As one of the top realtors in the community of Fusion in Hawthorne…..I just can’t figure it out. While other nearby commmunities such as Manhattan Village
and Three Sixty just keep rolling along at a pretty steady pace….there is just nothing for sale in Fusion.
We put together a report every year comparing the number of sales to the previous years and 2023 YTD is the slowest year we’ve ever seen. In 2021 there were 21 homes sold in Fusion…..then things got slow. 2022 saw only 8 sales all year long and then in 2023 there have only been 4 with no listings in the past 2 months.
Making it even more odd is that all 4 were not on the market until May so basically there were no listings in the first quarter and now zero listings in the 3rd quarter. We don’t have a definitive explanation as it’s certainly not a lack of demand as nearby neighborhoods and communities show. We’re guessing that the usual Fusion owners that might be looking to sell and buy something larger, or different, are worried about the interest rates on a purchase and simply think it’s the wiser choice to stay put. Regardless nobody is selling and it’s making for a VERY slow year.
Normally this would be the section in our post where we say “see the current homes for sale in Fusion”……this year that just hasn’t been possible.
2023 YTD Home Sales in Fusion.
| Address | Price | $ Per foot | Bed/Bath | Sq Foot | Sold Date |
| 5408 w 149th PL #7 | $805,000 | $805.00 | 2/2,0,0,0 | 1000/A | 6/9/2023 |
| 5403 w 149th PL #1 | $910,000 | $753.31 | 2/2,0,1,0 | 1208/A | 6/26/2023 |
| 5507 w 149th PL #15 | $938,300 | $756.69 | 2/2,0,0,0 | 1240/ | 5/1/2023 |
| 5404 w 149th PL #7 | $1,155,000 | $645.25 | 3/3,0,0,0 | 1790/B | 6/27/2023 |
2023 (YTD as of 8/25/23 – 4 home sales
median list price of $895,000
median sold price of $924,150
median $ per foot of $755
2022 – 8 home sales
median list price of $899,000
median sold price of $894,305
median $ per foot of $721
2021 – 21 home sales
median list price of $815,000
median sold price of $820,000
median $ per foot of $649
2020 – 18 home sales
median list price of $799,000
median sold price of $792,500
median $ per foot of $607
2019 – 14 home sales
median list price of $752,500
median sold price of $751,000
median $ per foot of $587
2018 – 17 home sales
median list price of $699,000
median sold price of $715,000
median $ per foot of $602
2017 – 18 home sales
median list price of $684,000
median sold price of $694,950
median $ per foot of $552
2016 – 26 home sales
Median list price of $652,500
median sold price of $663,000
median $ per foot of $505
2022 Home Sales in Fusion South Bay
2021. As of this post there have been only 8 closed sales in Fusion in 2022…..and the last one sold at the beginning of September. We’ve posted in the past about year over year comparisons and every year since 2014 there have been about 18 homes a year that sell so six……is a bit off of the mark.