The Slowest Year on Record for Townhome and Condo Sales in Fusion
My oh my has the real estate market in Fusion South Bay slowed this year. There were 2o townhomes and condos that sold in the gated community of Fusion in
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.
We haven’t even seen a listing in months at this point so look like 8 is the number for 2022. Normally we would put a link in this post to the current homes for sale in Fusion…..unfortunately that wouldn’t accomplish much at this point.
Let’s hope 2023 picks up the listings and available homes a bit!
Here are the 8 homes that sold in 2022
| Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Sold Date | |
| 5402 W | 149th PL #17 | $889,610 | $668.38 | 2/2,0,0,0 | 1331/S | 3/14/2022 |
| 5405 W | 149th PL #12 | $1,023,750 | $726.06 | 3/2,0,0,0 | 1410/P | 3/25/2022 |
| 5404 W | 149th PL #11 | $844,000 | $844.00 | 2/2,0,0,0 | 1000/A | 4/15/2022 |
| 5406 W | 149th PL #14 | $985,000 | $718.98 | 2/2,0,1,0 | 1370/A | 5/9/2022 |
| 5410 W | 149th PL #4 | $899,000 | $656.20 | 2/2,0,1,0 | 1370/P | 6/6/2022 |
| 5514 W | 149th PL #2 | $899,000 | $725.00 | 2/2,0,0,0 | 1240/A | 7/27/2022 |
| 5400 W | 149th PL #18 | $836,000 | $686.37 | 2/2,0,1,0 | 1218/D | 8/10/2022 |
| 5405 W | 149th PL #9 | $850,000 | $825.24 | 2/2,0,0,0 | 1030/A | 9/15/2022 |
layouts and it has a fairly nice layout. The first floor consists of only the entry as well as the 2 car garage. Head upstairs to the living level with a decent sized living room opening to both the dining room and spacious kitchen as well as laundry and pantry. The top level features a primary suite along with guest bedroom. The only odd part of the layout is that the guest bath, which serves both the guest bedroom and the living spaces…the bathroom is actually midway up the stairs so the layout is odd in that regard. The home itself is in nice condition and other than the rather bold color choices.
good example. It was priced very aggressively when it first hit the market at just under $950,000. That was a big number for this layout but stranger things have happened lately. After about 2 weeks on the market it was reduced to $899,000 and quickly went into escrow and closed for $889,610. Either way this is still an impressive number and clearly is still a seller’s market.
with a split level living area and all 3 bedrooms on the same level. While the 3 bedroom J floorplan is popular with all spaces on one level, the G doesn’t have nearly as many stairs overall with the living room being on ground level. The MLS info shows 1,410 square feet but original builder plans indicate over 1,500 square feet. The home has 2 outdoor patios and a nice open kitchen area. As with all of the condos and townhomes in Fusion this home has A/C and is the award winning Wiseburn School District boundaries.
few listings towards the end of the year. Overall it was a good year with 20 on market (MLS) home sales. The average asking price was $821,000 with the average sold price at $837,000 for the year….both are very big numbers compared with historical prices. Homes averaged a very short 11 days on the market before going into escrow.