Fusion South Bay real estate and townhomes for sale

Fusion South Bay Real Estate and Homes for Sale

What On Earth Happened to Fusion Home Sales? 8 Sales in 2022

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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

Happy Halloween in Fusion South Bay, Hollyglen and Beyond

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To our clients, friends and family in the gated community of Fusion South Bay, Hollyglen, Hawthorne and beyond we wanted to wish you a very happy Halloween!

Enjoy

 

Keith Kyle and Vista Sotheby’s International Realty

3 Bedroom J Floorplan Hits the Market in Fusion

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While it’s been an incredible real estate market in the gated community of Fusion, this latest listed is really going to be an indication as to whether home prices can reach a price point never seen before.  Given that the highest price a 3 bedroom unit that has sold was the recent sale of 5402 #7 at $998,000 this latest listing at $1.1M is going to show whether Fusion is ready for homes in the $1.0M range.

It was only a year ago that a 3 bedroom had never even sold in the $900,000s.  Given that 5509 #6 is the only home currently active and on the market you just never know, but with another 3 bedroom (g floorplan) priced at $949,000 and in escrow it’s definitely a challenge.

The home itself is in a very nice location in the community but is generally a “base” unit in which they did not have any builder upgrades at the time and don’t appear to have done much upgrading.  When the units were built buyers had the ability to upgrade items like hardwood floors, granite kitchen counters, etc and most of those are the entry level finishes offered at the time.

The J layout is the larger of the 2 three bedroom layouts with a listed 1,790 square feet (builder records indicate 1,790 feet…..tax records show 1,660….this is the same for all of the J units and not uncommon for condos).   The J floorplan is the only layout in all of Fusion in which all living spaces are on one level.  The only challenge is that it has several flights of stairs from the garage to get to the level but once there everything is a single level which is fantastic.    As with all Fusion homes this one has air conditioning and is in the award winning Wiseburn School District.  This home is in very great condition with a beautiful kitchen and  some nice upgrades.  Fusion is located just east of Manhattan Beach in the Hawthorne neighborhood of Hollyglen.

Contact Fusion real estate specialist Keith Kyle for more information or to set up a private tour.

5509 W 149th Pl Unit#6, Hawthorne, CA 90250 – Priced at $1,100,000


Listing courtesy of PNatalia Barbachkova – Rodeo Realty 818-761-7222

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