We haven’t seen much on the market recently in Fusion South Bay, one of the South Bay’s only relatively newer construction communities. There’s been a jump this past week with three new listings ranging from the smallest A floorplan up to the larger 3 bedroom. View all of the Fusion floorplans here. The prices are still reaching new heights with the A floorplan priced at $649,000 although the 3 bedroom was priced below the prices of the most recent comps both selling over $800,0000.
How Do Fusion Home Prices Compare with 360 South Bay
360 South Bay and Fusion South Bay are two of the premier gated communities in the area. Both communities are fairly new with 360 generally being built around 2012-2013 and Fusion being built around 2006. New construction with ammenities that today’s buyers are looking for are very hard to find in a similar price range in the neighboring communities. Both neighborhoods appealed to buyers that wanted the lifestyle of Manhattan or Redondo but couldn’t afford it. Although todays buyers seem to be more focused on one or the other, they have long appealed to the same buyers.
View the current homes for sale in 360 and the current homes for sale in Fusion
The charts below show of the basic real estate market information. It’s not always an apples to apples comparison as 360 offers everything from studio condos to large 4 bedroom “single family” style detached homes. Fusion on the other hand offers 2 and 3 bedroom townhomes. If you’re considering either community here are the basics:
Fusion 2018 (as of 4/18/18)
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360 South Bay 2018 (as of 4/18/18)
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5 homes on the market (2 active)
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16 homes on the market
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Average per foot $577.79
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Average per foot $546
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Median per foot $588.71
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Median per foot $5555
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Average price $783,333
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Average price $925,813
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Median Price $805,000
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Median Price $845,000
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Highest Sale $815,000
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Highest Sale $1,199,000
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Lowest Sale $649,000*
*currently active listing
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Lowest Sale $698,000
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Fusion 2017
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360 South Bay 2017
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18 homes on the market
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65 homes on the market
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Average per foot $553.65
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Average per foot $504
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Median per foot $552.70
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Median per foot $501
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Average price $687,628
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Average price $842,485
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Median Price $694,950
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Median Price $808,000
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Highest Sale $814,900
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Highest Sale $1,260,000
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Lowest Sale $589,000
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Lowest Sale $525,000
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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 |
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 |