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.