST STD $599,000 3/2,0,0,0 1954/ASR 1358
SB13079809 SFR/D 5253 140th ST STD $599,000 3/1,1,0,0 1955/ASR 1453
SB13003455 SFR/D 5431 142nd PL STD $649,000 3/2,0,0,0 1954/ASR 1527
SB13069270 SFR/D 5430 134th ST STD $669,000 3/1,1,0,0 1955/ASR 1640
SB13078751 SFR/D 5521 134th PL STD $679,000 3/1,1,0,0 1955/ASR 1885
SB13022706 SFR/D 5503 133rd ST STD $829,000 3/2,0,1,0 1955/ASR 3230
13659135 SFR/D 5448 122ND ST STD $975,000 4/4,0,0,0 2006/BLD 2693
13661003 SFR/D 5332 119TH ST STD $395,000 41306 1941 1029
SB13049943 SFR/D 5338 119th PL STD $499,000 2/1,0,0,0 1941/APP 829
S12090019 SFR/D 5552 123rd PL Shortsale $525,000 4/2,0,0,0 1950/ASR 1802
SB13074619 SFR/D 5351 123rd PL STD $525,000 3/1,0,1,0 1950/ASR 1082
SB13075542 SFR/D 5525 122nd ST STD $539,000 3/1,0,0,0 1950/ASR 1091
SB13073743 SFR/D 5308 123rd PL STD $599,500 3/2,0,0,0 1950/ASR 1370
SB13070069 SFR/D 5349 127th ST STD $629,000 3/2,0,0,0 1950/ASR 1578
PV13048265 SFR/D 13210 Clyde Park AV STD $635,000 3/2,0,0,0 1955/ASR 1124

Current homes for sale in Hollyglen and Del Aire*


Click any MLS number above for details and photos of the home.

*We may not be the listing agent on the properties above and are providing this information as a service to our clients. We represent both buyers and sellers in Hollyglen and would be happy help with your search as well.

Are Foreclosure Opportunities a Thing of the Past?

As a short sale listing expert, I’ve tracked the number of foreclosures, meaning both short sales and bank owned homes (REOs) in the South Bay for the past few years. It wasn’t long ago that each month there would be consistently over 100 short sale homes listed in Torrance alone. That certainly isn’t the case any longer. As of April 10th 2013 only 29 short sales were on the market in the cities of Lawndale, Gardena, Manhattan Beach, Redondo, Hermosa, Palos Verdes, El Segundo, San Pedro and Torrance combined.

The chart above shows the number of active short sale listings, pending escrows and sold homes for each month in the cities mentioned above. The light green bar shows the active listings, dark green shows sold homes with the red line showing the pending or “in escrow” homes.

 

ARE YOU INTERESTED

IT'S TIME TO DISCOVER

redondo beach

Vista Sotheby's International

Vista Sotheby’s International Realty is one of the top real estate brokerages in the South Bay and Southern California with offices in Redondo Beach and throughout the South Bay

ADDRESS:

1801 S Catalina Ave, Redondo Beach, CA 90277

Phone:

310.251.2344

E-mail:

keith.kyle@vistasir.com

CONTACT AGENT

DRE#01712785

keith kyle

Top Producing Realtor

ENQUIRE

Sotheby's International

Welcome to Sotheby's International Realty representing buyers and sellers of fine South Bay and Southern California properties

Redondo Beach Real Estate & Homes. All rights reserved. Information deemed reliable but not guaranteed

Keith Kyle – Licensed Realtor – Vista Sothebys International Realty – DRE#01712785

The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us), we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sotheby’s International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information. Sotheby’s International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission.