Finally Some Housing Inventory in Three Sixty South Bay

It’s been pretty slowgoing with new listings for sale in the gated community of 360 South Bay with only a trickle of homes on the market. Those homes have generally sold pretty quickly in the past few months although there are indications that the real estate market may be cooling.

Recently there have been a few new homes for sale and a few are fairly unique. One of the recent listings was a 1 bedroom loft style home in The Lofts at 5550 Boardwalk # 102, which quickly went into escrow. We are aware that another similar unit will soon hit the market as well.

As of this post on 11/28 there are 3 active homes for sale in 360 and we are aware of three upcoming or off market listings in the community as well. If you are looking to buy in the community now may be a good time to buy with a variety of homes available and interest rate rises on the horizon.

Rare 1 Bedroom in The Lofts for Sale at 5550 Boardwalk # 102

*Update this home is currently in escrow.

As there is only one building that makes up the “Lofts” in Three Sixty and the very unique floorplans this style offers, it’s rare that homes become available in this building.

Recently 5550 Boardwalk # 102 hit the market at a price of $695,000.  This is a 1 bedroom (loft style) 1 1/2 bath home with approximately 1,135 square feet.  As this, along with all of 360, was built in the past 10 years the places have all of the features and finishes expected of new construction.  5550 Boardwalk # 102 offers hardwood floors, great light, stainless appliances and a nice open feel.  Contact us if you are looking for something similar as we are aware of another unit that will be hitting the market.

How Do Three Sixty Home Prices Compare with Fusion?

Three Sixty South Bay and Fusion South Bay are two of the premier gated communities in the area.  Both communities are fairly new with 360 generally being built around 2012-2013 and Fusion being built around 2006.  New construction with ammenities that today’s buyers are looking for are very hard to find in a similar price range in the neighboring communities.  Both neighborhoods appealed to buyers that wanted the lifestyle of Manhattan or Redondo but couldn’t afford it.  Although todays buyers seem to be more focused on one or the other, they have long appealed to the same buyers.

View the current homes for sale in Three Sixty and the current homes for sale in Fusion

The charts below show of the basic real estate market information.  It’s not always an apples to apples comparison as 360 offers everything from studio condos to large 4 bedroom “single family” style detached homes.  Fusion on the other hand offers 2 and 3 bedroom townhomes.  If you’re considering either community here are the basics:

Fusion 2018 (as of 4/18/18)
360 South Bay 2018 (as of 4/18/18)
5 homes on the market (2 active)
16 homes on the market
Average  per foot $577.79
Average  per foot $546
Median per foot $588.71
Median per foot $5555
Average price $783,333
Average price $925,813
Median Price $805,000
Median Price $845,000
Highest Sale $815,000
Highest Sale $1,199,000
Lowest Sale $649,000*
*currently active listing
Lowest Sale $698,000
Fusion 2017
360 South Bay 2017
18 homes on the market
65 homes on the market
Average  per foot $553.65
Average  per foot $504
Median per foot $552.70
Median per foot $501
Average price $687,628
Average price $842,485
Median Price $694,950
Median Price $808,000
Highest Sale $814,900
Highest Sale $1,260,000
Lowest Sale $589,000
Lowest Sale $525,000

2017 Real Estate Recap for Three Sixty South Bay

By Keith Kyle

It was a pretty stellar year for real estate in 360 South Bay with 65 on market home sales. The average sales price was $842,550 with an average list price of $835,500 which says a lot about just how hot the market was last year. Of the 65 home sales 11 were detached single family style “Terrace” homes, 30 townhomes in the Courts, Townes, Row and Garden, 23 single level condos in the Flats and one loft/townhome in the Lofts. See the current homes for sale in 360 South Bay here or contact us about any of the homes below.

Address
Sold Price / List Price
Price Per Foot
Bed/Bath
Sq Feet
Sold Date
SFR/D
5520
Palm DR
$1,200,000 / $1,199,000
$ 495
4/2,0,1,0
2423/A
1/11/2017
CONDO/A
5450
Strand #402
$740,500 / $720,000
$ 490
2/2,0,0,0
1511/B
1/20/2017
CONDO/A
12915
Park PL #301
$685,000 / $689,000
$ 479
2/2,0,0,0
1429/B
1/31/2017
TWNHS/A
12921
Union AV #107
$975,000 / $949,000
$ 476
4/3,0,1,0
2050/A
2/1/2017
CONDO/A
5540
Strand #201
$525,000 / $539,500
$ 590
1/1,0,0,0
890/A
2/17/2017
CONDO/A
5535
Ocean #105
$681,000 / $679,000
$ 516
2/2,0,1,0
1320/A
3/2/2017
CONDO/A
5527
Strand #102
$741,000 / $720,000
$ 477
2/3,0,0,0
1554/B
3/3/2017
CONDO/A
12917
Central AV #302
$750,000 / $729,000
$ 453
2/2,0,0,0
1654/B
3/13/2017
TWNHS/A
13123
Park PL #104
$720,000 / $719,900
$ 558
2/2,0,1,0
1290/B
3/15/2017
SFR/D
5577
Palm DR
$1,130,000 / $1,125,000
$ 563
4/2,0,1,0
2007/A
3/17/2017
TWNHS/A
13130
Park PL #103
$829,000
$ 419
3/3,0,1,0
1980/A
3/24/2017
TWNHS/A
5341
Ocean #102
$820,000 / $825,000
$ 415
3/3,0,1,0
1978/B
3/30/2017
SFR/D
5557
Palm DR
$1,200,000 / $1,195,000
$ 581
3/2,0,1,0
2064/A
4/7/2017
TWNHS/A
5451
Ocean #102
$715,000 / $699,000
$ 490
2/2,0,0,0
1460/A
4/10/2017
TWNHS/A
5565
Ocean #103
$817,000 / $819,000
$ 432
3/3,0,1,0
1890/O
4/13/2017
CONDO/A
13019
Park PL #402
$760,000 / $759,900
$ 491
2/2,0,0,0
1548/B
4/19/2017
TWNHS/A
5550
Boardwalk #104
$755,000 / $759,000
$ 504
2/2,0,0,0
1498/B
4/20/2017
CONDO/A
12922
Union AV #404
$770,000 / $725,000
$ 497
2/2,0,0,0
1548/B
4/20/2017
CONDO/D
5360
Pacific Terrace #103
$975,000
$ 398
3/4,0,0,0
2450/
4/21/2017
CONDO/A
13025
Park PL #201
$565,000 / $559,000
$ 590
1/1,0,0,0
957/B
4/25/2017
CONDO/A
13125
Central AV #401
$775,000 / $739,000
$ 513
2/2,0,0,0
1511/B
4/25/2017
TWNHS
5525
Ocean #103
$845,000 / $825,000
$ 436
3/3,0,1,0
1940/A
5/2/2017
CONDO/D
5245
Pacific Terrace
$1,074,000 / $1,049,000
$ 577
3/3,0,0,0
1861/A
5/8/2017
CONDO/A
12920
Central AV #403
$641,624 / $619,000
$ 485
1/1,0,1,0
1323/B
5/17/2017
TWNHS/A
5433
Ocean #106
$809,000
$ 417
3/2,0,1,0
1940/AP
5/23/2017
CONDO/A
5535
Ocean #102
$845,000 / $849,900
$ 454
3/3,0,1,0
1860/A
5/23/2017
CONDO/A
13019
Park PL #403
$655,000 / $629,000
$ 485
1/1,0,1,0
1350/A
5/25/2017
TWNHS/A
5545
Ocean #105
$731,500 / $715,000
$ 554
2/2,0,1,0
1320/A
6/1/2017
CONDO/A
13028
Central AV #401
$661,888 / $629,000
$ 500
1/1,0,1,0
1323/B
6/28/2017
SFR/D
5243
Pacific Terrace
$1,175,000 / $1,198,000
$ 537
4/3,0,0,0
2187/A
6/30/2017
SFR/D
5231
Pacific Terrace
$1,225,000 / $1,250,000
$ 583
4/3,0,0,0
2100/D
7/5/2017
TWNHS/A
12822
Manhattan CT #103
$849,000
$ 429
3/3,0,1,0
1978/B
7/6/2017
TWNHS/A
5550
Strand #108
$989,000
$ 482
4/1,2,1,0
2050/A
7/6/2017
TWNHS/A
5341
Strand #105
$780,000 / $739,000
$ 531
2/2,0,1,0
1470/A
7/10/2017
TWNHS/A
5545
Ocean #103
$860,000 / $888,000
$ 435
3/3,0,1,0
1978/B
7/18/2017
CONDO/A
13024
Union AV #302
$750,000 / $739,000
$ 453
2/2,0,0,0
1654/B
7/21/2017
CONDO/A
13022
Central AV #402
$825,000 / $775,000
$ 533
2/2,0,0,0
1548/A
7/24/2017
TWNHS/A
5419
Strand #103
$815,000 / $795,000
$ 464
2/2,0,1,0
1758/B
8/4/2017
CONDO/A
5545
Ocean #101
$824,000
$ 453
3/2,0,1,0
1820/A
8/10/2017
CONDO/A
13022
CentralAV #302
$788,000 / $749,000
$ 502
2/2,0,0,0
1570/A
8/15/2017
CONDO/A
12915
Park Place #202
$765,500 / $768,000
$ 494
2/2,0,0,0
1550/A
8/23/2017
CONDO/A
12920
Central AV #303
$735,000 / $724,000
$ 514
2/2,0,0,0
1429/B
8/30/2017
TWNHS
5555
Ocean #102
$865,000 / $850,000
$ 465
3/4,0,0,0
1860/A
8/31/2017
SFR/D
5567
Palm DR
$1,149,000
$ 557
3/2,0,1,0
2064/A
8/31/2017
CONDO/A
13024
Union AV #404
$837,500 / $799,000
$ 541
2/2,0,0,0
1548/B
9/6/2017
CONDO/A
5450
Strand#201
$525,000
$ 590
1/1,0,0,0
890/A
9/11/2017
SFR/D
5566
Palm DR
$1,160,000 / $1,139,000
$ 562
4/3,0,0,0
2064/A
9/13/2017
TWNHS/A
12823
Manhattan CT #106
$770,000 / $759,000
$ 527
2/2,0,1,0
1460/A
10/3/2017
TWNHS/A
5315
Pacific #105
$767,000 / $769,000
$ 522
2/3,0,0,0
1470/A
10/4/2017
TWNHS
12823
Manhattan CT #104
$748,000 / $788,000
$ 512
2/2,0,1,0
1460/
10/10/2017
TWNHS/A
5355
Strand #101
$977,000 / $955,000
$ 455
3/3,0,0,0
2148/AP
10/12/2017
SFR/D
5571
Palm DR
$1,260,000 / $1,275,000
$ 501
4/2,0,1,0
2514/A
10/13/2017
TWNHS/A
5554
Coral DR #106
$840,000 / $829,000
$ 553
3/2,0,1,0
1520/A
10/18/2017
CONDO/A
12920
Central AV #203
$767,000 / $745,000
$ 537
2/2,0,0,0
1429/B
10/24/2017
TWNHS/A
5325
Pacific TE #106
$960,000 / $995,000
$ 447
3/3,0,0,0
2148/S
11/3/2017
CONDO/A
13019
Park PL #203
$765,000 / $749,000
$ 535
2/2,0,0,0
1429/B
11/14/2017
TWNHS/A
12824
City DR #107
$952,000 / $949,000
$ 467
3/3,0,0,0
2040/A
11/14/2017
CONDO/A
13124
Central AV #201
$569,000
$ 595
0/1,0,0,0
957/B
11/21/2017
CONDO/D
5440
Strand #201
$585,000 / $569,000
$ 611
1/1,0,0,0
957/B
11/28/2017
CONDO/D
5580
Palm DR
$1,179,000 / $1,195,000
$ 469
4/2,0,1,0
2514/A
11/29/2017
TWNHS/A
12824
City DR #105
$740,000 / $759,000
$ 507
2/3,0,0,0
1460/A
12/1/2017
CONDO/A
13021
Central AV #401
$678,000
$ 547
1/1,0,1,0
1240/A
12/13/2017
TWNHS/A
5593
Palm DR #104
$955,000 / $979,000
$ 452
4/4,0,0,0
2115/T
12/15/2017
CONDO/A
12824
City DR #104
$808,000 / $769,000
$ 520
2/2,0,1,0
1554/B
12/20/2017
SFR/A
5236
Pacific Terrace
$1,133,000 / $1,149,000
$ 549
4/2,0,1,0
2064/A
12/21/2017

Still a Red Hot Real Estate Market in 360 South Bay

Well if we needed any indication that the housing market in 360 South Bay continues to be on fire the recent pending sale at 12822 Manhattan Court is a pretty good indicator. Going into escrow after just 3 days on the market the home was priced in the higher range for a 2 bedroom “court” home located on the north side of the complex. Listed with Holly Danna of Douglas Elliman this home sold almost immediately and is an impressive indication of the high demand in this great community..

The Year in Review – 360 Home Sales in 2016

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

360 South Bay Market on Fire with 8 Homes Currently in Escrow

By Keith Kyle

Well it appears talk of the market slowing down due to the potential litigation issues against the builder certainly haven’t slowed things down.  As of October 18th, 2016 there are only 2 active homes for sale with 8 homes currently in escrow.  That’s a pretty staggering ratio given the surrounding real estate market and the potential challenges with lenders and loans.  See the current homes for sale in 360 South Bay as well as the most recent home sales.  If you are interested in finding the value of your home in 360, we offer a FREE market analysis to determine the most up to date value in today’s changing real estate market.
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**Please note that we have no official affiliation with Three Sixty at South Bay. Our site is designed to help provide real estate information on this and other communities.

Keith Kyle – Realtor – DRE#01712785