New “C” Unit On the Market at 5406 #18

With only 17 home sales in all of 2018 it’s pretty clear that sellers were surprisingly in no rush to list their homes.  Inventory remained low for the year and hopefully 2019 will see a great number of homes for sale in Fusion.  The year is starting off well with a new “C” floorplan that just came on the market priced at $735,000.  Listed with Jodi Keel of D Reams and Co, the floorplan is one of the smaller layouts but unlike the A & B units, the home has an attached garage.  Call, text or email us for more information on this newest Fusion listing.

Fusion 2018 – Year in Review

2018 was a great year for home sales in Fusion At South Bay, one of the South Bay’s only newer construction gated communities.  There were 17 home sales with the low price of the year at $670,000 for a 1,000 (est) foot B floorplan and the highest price of the year was $855,000 for a 3 bedroom J unit.  The unit originally sold even higher but ran into appraisal issues.  The average price per foot (which doesn’t necessarily mean as much as usual as some realtors use the builders data, showing larger square footage, and some realtors use the tax assessor’s data, which is often much smaller) was $597 and median price per foot was at $602.  Located in the Hollyglen neighborhood of Hawthorne, Fusion sits just across the street from Manhattan Beach which lends itself to an even higher demand as many buyers are priced out of the adjacent neighborhoods.  The homes were generally built in 2006-2008 (with some variance).  Although there are currently no active homes for sale we do update our active Fusion listings page so visit to see any new listings.

Average days on market was 11 for the year….incredible.

Address
Model
Closed Price – List Price
Price per foot
Bed/ Baths
Sq Feet
Close Date
5404 W
149th PL #12
J
$815,000  $798,000
$455.31
3/1,1,1,0
1790/OTH
3/23/2018
5410 W
149th PL #14
F
$805,000  $785,000
$570.92
2/3,0,0,0
1410/A
3/30/2018
5511 W
149th PL #15
D
$730,000  $699,000
$588.71
2/2,0,0,0
1240/A
4/5/2018
5509 W
149th PL #10
A
$680,000  $649,000
$680.00
2/2,0,0,0
1000/A
5/24/2018
5403 W
149th PL #6
J
$803,000  $798,900
$483.73
3/3,0,0,0
1660/A
5/30/2018
5507 W
149th PL #8
B
$700,000  $679,000
$679.61
2/2,0,0,0
1030/A
6/7/2018
5514 W
149th PL #2
D
$746,999  $759,000
$602.42
2/2,0,0,0
1240/A
6/8/2018
5405 W
149TH PL #10
A
$650,000  $629,000
$650.00
2/2,0,0,0
1000/
6/27/2018
5408 W
149th PL #4
E
$825,000  $810,000
$602.19
2/1,1,1,0
1370/A
7/10/2018
5510 W
149th PL #8
B
$670,000  $675,000
$650.49
2/2,0,0,0
1030/A
7/20/2018
5408 W
149th PL #7
A
$690,000  $649,000
$669.90
2/2,0,0,0
1030/B
8/3/2018
5401 W
149th PL #9
B
$685,000  $679,000
$641.99
2/2,0,0,0
1067/A
8/14/2018
5506 W
149th PL #2
D
$715,000  $725,000
$576.61
2/2,0,0,0
1240/A
8/21/2018
5400 W
149th PL #7
J
$855,000  $880,000
$477.65
3/2,0,1,0
1790/O
9/7/2018
5507 W
149th PL  #9
B
$695,000  $680,000
$674.76
2/2,0,0,0
1030/A
9/20/2018
5507 W
149th PL #11
J
$844,000  $847,500
$471.51
3/3,0,0,0
1790/OTH
10/4/2018
5404 W
149th PL #10
B
$685,000  $675,000
$665.05
2/2,0,0,0
1030/A
10/9/2018

Off Market Sale at 5512 W 149th Pl # 11?

We recently noticed a 3 bedroom condo at 5512 W 149th Pl # 11 coming on the MLS at $850,000 but immediately was a pending sale.  This is often the case when something sells off market but is put on the MLS for various reasons.  The home had been on the market priced at $835,000 back towards the end of summer but the owner decided to pull it off of the market.  If the seller did end up getting this new price or higher that might have been a beneficial delay.  We’ll keep you posted when we have more information.

As of this writing there is another 3 bedroom on the market at 5402 W 149th Place Unit#12.  3 bedroom units are fairly rare as the bulk of the units in Fusion are 2 bedrooms so it’s especially rare to see 2 different 3 bedroom units on the market.

Want an easier way to keep up with new home listings in Fusion?  Sign up for free email alerts anytime a new home hits the market.

What Makes Fusion South Bay Townhomes Unique?

Fusion South Bay is a rarity in the South Bay.  With undeveloped land almost unheard of there are simply no places to build new housing developements.  While new construction single family and small townhome complexes are all the rage in this hyper active real estate market, larger complexes are a different animal altogether.

Fusion South Bay was built on former industrial land and, along with 360 South Bay, offers one of the only newer community in the area.  What makes Fusion so ideal is the combination of location (just east of Manhattan Beach and a short drive to the beach) price, and age.  As the homes were built around 2006 and 2007 they offer the feel of new construction with contemporary architecture and many of the updated features that home buyers are looking for such as air conditioning, granite counters, open layouts and more.

Location:  Fusion South Bay is located close to very high priced neighborhoods of Manhattan Beach and Redondo Beach.  In addition to feeling like they’re a part of these coastal towns, the complex also offers much better commuting options as it’s closer to freeway access than the Beach Cities.  Another fantastic aspect to Fusion is that it sits in the Hollyglen area of Hawthorne but unlike much of Hawthorne, it offers access to the award winning Wiseburn School District

Price:  Fusion is a great alternative to neighboring communities as you get far more for your money.  Something of a similar age in Redondo Beach could be $150K or more higher than Fusion.  As of this post the smallest 2 bedrooms which are the A and B floorplans start in the low $600,000 with the larger 3 bedroom J units selling over $800,000.  Homes in 360 South Bay are priced well above that and HOA dues in Fusion are also considerably less at just around $200 a month.

Age:  While there are plenty of new 2 and 3 on a lot townhomes in Redondo Beach the prices for those units have reached an all time high.  Fusion condos and townhomes gives that same feeling of mondern construction as a much lower price.  While each home is different with some builder upgrades in most but not all, the homes still have all of the modern features most people are looking for.

For buyers feeling priced out of the South Bay cities of Manhattan Beach, Hermosa, El Segundo and Redondo Beach, Fusion South Bay is a great alternative.

See the current Fusion homes for sale or contact us for more information about this great community.

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

 

**We are not directly affiliated with Fusion at South Bay. Homes and units are all individually owned. We represent many buyers and sellers in the community but the homes for sale and past listings may be represented by other real estate professionals