The Year that Was – 2016 Real Estate Market in Fusion South Bay

By Keith Kyle

2016 was an incredible year in Fusion South Bay with home prices continually on the rise and most listings not lasting long before going into escrow.  There were 27 closed home sales in 2016 in Fusion with a average sales price of just under $665,000 and an average days on market of 25.  Compare this with the average price of $591,000 in 2015.  The least expensive home of the year was A floorplan a selling for $484,000 with the highest price a 3 bedroom J floorplan selling for $775,000.  Click here to see the current Fusion South Bay homes for sale.  Contact us for more information about current listings, the community of Fusion, or surrounding areas.


Address
Price
Price Per Foot Bed/Bath Sq Feet Days on Mkt
5514 W 149th PL #8 $484,000.00 $453.61 2/2,0,0,0 1067/AP 08/08/17
5402 W 149th PL #11 $550,000.00 $550.00 2/2,0,0,0 1000/A 26/26
5506 W 149th PL #9 $575,000.00 $558.25 2/2,0,0,0 1030/A 08/08/17
5400 W 149TH PL #9 $585,000.00 $567.96 2/2,0,0,0 1030/A 20/20
5512 W 149th PL #2 $612,000.00 $493.55 2/2,0,0,0 1240/A 39/39
5511 W 149th PL #2 $620,000.00 $500.00 2/2,0,0,0 1240/A 18/18
5514 W 149th PL #1 $633,000.00 $524.01 2/1,1,1,0 1208/B 05/18/17
5405 W 149th PL #15 $640,000.00 $516.13 2/2,0,0,0 1240/B 38/38
5401 W 149th PL #4 $644,000.00 $470.07 2/2,0,1,0 1370/A 29/29
5410 W 149th PL #2 $645,000.00 $520.16 2/2,0,0,0 1240/A 06/06/17
5408 W 149TH PL #16 $645,000.00 $533.94 2/2,0,1,0 1208/A 34/34
5406 W 149th PL #5 $650,000.00 $474.45 2/2,0,1,0 1370/A 0/0
5405 W 149th PL #16 $661,000.00 $547.19 2/2,0,1,0 1208/E 37/37
5401 W 149th PL #2 $665,000.00 $499.62 2/1,1,0,0 1331/B 06/06/17
5412 W 149th PL #15 $670,000.00 $503.38 2/1,1,0,0 1331/B 06/06/17
5402 W 149th PL #14 $685,000.00 $500.00 2/2,0,1,0 1370/A 46/46
5404 W 149th PL #4 $695,000.00 $463.33 2/2,0,1,0 1500/AP 23/23
5512 W 149th PL #13 $695,000.00 $507.30 2/2,0,1,0 1370/A 06/06/17
5412 W 149th PL #5 $700,000.00 $496.45 3/2,0,0,0 1410/S 45/45
5402 W 149th PL #17 $700,000.00 $525.92 2/2,0,0,0 1331/A 55/55
5412 W 149th PL #4 $705,000.00 $514.60 2/1,1,0,1 1370/A 11/11/17
5507 W 149th PL #3 $725,000.00 $514.18 2/2,0,1,0 1410/A 48/48
5401 W 149th PL #5 $729,000.00 $482.78 3/2,0,0,0 1510/B 08/08/17
5509 W 149th PL #5 $735,000.00 $487.40 3/2,0,0,0 1508/B 11/11/17
5404 W 149th PL #13 $765,000.00 $506.62 3/2,0,0,0 1510/B 06/06/17
5412 W 149th PL #6 $765,000.00 $460.84 3/2,0,1,0 1660/A 123/123
5507 W 149th PL #6 $775,000.00 $466.87 3/1,1,1,0 1660/A 09/09/17

The Year in Review – 360 South Bay Real Estate Recap

By Keith Kyle

2016 was an incredible year in 360 at South Bay with home prices continually on the rise and most listings not lasting long before going into escrow.  There were 39 closed home sales in 2016 in Three Sixty with a median price of just under $745,000.  Compare this with 2015 which saw 47 home sales at a median price of $703,000.  The least expensive home of 2016 was a one bedroom in The Flats selling for $525,000 with the highest sale of the year being a detached 4 bedroom in the Terraces closing at $1,325,000.  Of the 38 home sales the various model/floorplans were:


Address Price Price Per Sq Ft Br/Ba Square Feet Days on Mkt
5540 Strand AV #203 $525,000 $590 1/1,0,0,0 890/A 31/31
13126 Union AV #203 $565,000 $635 1/1,0,0,0 890/A 45/45
12922 Union AV #403 $578,000 $437 1/1,0,1,0 1323/SEE 42/42
13032 Union AV #401 $612,500 $463 1/2,0,0,0 1323/B 02/02/17
5351 Ocean #104 $649,000 $515 2/2,0,1,0 1260/A 23/23
13021 Central AV #302 $660,000 $452 2/2,0,0,0 1460/A 29/29
13024 Union AV #203 $670,000 $469 2/2,0,0,0 1429/B 26/26
5540 Strand AV #202 $680,000 $507 2/2,0,0,0 1340/A 49/49
13032 Union AV #203 $680,000 $476 2/2,0,0,0 1429/B 38/38
13024 Union AV #301 $685,000 $507 2/2,0,0,0 1350/A 53/53
13022 Central AV #201 $688,000 $481 2/2,0,0,0 1429/B 23/89
12825 CITY DR #105 $690,000 $505 2/2,0,1,0 1367/A 21/21
12915 PARK PL #204 $695,000 $448 2/2,0,0,0 1550 23/23
5439 Strand #105 $703,000 $482 2/2,0,1,0 1460/A 12/12/17
5449 Strand #102 $715,000 $460 2/2,0,1,0 1554/B 32/32
13028 Central AV #402 $720,000 $465 2/2,0,0,0 1548/B 06/06/17
13024 Union AV #402 $725,000 $468 2/2,0,0,0 1548/B 04/04/17
13124 Central AV #301 $728,000 $438 2/2,0,0,0 1662/B 06/06/17
5530 Strand #401 $740,000 $490 2/2,0,0,0 1511/D 13/13
5537 Strand #103 $749,500 $437 2/2,0,1,0 1714/B 46/46
5552 Coral DR #107 $770,000 $476 3/1,2,0,0 1616/AP 49/49
5423 Ocean #101 $780,000 $423 3/2,0,1,0 1843/A 35/35
5554 Coral DR #104 $785,000 $510 2/2,0,1,0 1540/A 05/05/17
12921 Mission AV #102 $792,000 $514 2/1,1,1,0 1540/A 01/01/17
13228 Central AV #102 $815,000 $422 3/3,0,1,0 1930/A 11/01/40
13123 Park #101 $829,000 $450 3/2,0,1,0 1843/A 52/52
5593 Palm DR #103 $829,000 $511 3/2,0,1,0 1621/B 11/11/17
13220 Central AV #102 $830,000 $420 3/3,0,1,0 1978/S 44/44
5433 Ocean #102 $835,000 $442 3/3,0,1,0 1890/A 02/02/17
13131 Park PL #103 $837,000 $434 3/4,0,0,0 1930/A 47/47
13123 Park PL #103 $847,500 $439 3/4,0,0,0 1930/A 37/37
5593 Palm DR #109 $849,000 $404 4/3,0,1,0 2100/B 01/01/17
13220 Central AV #103 $849,000 $440 3/3,0,1,0 1930/A 52/52
5439 Strand #101 $850,000 $417 3/3,0,0,0 2040/A 0/0
5547 Strand #106 $852,000 $386 3/3,0,0,0 2210/T 08/08/17
13130 PARK PL #106 $855,000 $462 3/3,0,0,0 1850 08/08/17
5547 Palm DR $869,000 $506 3/3,0,1,0 1719/D 07/07/17
5531 Palm DR $1,325,000 $538 4/2,0,1,0 2463/B 10/10/17

Goodbye 2016, Hello 2017 – Hollyglen real estate forecast

By Keith Kyle

2016 was a very strong year for real estate in Hollyglen and Del Air and the South Bay.  Foreclosures and short sales slowed to a trickle, home prices rose throughout the year, demand continued to rise and Hollyglen continued to be a highly sought after community.

So what’s in store for the Hollyglen real estate market in 2017?  With interest rates still low and pent up demand still outweiging the current inventory, it looks to be more of the same.  Prices are at peak levels and interest rates have risen slightly which may cool things off just a bit but the demand is strong for homes in this coastal community.  Visit the Hollyglen and Del Aire real estate market statistics to keep up with the latest trends.

Hollglen Hawthorne Real Estate Market Trends

By Keith Kyle

Just when it started to appear that inventory was finally on the rise, it quickly peaked and dropped down to very low levels once again. The chart below shows all the South Bay and Palos Verdes areas for the past year.  We saw a peak in July wth 1,726 active homes for sale, but have steadily declined since and are not nearing the low point of last December.  Inventory generally picks up after December and hopefully the general trend of inventory steadily rising until mid summer continues.  The housing market chart for just Hollyglen and Del Aire is at the bottom of the page.


Housing market trends for Hollyglen and Del Aire were slightly more balanced, which was due more to the limited number of homes in the area which makes for a much smaller sample size.  With so few homes that come on the market it makes determining specific trends a bit more difficult.

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