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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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.
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.
