If you are looking to purchase a home in the South Bay and want to visit open houses in Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, El Segundo and surrounding areas, you’ve come to the right place. Our South Bay open house list has weekly schedules for all South public open houses. Take advantage of our HomeFinder and have new listings emailed to you daily. Open House schedule subject to change without any notice.
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 |
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.
With the local real estate market so active, home inventory at near record lows and buyers in a frenzy to find homes, the buzz is all about “off market” listings. So what does that really mean and how can it benefit you? Off market listings can mean a number of different things which can include:
There are other opportunities as well with some sellers taking a “make me move” type approach in which the right price just may get them to consider selling. Other potential opportunities may include knowing which homes have a notice of default or notice of trustee’s sale, and they may consider doing a short sale (although most lenders require the home to be “on the market” for them to consider)
So how do you find out about off market listings? The best way is to find a local realtor that spends time networking with other agents and homeowners. Intimate market knowledge is critical as many top agents share listing information prior to it going on the MLS or being marketed to the masses. I generally hear of 10 listings or so each week that are off market or not yet listed and this can be a tremendous advantage in a market that is so competitive. Contact South Bay realtor Keith Kyle for information on off market listings and homes not yet on the MLS.
Although median prices in a luxury market such as the Hermosa Beach sand section can vary dramatically due to one or two oceanfront home listings on The Strand, the median home prices for active listings has reached record highs. The sand section of Hermosa Beach is the area closest to the ocean and is bordered by Manhattan Beach to the north, the streets of Valley/Ardmore to the east, and Redondo Beach to the south. There are numerous housing options ranging from magnificent Strand homes, to “walkstreet” homes with an alley in the back but a pedestrian only sidewalk in the front, to endless ocean view condos, townhomes and single family. In general prices are higher north of Pier Avenue.
According to local realtor and Hermosa Beach resident Keith Kyle with South Bay Brokers “the homes active on the market are almost all exclusively very high end luxury homes and we’ve reach a median home price never seen before.” The current median home price for all types of active homes is at $3,749,000. This in a town where the median prices have hovered in the $1.1M-$1.2M in general for the past few years. There are many factors at the moment including a number of ocean front homes including 2666 The Strand, an oceanfront estate priced at a whopping $15,900,000 (incredibly it was raised from it’s original $13,900,000), 718 The Strand at $6,300,000 and 5 other homes priced over $4.0M with 3 walkstreet homes for sale.
[idx-listings community=”Hermosa Beach Sand” propertytypes=”513″ orderby=”Price” orderdir=”DESC” count=”5″]
I often tell my statistically driven friends and clients that although “trendlines” and
statistical data can help explain what is happening and what may happen in real estate, it often overlooks a very key piece of the puzzle. Unlike other products people buy and sell, home sales are often driven by both emotion and perception. It was only a few months back when the perception was that prices would continue to be flat, or even go down slightly, and the biggest challenge I faced was convincing buyers that now was a good time to buy.
Oh how things have changed in such a short time. Very quickly the market shifted to favor sellers and as soon as buyers decided that they may miss their opportunity, things have quickly gotten out of control. Low inventory, low interest rates, short sale and REO “deals” drying up, and pressure from large investors buying and flipping everything they could find has made it almost impossible to buy a home. How quickly we forget all that created the bubble in the first place and buyers are now chasing homes, overbidding, paying too much, waiving the appraisal and just about everything else that once again appears unsustainable.
In my own personal experience the last 4 offers I have put in for homes in Manhattan Beach and Redondo Beach have required that my buyers waive their appraisal contingency….the sellers knowing full well that the home wouldn’t appraise. No doubt this is great for sellers, but again it appears unsustainable and will likely cause problems in the near future. We’ll likely continue to see this incredible turnaround until inventory and interest rates move away from near record lows. I’m looking forward to the days of a balanced market, in which well priced homes sell quickly and buyers have a chance of paying market value. In the mean time, if I were a South Bay home seller who had given some thought to list my home…..it doesn’t get much better than this.
South Bay Brokers, one of the top real estate firms in the South Bay of Los Angeles, has recently named their Top Producing Agents for 2012. RedondoBeachRealEstateHomes.com and Redondo Beach realtor Keith Kyle was once again a top producing realtor. Thank you to my many clients that have put their trust in me over the years and have allowed me to part of their real estate needs.
