Fusion South Bay real estate and townhomes for sale

Fusion South Bay Real Estate and Homes for Sale

Low Interest Rates, Low HOA and Multiple Listings Make For A Compelling Time in Fusion

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While there is no shortage of uncertainty at the moment, there’s definitely some compelling reasons to consider buying a home in Fusion at the moment.  Here are just a few reasons it might be a time to consider making the move….

  1. Low interest rates:  Interest rates are extremely low at the moment and this means lower payments every month….for the rest of your mortgage (assuming it’s fixed).  Lower interest rates means your purchasing power goes further….sometimes much further and a loan that might have been challenging to qualify before may now be much easier.
  2. Low HOA dues:  Many buyers don’t calculate all of the costs and HOA can often significantly impact your monthly cost.  Fusion has always had a very low monthly HOA which can help qualify for more
  3. Several homes on the market:  While just a month ago there were no homes for sale, there are now 3 (as of 4/20).  This may mean that sellers are more willing to negotiate a lower price or better terms
  4. Great schools:  The award winning Wiseburn School District only improved with the addition of the high school.  Great schools make great communities and keep home values solid in every market.

Contact Fusion real estate specialist Keith Kyle for more information or start your Fusion home search here.

Current Fusion South Bay Homes for Sale

First New Fusion Listing Since November Now On the Market

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We’ve written a lot about how there have been so few (none in fact) homes on the market in Fusion for the past several months. We’re happy to report that there’s finally a new A floorplan for sale.  5405 W 149th Pl #7 just hit the market priced at $749,000.  Normally we would definitely wonder about that price but given that there’s lots of pent up demand and it’s the only home on the market in the past 4 1/2 months who knows.  The last few “A” floorplans to go on the market sold at $697,000 (9/19), $678,000 (8/19) and $695,000 (7/19).  See the details and photos below and contact us for more information or to arrange a private showing.

5405 W 149th Place #7

Real Estate Recap – Fusion South Bay Home Sales in 2019

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2019 was a very slow year for home sales in the gated communty of Fusion South Bay with only 14 homes selling during the entire year.  2018 saw 17 home sales, 2017 saw 18 home sales and 2016 saw 26 home sales.

The slow market was definitely not due to the lack of demand as there are plenty of buyers interested in the community and homes in the Wiseburn School District.  It’s simply to the lack of listings on the market.  For comparison sake here are the last few years:

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 $552.70

2016 – 26 home sales

  • Median list price of $652,500
  • median sold price of $663,000
  • median $ per foot of $505.00

2019 Home Sales in Fusion South Bay

Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Sold Date
5512 W
 149th PL   #11
$848,000
$510.84
3/3,0,0,0
1660/A
1/7/2019
5402 W
 149th PL   #12
$820,000
$493.98
3/2,0,1,0
1660/A
1/22/2019
5406 W
 149th PL   #18
$710,000
$639.64
2/1,1,1,0
1110/A
4/2/2019
5403 W
 149th PL   #4
$799,000
$583.21
2/1,1,1,0
1370/A
5/1/2019
5412 W
 149th PL   #4
$807,000
$589.05
2/1,1,1,0
1370/A
5/14/2019
5507 W
 149th PL   #15
$720,000
$580.65
2/1,1,0,0
1240/A
6/18/2019
5401 W
 149th PL   #14
$785,000
$556.74
2/2,0,1,0
1410/A
6/19/2019
5510 W
 149th PL   #4
$799,000
$583.21
2/3,0,0,0
1370/A
6/27/2019
5400 W
 149th PL   #9
$669,000
$649.51
2/2,0,0,0
1030/A
7/1/2019
5506 W
 149th PL   #10
$695,000
$695.00
2/2,0,0,0
1000/A
7/9/2019
5412 W
 149th PL   #10
$678,000
$678.00
2/2,0,0,0
1000/A
8/1/2019
5403 W
 149th PL   #15
$727,000
$586.29
2/2,0,0,0
1240/A
8/15/2019
5402 W
 149th PL   #8
$697,000
$697.00
2/2,0,0,0
1000/
9/20/2019
5405 W
 149th PL   #15
$775,000
$625.00
2/2,0,0,0
1240/A
10/4/2019

Calling All Fusion Home Sellers!

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It’s been pretty amazing just how few homes have been on the market in Fusion during late summer which is traditionally a solid time to list in this gated community.  According to Fusion specialist Keith Kyle, “it’s surprising that more sellers haven’t put their homes on the market in the last month or two.  It’s a great environment for sellers as the interest rates are low and inventory/competition is almost non-existant”.

While there’s nothing currently for sale visit the current Fusion homes for sale page frequently as it’s updated contiunually.  Here’s to hoping we see some new homes on the market in the near future!  For Fusion homeowners get a updated valuation of your property to see if the timing is right to list your home.

What Makes Fusion South Bay Townhomes Unique?

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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.

And then there were None – 0 Active Listings in Fusion to Start February

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By Keith Kyle

There’s low inventory and then there is NO inventory. Unfortunately that’s where we are at in Fusion with the last of the active listings going into escrow. As it’s an ideal time to sell, it’s unusual to see so few homes on the market. In general the market picks up in February but with inventory having been so low for so long….we’ll just have to wait and see.