Share Hollywood Park Homes: July 2010

Thursday, July 15, 2010

A Questionable Milestone in Hollywood Park

We've reached a questionable milestone in my neighborhood, Hollywood Park.  For the first time in my memory, perhaps ever?? there are 40 homes on the market in the Park.  In a township of approximately 1300 homes, that's 3% of our neighborhood for sale at once.  We didn't reach that number overnight of course, we've been steadily building the number of active homes for quite some time.

There are a couple of positive sides to this milestone.  For buyers looking to purchase a home in Hollywood Park, there's plenty to choose from.  Our list prices range from $189,900 to $789,000!  About half of the 40 are priced at $300,000 and below, and the other half are priced above $300,000.  Along with these 40 homes, there are an additional 6 homes that are under contract, hopefully soon to be sold.

Meanwhile in 2010 from January through June, there have been 31 sales, which could indicate that our 40 homes is about a 7 to 8 months supply if the sales trends continue.  Time will tell whether the sales keep up the same pace in the second half of the year as they did in the first half, when they were perhaps aided by the tax credit incentives which have now ended.

Sunday, July 4, 2010

4th of July Parade and Picnic

Long for an old fashioned 4th of July experience?  You could have been at the annual 4th of July Parade and Picnic in Hollywood Park.  We had families parading through the Park, dressed in their red, white and blue attire, escorted by kids on bikes & scooters, family dogs with colorful bandanas, all following the Park's big red fire engine. 

Once at the Voigt Center, the kids enjoyed a free swim, and everyone chowed down on hot dogs, hamburgers and sausage, followed by snow cones and cold watermelon slices.  There was even an egg toss led by the Mayor.  Lots of fun for all the Hollywood Park families today!