2018 Year in Review – 360 South Bay Real Estate Recap

What a year it was in 360 South Bay.  Prices continued to skyrocket, demand never seemed to ease, and the real estate market in this gated community just keeps getting stronger.  Overall there were 45 on market home sales with an average sales price of just under $913,000 while the average list price was $900,000….meaning the norm in the community was for homes to sell over their list price….which was pretty astounding.

View the current homes for sale in 360.

The lowest price sale of the year was $572,000 for an 890 foot studio in The Flats.  The high price of the year was $1,300,000 for a 4 bedroom single family style home in the Terraces.  The median price per foot was $548.

2018 Home Sales in 360 South Bay

Prop
Type
  Address Close Price – List
Price
Price per Footoot
Bed/Baths
Sq Feet
Close Date
CONDO 13125 Central Ave #203 $572,000 –  $585,000
$642.70
0/1,0,0,0
890/
10/5/2018
SFR/A 5550 Boardwalk #102 $690,000 –  $695,000
$607.93
1/1,0,1,0
1135/P
11/30/2018
TWNHS/A 12920 Central AVE #403 $690,000 –  $695,000
$521.54
1/1,0,1,0
1323/B
11/20/2018
CONDO/A 13021 Central AVE #403 $698,000
$527.59
1/1,0,1,0
1323/B
4/10/2018
CONDO/A 12915 Park PL #303 $775,000 –  $790,000
$542.34
2/2,0,0,0
1429/B
11/6/2018
CONDO/A 13029 Central AVE #301 $780,000 –  $785,000
$545.84
2/2,0,0,0
1429/B
7/17/2018
CONDO/A 13028 Central AVE #201 $785,000 –  $779,000
$549.34
2/2,0,0,0
1429/B
7/23/2018
CONDO/A 12822 Manhattan Court #104 $785,000
$574.25
2/2,0,1,0
1367/B
3/28/2018
CONDO/A 13022 Central AVE #301 $795,000
$556.33
2/2,0,0,0
1429/B
10/13/2018
CONDO/A 13029 Central AVE #201 $795,000
$556.33
2/2,0,0,0
1429/B
6/19/2018
CONDO/A 5331 Ocean #104 $810,000 –  $780,000
$592.54
2/2,0,1,0
1367/P
4/12/2018
CONDO/A 12922 Union AVE #402 $810,000 –  $799,000
$511.36
2/2,0,0,0
1584/B
8/17/2018
TWNHS/A 12823 Manhattan CT #105 $815,000 –  $805,000
$524.45
2/2,0,1,0
1554/B
10/25/2018
CONDO/A 5547 Strand #104 $820,000 –  $815,000
$527.67
2/2,0,1,0
1554/B
9/13/2018
TWNHS/A 5449 Strand #102 $825,000 –  $815,000
$530.89
2/2,0,1,0
1554/B
8/10/2018
TWNHS/A 12822 Manhattan CT #105 $825,000
$603.51
2/2,0,1,0
1367/B
7/20/2018
TWNHS/A 5321 Ocean #105 $827,500 –  $809,000
$605.34
2/2,0,1,0
1367/O
9/24/2018
CONDO/A 12917 Central AVE #402 $830,000 –  $795,000
$536.18
2/2,0,0,0
1548/B
2/7/2018
TWNHS/A 5355 Strand #103 $845,000 –  $780,000
$502.98
2/2,0,1,0
1680/A
3/1/2018
CONDO/A 5325 Pacific #103 $860,000 –  $865,000
$500.00
2/3,0,0,0
1720/AP
6/26/2018
TWNHS/A 5547 Strand #105 $868,686 –  $839,000
$506.82
2/2,0,1,0
1714/B
7/6/2018
TWNHS/A 5331 Ocean #106 $870,000 –  $849,000
$447.99
3/2,0,1,0
1942/B
4/16/2018
TWNHS/A 5560 Boardwalk #102 $871,000 –  $829,000
$539.65
3/3,0,0,0
1614/B
4/20/2018
CONDO/A 13127 Union AVE #104 $880,000 –  $845,000
$539.88
2/1,1,1,0
1630/P
9/13/2018
TWNHS/A 5527 Strand #103 $880,001 –  $859,995
$500.57
2/2,0,1,0
1758/B
8/22/2018
CONDO/A 12921 Union AVE #104 $885,000 –  $870,000
$593.96
3/3,0,0,0
1490/A
5/9/2018
CONDO/A 13024 Union AVE #404 $885,000
$571.71
2/2,0,0,0
1548/P
9/7/2018
CONDO/A 5440 Strand #401 $890,000 –  $839,000
$582.46
2/2,0,0,0
1528/P
10/19/2018
TWNHS/A 13127 Union AVE #106 $890,000 –  $869,000
$553.48
3/2,0,1,0
1608/B
7/9/2018
TWNHS/A 5593 Palm DR #107 $893,000 –  $859,000
$535.37
3/3,0,0,0
1668/B
5/18/2018
TWNHS 5565 OCEAN #103 $899,000
$483.33
3/3,0,1,0
1860/
5/2/2018
TWNHS/A 13127 Union AVE #105 $899,000 –  $909,000
$454.50
4/4,0,0,0
1978/O
5/22/2018
CONDO/A 13228 Central AVE #101 $925,000 –  $895,000
$501.90
3/2,0,1,0
1843/B
7/13/2018
TWNHS/A 5552 Coral DR #108 $1,051,000 –  $1,029,000
$507.24
4/4,0,0,0
2072/B
12/18/2018
TWNHS/D 5517 Palm DR $1,075,000 –  $1,049,000
$627.92
3/3,0,1,0
1712/A
7/19/2018
CONDO 5419 STRAND #101 $1,116,101 –  $1,149,900
$539.18
3/3,0,0,0
2070/A
11/27/2018
CONDO/D 5224 Pacific Terrace $1,134,000 –  $1,129,000
$609.35
3/2,0,1,0
1861/P
2/15/2018
TWNHS/D 5125 Pacific Terrace $1,145,000 –  $1,139,000
$615.26
3/2,0,1,0
1861/P
8/1/2018
SFR/D 5234 Pacific Terrace $1,145,000 –  $1,140,000
$615.26
3/2,0,1,0
1861/A
5/2/2018
SFR/A 5246 Pacific Terrace $1,160,000 –  $1,179,000
$562.02
4/2,0,1,0
2064/A
2/21/2018
SFR/D 5556 Palm DR $1,170,000 –  $1,195,000
$566.86
3/2,0,1,0
2064/A
7/17/2018
SFR/D 5233 Pacific Terrace $1,199,000
$548.24
4/2,0,1,0
2187/A
4/10/2018
SFR/D 5577 Palm DR $1,200,000 –  $1,225,000
$597.91
4/1,1,1,0
2007/A
5/30/2018
TWNHS/A 12921 Union AVE #101 $1,206,000 –  $1,234,500
$572.65
4/4,0,0,0
2106/B
7/31/2018
SFR/D 5222 Pacific Terrace $1,300,000 –  $1,100,000
$594.42
4/2,0,1,0
2187/
8/31/2018

A Rise In 360 Home Inventory or Just a Temporary Wave of New Listings?

Housing inventory throughout the South Bay has been down and 360 South Bay has been no exception.  Low inventory has made for a very competitive buying environment and kept prices on the rise.  Rarely has there been more than a few homes for sale in Three Sixty in the past 18 months with most homes selling quickly.  As of 6/5 we’ve seen a big uptick in listings with 7 homes, townhomes and condos for sale in this gated community.  Click below to see the current homes for sale or contact us for more information.

**Please note that we have no official affiliation with Three Sixty at South Bay. Our site is designed to help provide real estate information on this and other communities.

Keith Kyle – Realtor – DRE#01712785