Three Sixty At South Bay

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

Residence 1 Terrace Home Hits the Market at $1,099,000

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The residence 1 floorplan in 360 is the smallest of the detached single family style Terrace homes in 360 and are somewhat rare. This newest listing at 5534 Palm* just hit the market at $1,099,000.  Three Sixty is one of the South Bay’s premier gated communities and is served by the Wiseburn School District in Hollyglen.  Take a look below for photos and information and feel free to contact us if you have any questions or might want to take a look.

**The listings above may be represented by other realtors. We are providing this information as a service to our clients.  Keith Kyle is a top producing realtor with Vista Sotheby’s International Realty and a Three Sixty South Bay real estate specialist.

2019 Market Recap – Home Sales in Three Sixty South Bay

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2019 was a big year for home sales and prices in 360 South Bay.  There were 43 homes that sold during the year with a median list price of $899,000 and a median sold price of $897,000 indicating a pretty solid seller’s market.  The market did seem to slow a bit in the second half of the year with homes sitting on the market for longer than in the first 6 months.   The average days on market from January – June was 27 and the average days on market from July – December was 30.   While this doesn’t sound like much a few homes stayed on the market for several months prior to selling.

View other years home sales and home prices in Three Sixty South Bay

12 of the homes were single family style Terrace homes with a median list price of $1,195,000 and a median sold price of $1,185,000.    19 of the properties were townhomes that were listed at a median price of $899,000 and a median sale price of $897,000.  The remaining 12 units were single level condos in The Flats.  These homes had a median list price of $779,500 with a median sale price of $784,000.

See the homes currently for sale in Three Sixty at South Bay

2019 Home Sales in 360 South Bay

Type   Address Price $ Per Foot Bed/Bath Sq Feet Sold Date
SFR/D 5542 Palm Drive    $1,215,000 $556 4/2,0,1,0 2187/A 1/10/2019
TWNHS/A 13023 Union AVE   #106 $897,000 $550 2/2,0,1,0 1630/B 1/18/2019
TWNHS/A 5565 Ocean    #106 $817,000 $442 3/2,0,1,0 1850/A 2/4/2019
TWNHS/A 5537 Strand    #101 $1,125,000 $530 3/3,0,0,0 2123/B 2/8/2019
TWNHS/A 12913 Mission AVE   #105 $874,000 $571 2/2,0,1,0 1530/A 2/26/2019
CONDO/A 13022 Central AVE   #203 $765,000 $571 2/2,0,0,0 1340/A 3/4/2019
SFR/A 5227 Pacific Terrace    $1,145,000 $555 3/1,1,1,0 2064/A 3/18/2019
CONDO/A 13029 Central AVE   #303 $779,000 $577 2/2,0,0,0 1350/A 3/29/2019
SFR/D 5564 Palm DR   $1,090,000 $586 3/3,0,0,0 1861/A 3/30/2019
CONDO/A 5450 Strand    #202 $790,000 $553 2/2,0,0,0 1429/B 4/16/2019
TWNHS/A 5429 Strand    #103 $880,000 $513 2/3,0,0,0 1714/B 4/26/2019
SFR/D 5565 Palm DR   $1,135,000 $601 3/2,0,1,0 1887/T 5/3/2019
TWNHS/D 5523 Palm DR   $1,225,000 $560 4/2,0,1,0 2187/A 5/16/2019
SFR/D 5540 Palm DR   $1,360,000 $561 4/2,0,1,0 2423/P 5/17/2019
SFR/D 5240 Pacific Terrace    $1,340,000 $553 4/3,0,0,0 2423/A 5/21/2019
CONDO/A 5450 Strand    #402 $865,000 $572 2/2,0,0,0 1511/B 5/22/2019
TWNHS 5441 OCEAN    #101 $1,075,000 $527 3/3,0,0,0 2040/ 6/11/2019
CONDO 5550 Boardwalk DR   #105 $635,000 $553 1/1,0,1,0 1149/SEE 6/25/2019
SFR/A 5557 Palm DR   $1,185,000 $574 3/2,0,1,0 2064/A 7/2/2019
TWNHS/A 5560 Boardwalk    #105 $900,000 $552 3/2,0,1,0 1629/B 7/9/2019
TWNHS/A 5535 Ocean    #105 $783,000 $593 2/2,0,1,0 1320/A 7/16/2019
CONDO/A 5550 Strand    #107 $910,000 $546 3/3,0,0,0 1668/B 7/16/2019
CONDO/A 13024 Union AVE   #403 $690,000 $595 1/1,0,1,0 1160/A 7/24/2019
SFR/D 5254 Pacific Terrace    $1,125,000 $605 3/2,0,1,0 1861/P 7/24/2019
SFR/A 5225 Pacific Terrace $1,085,000 $583 3/3,0,0,0 1861/A 9/3/2019
TWNHS/A 5525 Ocean    #104 $800,000 $585 2/2,0,1,0 1367/B 9/4/2019
TWNHS/A 13123 Park PL   #105 $780,000 $605 2/2,0,1,0 1290/A 9/5/2019
CONDO/A 13032 Union AVE   #303 $758,000 $530 2/2,0,0,0 1429/B 9/6/2019
TWNHS/A 5554 Coral DR   #108 $1,030,000 $498 4/4,0,0,0 2070/A 9/9/2019
CONDO/A 13022 Central AVE   #403 $690,000 $522 1/1,0,1,0 1323/B 9/17/2019
TWNHS/A 5537 Strand    #105 $1,105,000 $520 3/3,0,0,0 2123/B 9/17/2019
SFR/D 5243 Pacific Terrace    $1,234,999 $565 4/2,0,1,0 2187/A 9/19/2019
CONDO/A 13022 Central AVE   #402 $850,000 $549 2/2,0,0,0 1548/P 9/25/2019
TWNHS/A 5545 Ocean    #102 $925,000 $468 3/3,0,1,0 1978/A 9/26/2019
CONDO/A 5565 Ocean    #106 $870,000 $448 3/3,0,0,0 1942/B 10/4/2019
TWNHS/A 5553 Coral DR   #105 $875,000 $537 2/3,0,0,0 1630/B 10/10/2019
CONDO 13021 CENTRAL AVE   #202 $789,000 $477 2/2,0,0,0 1654/B 10/18/2019
CONDO/A 12915 Park Place AVE   #302 $810,000 $523 2/2,0,0,0 1550/P 10/25/2019
TWNHS/A 5550 Strand    #104 $995,000 $516 4/4,0,0,0 1930/A 11/1/2019
CONDO/A 5241 Pacific TER   $1,288,888 $532 4/2,0,1,0 2423/A 11/1/2019
CONDO/A 13022 Central AVE   #304 $789,000 $503 2/2,0,0,0 1570/A 11/25/2019
TWNHS/A 5360 Pacific Terrace    #102 $1,225,000 $449 3/3,0,1,0 2730/A 12/4/2019
TWNHS/A 5525 Ocean    #106 $880,000 $454 3/2,0,1,0 1940/B 12/10/2019

Keith Kyle is a top producing realtor with Vista Sotheby’s International and specializes in fine Three Sixty South Bay properties.

The agent providing the information contained herein may not have been a buyer’s and/or seller’s agent. This report is based on data pulled from CRMLS on 12/27/21

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.

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

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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 year showed signs of a slow down that was short lived and just about everything on the market went into escrow.

While some townhomes and single family style Terrace homes have lingered without quickly selling, that’s certainly not the case with the single level Flats condos.  Of the four that have sold this year only one was on the market double digits….and even that home sold for almost full price! Of the 4 Flats sales one was on the market 7 days, 5 days, 8 days and 55 days before selling.

As of this writing on 5/14 there are no active condos for sale in the Flats but check the current Three Sixty homes for sale to see the latest update on what’s for sale in this gated community.

2019 Condo Sales in Three Sixty

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