Three Sixty At South Bay

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

Corona Virus Certainly Not Seeming to Reduce Demand in 360 South Bay

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We got excited as there was finally a few new listings that came on the market in 360 South Bay in March.  Both homes quickly went into escrow….one after 2 days and one after 4 days.  Not that we’re not excited for those sellers, and home owners in general in 360, but that’s not even making it through the first week before going into escrow is fairly unbelievable….especially given the lower demand (so you would think) due to the concerns and self quarantine situation of the Corona virus.  View the current escrow and recent sales in Three Sixty.

We’re getting word of several homes soon to be on the market and hopefully one of these days buyers might have a fighting chance of getting the home they’ve been waiting for.

When there is a new home on the market in 360 you’ll be able to view it here.

High Inventory in Three Sixty Has Made for A Slow Summer

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What should have been a very busy real estate market in 360 was just about anything but, with some homes that would have sold quickly months earlier sitting for long periods of time.  Although there has been no clear cut reason, much of it certainly has to do with the higher inventory.  This higher inventory seemed to be coupled with an apparent lower motivation by buyers.  What’s interesting in a market like 360 is that it’s somewhat easy to guage the state of things when the same floorplans that have been sitting sold quickly just months earlier.  It seems that this might be changing with a few recent sales of homes that had been on the market for a while, but the high inventory has definitely made buyers take a wait and see approach which was drastically different from the mentality just months earlier when things all seemed to sell in the first week.

Take a look at the current active listings for sale in Three Sixty as well as the current homes in escrow in the gated community.