The trend of extremely low housing inventory in Fusion South Bay continues with March 2018 starting and no active homes for sale in one of the Beach Cities only gated communities. If you would like to be notified when a new Fusion South Bay home hit’s the market tell us about your search and we’ll be happy to help.
Realtors are pretty well known for trying to create a sense of urgency. Statements like the above are pretty common but sometimes they are very true. As of January 4th there are no homes for sale in Fusion South Bay and the demand has only increased over the past 2 years as neighboring Manhattan Beach, El Segundo, Redondo and 360 South Bay values have risen sharply.
Of the past 4 sales in Fusion, 3 sold over the list price and the 4th sold only slightly below their list price.
Prices rose throughout the year in Fusion and continue to rise. As an example the A and B floorplans were selling in the $575,000 range at the beginning of 2017 and by the end of the years the same floorplans were consistanly selling well into the mid $600,000. With tightened supply comes and even greater demand. We are contacted by several buyers a week looking for something in the community. If you are considering selling your home, contact us or find out what your Fusion towhome is worth in today’s real estate market.
2017 Sales of A and B units in Fusion
|Address||Sale Price/List Price||Price Per Ft||Bed/Bath||Sq Feet||Days on Mkt||Sale Date|
|5406 W||149TH PL #11||$570,000 / $590,000||$570.00||2/2,0,0,0||1000/||88/88||01/06/17|
|5514 W||149th PL #8||$582,000 / $589,000||$545.45||2/2,0,0,0||1067/S||3/150||03/06/17|
|5406 W||149TH PL #9||$589,000||$571.84||2/2,0,0,0||1030/||7/7||06/15/17|
|5403 W||149th PL #8||$630,000 / $629,000||$611.65||2/2,0,0,0||1030/A||6/6||08/29/17|
|5510 W||149th PL #8||$593,000 / $595,000||$555.76||2/2,0,0,0||1067/SEE||3/3||09/08/17|
|5512 W||149th PL #8||$645,000 / $620,000||$626.21||2/2,0,0,0||1030/B||6/6||10/05/17|
|5507 W||149th PL #7||$665,500 / $629,900||$665.50||2/2,0,0,0||1000/A||7/7||11/15/17|
|5514 W||149th PL #8||$645,000 / $640,000||$626.21||2/2,0,0,0||1030/A||18/18||12/12/17|