Real Estate in The Gated Community of Fusion in Hollyglen – 2019 By the Numbers

One of Hollyglen’s most popular and high demand communties is Fusion South Bay which sits adjacent to the multi million dollar homes of Manhattan Beach.    Home prices continued to rise in this gated community but the number of homes that were available was very limited.  Only 14 homes sold during the entire year compared with 17 in 2018, 18  home sales in 2017 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:

• 2016 – 26 home sales – median list price of $652,500 – median sold price of $663,000 – median $ per foot of $505.00
• 2017 – 18 home sales – median list price of $684,000 – median sold price of $694,950 – median $ per foot of $552.70
• 2018 – 17 home sales – median list price of $699,000 – median sold price of $715,000 – median $ per foot of $602
• 2019 – 14 home sales – median list price of $752,500 – median sold price of $751,000 – median $ per foot of $587

2019 Home Sales in Fusion South Bay