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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Latest Fusion South Bay Real Estate News

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It’s been a busy market in Fusion with a number of new listings, new escrows, price changes and closed sales. Here’s the latest:

  • 5507 #11 – This is a 3 bedroom J floorplan which is usually very rare but when this hit the market late in August this was the 3rd J unit on the market.  This beautiful home went into escrow quickly and is scheduled to close escrow on September 28th.  List price was $847,500
  • 5512 #11 – This was another 3 bedroom J floorplan that was initially listed at $850,000.  When 5507 was put on the market this home was reduced to $835,000.   They had an offer but the seller decided to pull it off of the market and it’s no longer available.
  • 5404 #10 – This is one of the smaller “B” 2 bedroom units currently active on the market and priced at $675,000.  We believe they’ll have multiple offers and it will be in escrow shortly.
  • 5403 #4 – This is a larger 2 bedroom originally priced at $815,000 and recently reduced to $799,000 and is still active.  It’s a nice unit that faces the interior.
  • 5507 #9 – This is another smaller “B” floorplan that was a relocation.  It sold quickly with multiple offers and is currently pending
  • 5400 #7 – This was yet another 3 bedroom “J” floorplan unit that faced the interior but was towards the end of the complex.  It came out at a fairly huge number of $880,000 and quickly went into escrow.  The unit will close this week at a record sales price for the community.

For more information on all of these visit the current Fusion South Bay listings, or see the recent sales activity in this gated community.

Multiple Open Houses in Fusion South Bay 8/25/2018 and 8/26/2018

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BUILDING YOUR DREAMS
ONE HOME AT A TIME

KEITH KYLE

proudly presents 

3 bedroom Fusion exteriors

3 BEDROOMS   |   3  BATHS  |  1,790 SQ FT HOME (BTV)

 

 OFFERED AT $847,500

  Fusion J unit dining room

PUBLIC OPENS
SAT. & SUN., 1-4PM
Beautiful and rare 3 bedroom “J” floor plan in the gated community of Fusion South Bay 
KEITH KYLE
REALTOR® | DRE# 01712785

 

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