The Hollywood Park Real Estate Market -- Sizzling or Fizzling this Summer?

So what's the real estate market doing in Hollywood Park this year?  In a nutshell, it's moving, but moving slowly.  As of today, through almost one half of 2011, there have been 21 closed sales in Hollywood Park, which would indicate around 40 to 45 sales for the year.  Compared to 2010's 55 closed sales in the Park, it's a slower market.

Of those closed sales so far this year, the $$ per square foot have ranged from approximately $80 per square foot (for a huge 4700+ sf foreclosure) to approximately $129 per square foot for a seven year old garden home with less than 2000 sf.

Days on market for the sold homes ranged from 16 days on market to 344 days on market, with most under 100 days.  Sales prices ranged from $159,900 to $485,000, with six of the sales being over $300,000.

Currently there are 35 homes on the market in Hollywood Park, ranging from $171,600 to $697,400, and 10 additional homes that are under contract which have not yet closed.  So, there's plenty of inventory for the buyers to choose from at the moment, and it can be confirmed that it is a buyer's market at the present time.

337 Meadowbrook
Available at $171,900
3-2 -2 carport

111 Canyon View
Available at $284,900
In-Ground Pool
4- 2 1/2 -2

513 Skyforest
Available at $299,500
4- 2 1/2 -  2 one story

337 Meadowbrook in Hollywood Park

Just listed in Hollywood Park, this home at 337 Meadowbrook is a real charmer.  Built in 1960, the home features like new original hardwood floors in the living / dining room, and all three bedrooms.  There's a 22x11 screened-in porch for year round living.  And the oak trees on this .37 acre lot provide a lot of shade in the hot Texas summers.  This home is very clean and ready for new owners and their desired updates.

513 Skyforest in Hollywood Park -- .36 Acre Treed Lot!

 

513 Skyforest in Hollywood Park is new to the market and ready for new owners.  Lots of recent updates in this home will make this home sell! 








There's granite countertops in the kitchen, along with  a tiled backsplash and recent stainless steel appliances.

There are two large living and dining areas in the home, with a bright open floor plan.

The four spacious bedrooms have bamboo flooring, large closets and fresh paint.

Two and one half baths are also updated with solid surface countertops, recent sinks and fixtures.

This fine home is priced to sell at $299,500, and has 2462 square feet per the appraiser.  It is located in a very quiet area of Hollywood Park, yet is convenient to the airport, downtown, and shopping.

Call for an appointment to see this wonderful home.

Loop 1604 / US Highway 281 Interchange is Under Construction Near Hollywood Park

Construction has begun by TXDOT on the long awaited interchange between the two major highways that border Hollywood Park.  Loop 1604 which encircles a large portion of San Antonio borders the Park on the north side, and US Highway 281 borders the Park on the east side.  While the actual interchange is about a mile away from the HP boundaries, the construction has and will continue to impact the traffic patterns in our area.

Once completed, the hope is that the volume of cut-through traffic seen on some of our Hollywood Park streets will be lessened if motorists have easier and faster ways to get from one highway to another.  Meanwhile, it looks like we have a year or two to look forward to traffic delays, detours, noise and dust!

55 Closed Sales in Hollywood Park in 2010!

 The real estate market in Hollywood Park in San Antonio was a strong market in 2010.  There were 55 closed sales, a number larger than 2009. 2008 amd 2007. 

Prices in the Park ranged from $136,500 to $501,000.  As a small township, Hollywood Park includes homes of all sizes - from around 1200 square feet to 6000 square feet +.  The homes range in age from approximately 60 years to approximately 2 years.  The lots range from garden home size lots to 2 acres.  And there's just as much of a range in the levels of upkeep and updating.  So in the Park, there's really no such thing as an "average" home, or average $$ per square foot.

The other good news in our Hollywood Park market is that the number of available homes has lessened from the high of 40 at one point in 2010, to just above 20 at the current time.  It remains to be seen what the rest of 2011 will bring, but there are already two homes that have closed, and two others that are pending at the moment.  So prospects look good for another strong year.

111 Canyon View in Hollywood Park... Something for Everyone!

Wonderful family home, just listed, in Hollywood Park for $284,900.  This home includes lots of features your family will enjoy.  Like:

• Four large bedrooms (18x12, 16x15, 17x12, and 13x12)
• Master bedroom is split from the others and is downstairs
• Over 2800 square feet of space per the appraisal district
• Located on a .41 acre treed lot
• Large in-ground swimming pool for those warm Texas summers
• Multi-purpose Florida room overlooks the backyard
• Recent updates include crown molding, wall textures and paints, custom colors
• Pool recently re-surfaced
• Septic system recently replaced - now an aerobic system



The Latest on the Deer Feeding Issue

From the website, My San Antonio.com:

The city of Hollywood Park has worked up an initial list of acceptable food that residents may feed a specific number of deer on their own property.  An amended deer management ordinance, approved by City Council last month, is now in effect.  Council on Sept. 7 reviewed a preliminary, limited list, recommended by Councilman David Swan, of acceptable supplemental food.  The list includes apples, pears, figs, pumpkins, turnips, alfalfa, oats, wheat and sunflower seeds.  The list suggests protein deer pellets for supplemental protein.  The list is being made available to residents via such outlets as the city website, www.hollywoodpark-tx.gov.

A newly formed deer committee, made up of two residents appointed by each council member, will help advise the city on local deer-related matters such as suggestions of acceptable supplemental deer food. 
“We're micromanaging something that doesn't need micromanaging. We have so much more to worry about in (Hollywood Park) than what to feed the deer,” said Councilwoman Ellen Alkire.

Councilman Gary Miller expressed concern about residents' willingness to turn to what he called “high-dollar alternatives” on the feed list, such as oats and wheat.  “The idea here is that people going to a store could pick up these things for themselves first,” Swan responded.  Swan added that people who buy any of this food might have leftovers, which they could leave out in single-serving portions. 

A resident may feed up to a four deer at a time on his or her property.  Neither hand-feeding nor commercial feed stations are allowed.  According to city officials, the Texas Parks and Wildlife Department urges residents not to leave out any food with beef by-products, such as cat or dog food.