Fusion South Bay Archives - Three Sixty At South Bay

Proud Sponsor of the Wiseburn Ed Foundation and Wiseburn Schools

February 17, 2019 by Keith Kyle

We are proud to be a business sponsor and local supporter of the Wiseburn Ed Foundation in 2019. Great schools are the foundation of our community and the award winning schools of Wiseburn are a big reason why so many buyers want to live in the area. We look forward to our partnership with the district. See the current homes for sale in the Wiseburn School District

How Do Three Sixty Home Prices Compare with Fusion?

April 19, 2018 by Keith Kyle

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

Single Level Flats Condos Don’t Last Long on the Market

The real estate market in 360 South Bay has been white hot for over 2 years now. The few times homes seem to stay on the market for long they are either overpriced or they have the unfortunately timing of listing when several others hit the market as well. While the beginning of the […]

Does 360 South Bay have a Mello-Roos?

When home buyers go into escrow in Three Sixty at some point they’ll find out that there is a mello roos in the community. In general it means that there is a yearly addition to the normal property taxes. Here’s a bit of background as to what it is, why and how much. What is […]

Two Listings from 2018 That Shows Just How Crazy Real Estate Can Be

Buyers and sellers rely on realtors to help them determine a homes value and strategies when pricing. While this is a large part of what we do and what we offer….it isn’t always as simple as it sounds. “Market Value” basically fluctuates with each sale….sellers generally think their home is worth more than the last […]

Update on the 360 Condo Market

Although the market is a bit slower at the moment, one element that hasn’t slowed is the condos in the Flats. We haven’t seen many condos on the market in 2019 but the last 2 were only on the market for 8 and 5 days respectively. Prices have been fairly steady ranging between $765,000 – […]

Property Tax Calendar and Escrow

Homeowners, especially new homeowners, often contact us for information on property taxes as it’s a new experience. We hope that the following information may help you when it comes to property tax time. Tax Calendar July 1 – Fiscal year begins. Homeowners notified of new value September – Tax rates set October – Late October […]

Price Drops in 360 South Bay?

It wasn’t long ago that homes in 360 South Bay and “price drops” didn’t seem to go together. In 2018 it seemed that almost every listing sold over list price, at list price or pretty darn quickly. Either way homes didn’t sit on the market long enough to see list price decreases. With the recent […]

Three Sixty South Bay 2019 1st Quarter Update – Active Listings and Sold Homes

We’ve definitely seen a big jump in home inventory and a pretty obvious drop in demand as there are a number of homes now sitting on the market that never would have a year ago. The homes that are currently on the market represent just about every home type in 360 with a 1 bedroom […]

Three Sixty South Bay Real Estate Resources

Whether you’re thinking of buying a home in 360 or want to get the value of your home in the community, you’ve come to the right place. Search Homes for Sale New Listing Email Alerts Sellers – Your Home’s Value Recent Home Sales Three Sixty Amenities Terraces – Single Family Homes Townhomes Flats – Single […]

Why a Home Inspection Is Highly Recommended

Whether you’re buying a fairly new home in 360 South Bay or an older home in the South Bay, a home inspection is an absolute necessity. A home inspection will assess the building code conformity as well as all the systems and structural components that make up the building, such as: Structural elements, foundation, framing […]

Looking to Rent Your Home in 360? We Would Love to Know About It

We are contacted several times a week by people looking to rent in Three Sixty. Unfortunately our answer to them is usually the same….there is nothing on the market. We realize that part of the reason that some of the rentals are not on the MLS is that owners don’t want to pay realtors but […]