Fusion South Bay real estate and townhomes for sale

Fusion South Bay Real Estate and Homes for Sale

2 Homes Currently for Sale in Fusion – 1/31/19 Market Update

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In years past  “only” 2 weeks on the market wouldn’t have meant anything….that hasn’t been the case over the past two years with homes in Fusion often going into escrow in the first week and some selling before they even hit the market.  The average days on market for the homes that sold in Fusion in 2018 was 11.  With one home currently for sale and  on the market for 15 days and another on the market for over three weeks, does that indicate a slight slowdown or just a temporary blip due to the time of year and weather?  This is normally a slower time of year so we’ll know more as to whether the market heats up along with the weather.

As of 1/31 there are two active listings in Fusion.  The first is a “C” floorplan at 5406 W 149th Pl # 18 that is priced at $735,000 and the other an “E” floorplan at 5403 W 149th Place Unit#4 currently priced at $799,000.  E floorplans had been one of the highest demand layouts over the past 2 years.

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Fusion 2018 – Year in Review

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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?

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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.

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Finally a New Listing in Fusion South Bay – 5402 W 149th Place #12

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By Keith Kyle

It’s been a while since anything came on the market in Fusion but there’s finally a new listing.  5402 W 149th Place #12 is a J floorplan (see video walkthrough of a J layout) that came on the market priced at $829,000.  The J unit is a rare 3 bedroom, 2 1/2 bath.  Square footage is listed at 1660 square feet but builder data shows 1730 sq feet.  The home offers some upgrades with granite counters, stainless appliances and some hardwood floors in the kitchen area.  The listing agent is Gina Hoffman of Palm Realty Boutique

Email us for more information or to set up a private showing or call us.

Currently No Homes for Sale in Fusion South Bay

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What has already been a fairly slow few months in Fusion South Bay has gotten even slower with no new listings on the market in the last month. As Fusion is just across the street from Manhattan Beach but priced in an entirely different range, this has become a very high demand community. With so little inventory the demand certainly doesn’t show signs of easing anytime soon. While there are currently no homes for sale 360 South Bay may be an alternative for buyers. You can also visit our Fusion listings for an updated list of homes for sale when new listings hit the market.

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