Three Sixty At South Bay

360 Real Estate and Homes for Sale in Three Sixty at South Bay, of of the premier gated communities

From Sizzle to Fizzle – The Big July Slow Down in Three Sixty

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What should be an extremely busy time in 360 South Bay seems, instead, to have come to a grinding halt. As of 7/26 there are 11 homes for sale in Three Sixty which is WAY above the norm for the past few years. We blogged not too long ago about there being 7 homes for sale (which didn’t last long) and that was more than normal. Homes on the market are often now sitting for much longer than they had been just a few weeks ago. While some of this slowdown is likely due to the prices of a few listings, some are agressively priced and still seem to be sitting.

Day on Market

At the moment there are 5 listings with at least 30 days on market which is unusual. I can speak from experience that there are still a good number of buyers looking and interest rates are still very low, so the slow down is unusual. Summer is usually a very busy time for real estate in the South Bay but somehow this summer is different.

Good for Buyers

For home buyers looking in 360 this is a pretty advantageous situation. More listings….sitting on the market…means a more balanced real estate market and the possibilty of negotiating a better price or better terms. It’s been a seller’s market for so long that the change, while likely temporary, is definitely a blessing for home buyers. For the moment the likelihood of dealing with a competitive bidding process with multiple offers isn’t likely.

If you’re looking to buy a home in Three Sixty now may be a great time. Not only are there a number of homes to choose from, but there is a great variety. Of the 11 homes for sale there are 3 single level condos in The Flats, 5 are townhomes in The Townes, The Court and The Row and 3 are single family style Terrace homes.

If you would like to receive FREE email updates the minute that a new Three Sixty listing comes on the market let us know and we’ll take care of the rest!

Current 360 South Bay Homes for Sale


Click any MLS number above for details and photos of the home.

**The listings above may be represented by other realtors. We are providing this information as a service to our clients.

Price Drops in 360 South Bay?

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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 major uptick in available homes for sale, that has depressed demand a bit which has left some homes, especially the ones overpricced to begin with, in an unusual situation.

Of the 8 current homes for sale in Three Sixty South Bay, 3 of them have reduced the original list price.  What makes it even more interesting is that the price reductions haven’t seemed to have much of an impact as the three homes (as of 4/7) are still on the market.  Some of it is due to homes simply coming out priced too high as sellers want to exceed the previous high water mark and some is clearly due to a lessening of demand.  Only time will tell if this is a temporary blip or the start of a trend in 2019

Address Style List Price – Original
List Price		 $/Sqft Bed/Bath Sqare Feet*
5550 Boardwalk #105 Lofts $649,999 –  $695,000 $566 1/1,0,1,0 1149/SEE
5535 Ocean #105 Court – Townhome $799,999 –  $819,000 $606 2/2,0,1,0 1320/A
5429 Strand #103 Row – Townhome $879,000 $513 2/3,0,0,0 1714/B
5565 Ocean #106 Court – Townhome $900,000 $463 3/2,0,1,0 1942/B
5441 Ocean #101 Row – Townhome $1,099,000 $539 3/3,0,0,0 2040/
5565 Palm DR Terrace $1,129,000 $598 3/2,0,1,0 1887/T
5523 Palm DR Terrace $1,279,000 $585 4/2,0,1,0 2187/A
5240Pacific Terrace Terrace $1,349,000 –  $1,399,000 $557 4/3,0,0,0 2423/A

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

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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 in the Lofts, a few townhomes in the Court and several single family Terrace homes.

See the current homes for sale and active MLS listings in 360

Active Homes on the Market in 360

Type   Address Price $/Sqft Br/Ba Sqft Date
CONDO 5550 Boardwalk DR #105 $649,999 $565.71 1/1,0,1,0 1149/SEE 3/29/2019
CONDO/A 5535 Ocean #105 $819,000 $620.45 2/2,0,1,0 1320/A 3/21/2019
TWNHS/A 5565 Ocean #106 $900,000 $463.44 3/2,0,1,0 1942/B 3/16/2019
TWNHS 5441 OCEAN #101 $1,099,000 $538.73 3/3,0,0,0 2040/ 2/7/2019
SFR/D 5565 Palm DR $1,129,000 $598.30 3/2,0,1,0 1887/T 3/14/2019
TWNHS/D 5523 Palm DR $1,279,000 $584.82 4/2,0,1,0 2187/A 3/11/2019
SFR/D 5240 Pacific Terrace $1,349,000 $556.75 4/3,0,0,0 2423/A 2/20/2019

Current Pending Sales and Homes in Escrow

CONDO – The Flats 5450 Strand #202 $780,000 $545.84 2/2,0,0,0 1429/B 3/19/2019

Home Sales and Sold Homes in 2019 (up to 4/3/19) – see the recent 360 Home Sales

Type   Address Sold Price – List Price $ Per Sq Ft Bed/Bath Sq Feet Date Closed
SFR/D 5542 Palm Drive $1,215,000 –  $1,225,000 $555.56 4/2,0,1,0 2187/A 1/10/2019
TWNHS/A 13023 Union AVE #106 $897,000 –  $889,000 $550.31 2/2,0,1,0 1630/B 1/18/2019
TWNHS/A 5565 Ocean #106 $817,000 –  $899,000 $441.62 3/2,0,1,0 1850/A 2/4/2019
TWNHS/A 5537 Strand #101 $1,125,000 $529.91 3/3,0,0,0 2123/B 2/8/2019
TWNHS/A 12913 Mission Ave #105 $874,000 $571.24 2/2,0,1,0 1530/A 2/26/2019
CONDO/A 13022 Central Ave #203 $765,000 –  $769,000 $570.90 2/2,0,0,0 1340/A 3/4/2019
SFR/A 5227 Pacific Terrace $1,145,000 –  $1,149,000 $554.75 3/1,1,1,0 2064/A 3/18/2019
CONDO/A 13029 Central Ave #303 $779,000 $577.04 2/2,0,0,0 1350/A 3/29/2019
SFR/D 5564 Palm Dr $1,090,000 –  $1,099,000 $585.71 3/3,0,0,0 1861/A 3/30/2019

See the Homes in 360 That Have Sold So Far in 2019

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2019 has started off strong in the gated community of 360 South Bay with a number of home sales along with the current homes for sale. Through March 13 there have already been 6 closed escrows.  The highest price so far for the year was 5542 Palm Drive which was a 4 bedroom single family style detached home in the Terraces which closed at $1,215,000 early in January.  The lowest sale so far has been a 2 bedroom in the Court which closed at $765,000 on March 3rd.  See all of the closed sales below.

360 Home Sales in 2019 through March 13th

**The listings below may be represented by other realtors. We are providing this information as a service to our clients.

Click any MLS number above for details and photos of the home.

*Information deemed reliable but not guaranteed.  All information to be verified.

Is the Market Changing? 6 Homes for Sale in 360 South Bay

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By Keith Kyle

It’s too early to tell if it’s just a cooincidence that home inventory in 360 is on the rise, or if the market is changing a bit, but either way it should benefit home buyers in this gated community.  In past years it was the norm to see a slow down in December around the holidays but that hasn’t been the case in the past few years.

6 homes on the market!

As of 12/12 there are now 6 active homes for sale in Three Sixty which hasn’t been the case all year long.  The current homes for sale also range in prices and floorplans with a number of condos in “The Flats”, several townhomes and a detached single family “Terrace” home.

2017 Real Estate Recap for Three Sixty South Bay

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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