While it may not seem like it if you’re a frustrated home buyer, not every home sells above the asking price these days. 5402 w 149th #17 just closed escrow and is a
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.
The D floorplan has a very nice living level with a fairly spacious living room that opens to the dining area and large kitchen. One of the biggest challenges to this layout is that the “guest” bath which services both the living level and one of the upstairs bedrooms is actually on the middle landing of the stairs between the two levels so it’s somewhat unusual but certainly works. Both bedrooms are upstairs with the guest bedroom using the bathroom below as mentioned.
As with all condos and townhomes in Fusion, the home offered central A/C and is part of the award winning Wiseburn School District.
Condo Info
- 2 bedrooms
- 2 bathrooms
- 1,331 square feet*
- $293 HOA dues
- Closed on 3/14 at $889,610
- Listing BYNicholas Phillips – Compass – 310-241-3038
*As with every layout in Fusion there’s a bit of confusion to the square footage as original builder plans show 1,331 square footage but the tax records indicate 1,240 sq feet.
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.
number despite selling quite a bit below the list price. The other was a very nicely maintained and updated A floorplan that recently sold at $755,000. The number itself isn’t all that unusual given that the last two B floorplans with similar layouts and square footage closed at $760,000. What was a bit surprising is that the location of 5511 #10 is a bit of a challenge as it fronts Aviation so there is definitely some road noise. It’s quite a ways back due to the grassy park area and parking lot out front but still gets it’s share of noise. $755,000 is an impressive price but the home was in very nice condition with granite counters, hardwood floors and updated stainless appliances. 
reach a price point never seen before. Given that the highest price a 3 bedroom unit that has sold was the