The trend of extremely low housing inventory in Fusion South Bay continues with March 2018 starting and no active homes for sale in one of the Beach Cities only gated communities. If you would like to be notified when a new Fusion South Bay home hit’s the market tell us about your search and we’ll be happy to help.
Why are there no homes for sale in Fusion South Bay?
Fusion South Bay Real Estate Market
The demand for homes in Fusion South Bay is fairly unbelivable at the moment. The very few listings that come on the market seem to sell very quickly and are often at record prices, so why aren’t more owners selling their homes?
There’s no really easy answer to that. Many owners and residents decide to hold on to Fusion properties as rentals once they’ve moved out. There is a very strong rental market in Fusion due to the location, the fact that it’s gated, the Wiseburn School District, and the fact that it’s a fairly low effort place to live.
If you’re looking for a home in Fusion there will be some that come on the market, but if the past year was an indication it may be a while before we see any real increase in the inventory and available homes.
See the current listings in Fusion.
2017 – Fusion Townhome Sales Year in Review
What an incredible year it was in the gated community of Fusion South Bay. Demand for these newer townhomes remained heated and homes prices reflected that with home values skyrocketing. The influx of demand from nearby tech companies such as Google, Yahoo, Spacex and more added to the already strong demand. Fusion, along with 360 South Bay, are two of the only recently built gated communities with such and ideal location and are a great alternative for buyer’s looking for Redondo or Manhattan Beach. Below are all of the home sales in Fusion for 2017. As of this post there are currently no active homes for sale in Fusion but check our current Fusion South Bay listings page as it’s continually updated or sign up for FREE listing updates and never miss a new listing again.
Address | Sale Price/List Price | Price Per Ft | Bed/Bath | Sq Feet | Days on Mkt | Sale Date | |
5406 W | 149th PL #11 | $570,000 / $590,000 | $570.00 | 2/2,0,0,0 | 1000/ | 88/88 | 01/06/17 |
5514 W | 149th PL #11 | $750,000 | $418.99 | 3/2,0,1,0 | 1790/A | 0/0 | 01/26/17 |
5403 W | 149th PL #4 | $720,000 / $719,000 | $525.55 | 2/1,1,1,0 | 1370/A | 58/58 | 02/23/17 |
5512 W | 149th PL #3 | $728,000 / $725,000 | $516.31 | 2/3,0,0,0 | 1410/A | 42/42 | 02/24/17 |
5514 W | 149th PL #8 | $582,000 / $589,000 | $545.45 | 2/2,0,0,0 | 1067/S | 3/150 | 03/06/17 |
5512 W | 149th PL #12 | $760,000 / $759,000 | $503.31 | 3/2,0,0,0 | 1510/B | 41/41 | 03/21/17 |
5510 W | 149th PL #4 | $732,500 / $720,000 | $534.67 | 2/1,1,1,0 | 1370/A | 4/4 | 04/27/17 |
5406 W | 149th PL #9 | $589,000 | $571.84 | 2/2,0,0,0 | 1030/ | 7/7 | 06/15/17 |
5510 W | 149th PL #6 | $809,900 / $814,900 | $452.46 | 3/2,0,1,0 | 1790/B | 67/67 | 07/05/17 |
5403 W | 149th PL #14 | $740,000 / $730,000 | $524.82 | 2/3,0,0,0 | 1410/A | 9/9 | 07/18/17 |
5511 W | 149th PL #16 | $669,900 / $649,000 | $603.51 | 2/2,0,1,0 | 1110/A | 5/5 | 08/02/17 |
5403 W | 149th PL #8 | $630,000 / $629,000 | $611.65 | 2/2,0,0,0 | 1030/A | 6/6 | 08/29/17 |
5510 W | 149th PL #8 | $593,000 / $595,000 | $555.76 | 2/2,0,0,0 | 1067/SEE | 3/3 | 09/08/17 |
5401 W | 149th PL #13 | $772,500 / $774,900 | $563.87 | 2/3,0,0,0 | 1370/A | 7/7 | 09/14/17 |
5512 W | 149th PL #8 | $645,000 / $620,000 | $626.21 | 2/2,0,0,0 | 1030/B | 6/6 | 10/05/17 |
5507 W | 149th PL #7 | $665,500 / $629,900 | $665.50 | 2/2,0,0,0 | 1000/A | 7/7 | 11/15/17 |
5514 W | 149th PL #8 | $645,000 / $640,000 | $626.21 | 2/2,0,0,0 | 1030/A | 18/18 | 12/12/17 |
5509 W | 149th PL #3 | $775,000 / $779,000 | $549.65 | 2/1,1,1,0 | 1410/A | 40/40 | 12/26/17 |
If You Have Considering Selling Your Home in Fusion….There Has Never Been a Better Time
Realtors are pretty well known for trying to create a sense of urgency. Statements like the above are pretty common but sometimes they are very true. As of January 4th there are no homes for sale in Fusion South Bay and the demand has only increased over the past 2 years as neighboring Manhattan Beach, El Segundo, Redondo and 360 South Bay values have risen sharply.
Of the past 4 sales in Fusion, 3 sold over the list price and the 4th sold only slightly below their list price.
Prices rose throughout the year in Fusion and continue to rise. As an example the A and B floorplans were selling in the $575,000 range at the beginning of 2017 and by the end of the years the same floorplans were consistanly selling well into the mid $600,000. With tightened supply comes and even greater demand. We are contacted by several buyers a week looking for something in the community. If you are considering selling your home, contact us or find out what your Fusion towhome is worth in today’s real estate market.
2017 Sales of A and B units in Fusion
Address | Sale Price/List Price | Price Per Ft | Bed/Bath | Sq Feet | Days on Mkt | Sale Date | |
5406 W | 149TH PL #11 | $570,000 / $590,000 | $570.00 | 2/2,0,0,0 | 1000/ | 88/88 | 01/06/17 |
5514 W | 149th PL #8 | $582,000 / $589,000 | $545.45 | 2/2,0,0,0 | 1067/S | 3/150 | 03/06/17 |
5406 W | 149TH PL #9 | $589,000 | $571.84 | 2/2,0,0,0 | 1030/ | 7/7 | 06/15/17 |
5403 W | 149th PL #8 | $630,000 / $629,000 | $611.65 | 2/2,0,0,0 | 1030/A | 6/6 | 08/29/17 |
5510 W | 149th PL #8 | $593,000 / $595,000 | $555.76 | 2/2,0,0,0 | 1067/SEE | 3/3 | 09/08/17 |
5512 W | 149th PL #8 | $645,000 / $620,000 | $626.21 | 2/2,0,0,0 | 1030/B | 6/6 | 10/05/17 |
5507 W | 149th PL #7 | $665,500 / $629,900 | $665.50 | 2/2,0,0,0 | 1000/A | 7/7 | 11/15/17 |
5514 W | 149th PL #8 | $645,000 / $640,000 | $626.21 | 2/2,0,0,0 | 1030/A | 18/18 | 12/12/17 |
Fusion Home Sales and Prices for September 2017
September was another busy month in South Bay Real estate with a strong number of home sales along with some impressve prices. Fusion South Bay saw two closed sales with a B floorplan at 5510 W 149th Pl # 8 sell just below the list price at $593,000 and an E floorplan at 5401 W 149th Pl # 13 also closing just below the list price at $772,500.
City | Homes Sold | September 2017 Median | September 2016 Median | Year over Year % Change% |
Carson | 55 | $511,000 | $462,000 | 10.5% |
El Segundo | 9 | $1,130,000 | $840,000 | 34.5% |
Gardena | 48 | $475,000 | $444,000 | 7.1% |
Harbor City | 22 | $553,000 | $465,000 | 19% |
Hawthorne | 46 | $595,000 | $558,000 | 6.6% |
HermosaBeach | 12 | $2,150,000 | $1,449,000 | 48.4% |
Lawndale | 15 | $490,000 | $479,000 | 2.3% |
Lomita | 12 | $576,000 | $593,000 | -2.9% |
Long Beach | 326 | $520,000 | $478,000 | 8.8% |
Manhattan Beach | 38 | $1,877,000 | $2,200,000 | -14.7% |
Marina Del Rey | 24 | $933,000 | $900,000 | 3.7% |
Palos Verdes Estates | 43 | $1,600,000 | $1,4023,000 | 14.1% |
Playa Del Rey | 17 | $753,000 | $538,000 | 39.9% |
Rancho Palos Verdes | 52 | $1,250,000 | $1,035,000 | 20.8% |
Redondo Beach | 86 | $1,021,000 | $1,035,000 | 20.8% |
San Pedro | 71 | $558,000 | $534,000 | 4.7% |
Torrance | 126 | $728,000 | $648,000 | 12.4% |
Westchester | 25 | $1,140,000 | $890,000 | 15.2% |
Summer Listings, Escrow and Closed Home Sales in Fusion South Bay
Fusion South Bay Real Estate Market Update
It’s been on the slower side in Fusion South Bay over the summer with inventory of new homes for sale continually on the low end. There have been 8 homes on the market over the summer with 2 very news listings (as of 8/23/17), 2 pending home sales and 4 closed sales. Of the 4 closed sales 1 sold at the list price, 2 above list price and one home sold below the list price. Without question home prices in Fusion continue to rise with nearly every sale being a new price record. Click to see the current homes for sale in Fusion South Bay
Recent home activity in the gated community of Fusion South Bay
Status | Address | List Price | Closed Price | Beds/Baths | Square Feet |
Active | 5403 W149th PL #10 | $599,000 | 2/2,0,0,0 | 1030/A | |
Active | 5401 W149th PL #13 | $774,900 | 2/3,0,0,0 | 1370/A | |
In Escrow | 5510 W149th PL #8 | $595,000 | 2/2,0,0,0 | 1067/SEE | |
In Escrow | 5403 W149th PL #8 | $629,000 | 2/2,0,0,0 | 1030/A | |
Sold | 5406 W149TH PL #9 | $589,000 | $589,000 | 2/2,0,0,0 | 1030/ |
Sold | 5511 W 149th PL #16 | $649,000 | $669,900 | 2/2,0,1,0 | 1110/A |
Sold | 5403 W 149th PL #14 | $730,000 | $740,000 | 2/3,0,0,0 | 1410/A |
Sold | 5510 W 149th PL #6 | $814,900 | $809,900 | 3/2,0,1,0 | 1790/B |