Author: Keith Kyle
Hot Real Estate Market in Hollyglen and Del Aire
Hollyglen and Del Aire Real Estate Market Update
The month of February 2013 saw a big number of home sales in the Hollyglen and Del Areas of Hawthorne, CA with 12 homes sold. Of the 12 homes sold 8 were single family homes with 4 being condos or townhomes in the 360 South Bay complex or the Fusion South Bay. One of the homes was a bank owned property with all others being standard sales. Hollyglen is a wonderful somewhat “secret” neighborhood in Hawthorne CA located west of the 405 between Rosecrans and El Segundo Blvd. It has a wonderful community feel and it’s own award winning school district, Wiseburn, that it shares with parts of Del Aire, another neighborhood of Hawthorne CA that sits east of the San Diego freeway. Click to view the current Hollyglen and Del Aire homes for sale as well as recent Hollyglen home sales. Below is a full list of February home sales in the Hollyglen and Del Aire areas.
| Sale Type | Price | Br/Ba | Year | Sq Ft | ||||
| SB13007642 | SFR/D | 5003 | 124th ST | STD | $333,000 | 3/1,0,0,0 | 1944/ASR | 1008 |
| SB12147438 | SFR/D | 4812 | 135th ST | STD | $340,000 | 3/1,0,0,0 | 1947/ASR | 996 |
| SB13002610 | SFR/D | 4832 | 136th ST | STD | $345,000 | 2/1,0,0,0 | 1951/ASR | 815 |
| 12641579 | SFR/D | 5132 | 140TH ST | REO | $353,000 | 41334 | 1943 | 1308 |
| 12625657 | CONDO | 12825 | CITY DRIVE DR #104 | STD | $455,000 | 2/2.5 | 2011 | 1367 |
| 13645607 | CONDO | 5403 | 149TH PL #4 | STD | $465,000 | 41308 | 2007 | 1370 |
| 12634171 | TWNHS/A | 5433 | OCEAN #101 | STD | $560,000 | 3/2,0,1,0 | 2010 | 1843 |
| SB12153400 | SFR/D | 5314 | 141st ST | STD | $599,000 | 3/1,0,1,0 | 1955/ASR | 1098 |
| SB13003669 | TWNHS/A | 5427 | Marine AV | STD | $600,000 | 4/3,0,1,0 | 1994/ASR | 2076 |
| SB13004136 | SFR/D | 5355 | 124th PL | STD | $607,500 | 3/2,0,0,0 | 1950/ASR | 1447 |
| SB12149190 | SFR/D | 5540 | 139th ST | STD | $610,000 | 3/1,1,0,0 | 1954/ASR | 1447 |
| SB12149068 | SFR/D | 5426 | 139th ST | STD | $657,750 | 3/1,1,0,0 | 1954/ASR | 1594 |
Is the Hermosa Beach Real Estate Market Calming Down?
**Please note that this is a post from 2013 and the information and opinions are no longer current**
Hermosa Beach has seen prices rise as demand has boiled over due to several
months of very low home inventory but perhaps we’re starting to see that even out just a bit. The number of homes for sale has stayed relatively flat for 3 months now despite significant pressures due to pent up demand. Click to view the active homes for sale in Hermosa Beach.
In addition we’ve seen an increase in months of inventory due to a higher number of new listings as of late. Inventory had been slowly declining for the past 12 months with December reaching a low point of only 1.2 months of inventory on the market. January saw a jump up to 4 months but as Hermosa is a very small community numbers do tend to fluctuate on occassion.
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Is the world of short sales and REOs a little fishy…or is it just me?
Unfortunately, I realize that we are in a profession in which ethical standards do
not mean much to everyone. Fortunately being in a high end market in Redondo Beach CA, the bulk of the realtors that I work with and encounter are very professional and seem to put their clients needs ahead of their on on most occassions. One thing that’s hard not to notice is that with the increase in bank owned foreclosures and short sales, the number of out of area listing agents has increased and that hasn’t always been a good thing. Although I don’t always agree with it, the seeming lack of effort…from terrible photos or even no photos at all, unclear showing instructions, to poor, vague or confusing descriptions, etc can perhaps be justified, and I can convince myself that’s something they’ve come to an agreement with the sellers on. Today was one of those days, however, that just makes me want to pick up the phone and call someone to tell them they’re getting poor representation….or worse. Today 3 short sales came on the market in my fairly high end market. All three were priced far too low and to my surprise (ok that’s sarcastic) all three immediately went off the market after being listed. One of the properties not only had no description or showing information, the picture of the home wasn’t the home, and was of a home likely 15 years older and very run down. The second home went on hold shortly after being listed (which it had done a month ago the first time) and had a photo from about 10 years ago the 3rd went pending 8 minutes after being listed. Now I understand that there MAY be circumstances in which something like this may occur but 3 in one day? And yes all three agents were from out of the area.
Manhattan Village Real Estate Market – February 2013
Manhattan Village, one of the only gated communities in the Beach Cities, has
continued to be an active market with 2 current active homes for sale, and 3 pending homes for sale. Both active listings are plan 2 court homes with 2 bedrooms and 3 baths and all pending listings are court homes as well. Visit our Manhattan Village real estate information page to view a community map as well as floorplans for all courthomes, townhomes and estate homes.
The chart below shows the most recent closed home sales in Manhattan Village with all but one being a standard sale and one short sale at 20 Bridgeport, a 4 bedroom estate home. Visit our Manhattan Beach home sales page to see updated reports on the most recent closed escrows. Contact Manhattan Beach Realtor, Keith Kyle, for more information.
