2023 Three Sixty Real Estate Market Year in Review
2023 was a very slow year for home sales in Three Sixty. The year started off with very little inventory and high demand. Few listings meant few sales. The market stayed slow until towards the end of the year where there were a few listings, but seemingly little demand. Even with the higher interest rates this was still a surprise as homes tended to sit on the market for longer, and sold for quite a bit less than during the peak summer months. The average price of the homes that sold was $1,094,846 and homes averaged 48 days on market before selling.
According to top Three Sixty realtor Keith Kyle with Vista Sotheby’s, 2023 marked the fewest number of homes that sold since the community was started. The previous low was 16 homes in 2013 when construction of the homes was just beginning.
Take a look at all of the homes that sold in the gated community of Three Sixty during the year.
2023 Home Sales in Three Sixty
| Home Type | Address | Sold Price | $ Per Sq Foot | Bed/Bath | Sq Feet | Days on Mrkt | Sold Date |
| CONDO/A | 13032 Union AVE #401 | $840,000 | $677 | 1/1,0,1,0 | 1240/A | 100 | 11/17/2023 |
| TWNHS/A | 12824 City DR #105 | $960,000 | $658 | 2/2,0,1,0 | 1460/A | 70 | 11/7/2023 |
| CONDO | 12920 Central AVE #301 | $870,000 | $644 | 2/2,0,0,0 | 1350/ | 38 | 9/15/2023 |
| TWNHS/A | 12913 Mission AVE #105 | $1,088,000 | $689 | 2/2,0,1,0 | 1579/B | 6 | 9/14/2023 |
| CONDO/A | 12920 Central AVE #404 | $1,025,000 | $651 | 2/2,0,0,0 | 1574/AP | 63 | 7/25/2023 |
| TWNHS/A | 5441 Ocean #101 | $1,300,000 | $637 | 3/3,0,0,0 | 2040/A | 73 | 7/21/2023 |
| CONDO/A | 12922 Union AVE #302 | $975,000 | $621 | 2/2,0,0,0 | 1570/A | 91 | 6/21/2023 |
| TWNHS/A | 53331 Ocean #106 | $1,275,000 | $657 | 3/2,0,1,0 | 1940/B | 30 | 6/21/2023 |
| TWNHS/D | 5237 Pacific Terrace | $1,560,000 | $756 | 4/2,0,1,0 | 2064/P | 20 | 4/14/2023 |
| CONDO/A | 12823 Manhattan CT #104 | $960,000 | $658 | 2/2,0,1,0 | 1460/A | 20 | 3/7/2023 |
| TWNHS/A | 12921 Union AVE #107 | $1,400,000 | $665 | 4/4,0,0,0 | 2106/B | 27 | 2/17/2023 |
| TWNHS/A | 5451 Ocean #105 | $950,000 | $651 | 2/2,0,1,0 | 1460/A | 83 | 2/6/2023 |
sales price of $842,786. Homes averaged only 11 days on market before going into escrow.
market has gotten as this is priced considerably higher than even the last sale of a Court plan 2….and that was record setting. The last one that was on the market at 5440 Pacific Terrace was priced at $1,o25,000 and wasn’t as nice….but was in a better location. The home at 5351 Ocean is priced at a pretty stunning $1,150,000. The home has been beautifully updated and upgraded, however, and really has a different look and feel than the original builds. The plan 2 is a popular layout as it has 3 bedrooms each with it’s own bath….and one of them is on the ground floor. The second floor offers all of the living spaces and as there are no bedrooms on this level the room is expansive.