The real estate market in the gated community of Three Sixty seems to be picking up a bit of steam after a surprisingly slow summer, as two properties that have been available for quite a while have now both gone into escrow. This may be a good indicator for home sellers as this may impact the sale of the remaining homes as well. According to top 360 realtor Keith Kyle, “Three Sixty is a fickle market with buyers often waiting to see what other buyers will do. Occasionally homes sit on the market and once one or two of them sell, it seems to motivate other buyers to pull the trigger as they think that they might miss out”
The townhome at 5565 Ocean #106 had been on the market for over 130 days before going into escrow. The other townhome was at 5553 Coral #105 and despite quite a bit of interest and a number of offers, it also was on the market much longer than anticipated. This home also went into escrow within a week of the home on Ocean. As that was our listing we are a little biased but it was a great home in a very nice location and should have sold long ago.
View the current homes and condos for sale in 360 South Bay or take a look a the recent pending sales and escrows.
