360 Real Estate and Homes for Sale in Three Sixty at South Bay, of of the premier gated communities
We are happy to announce the sale of our latest listing in Three Sixty South Bay. 5553 Coral Dr #105 was a beautiful 2 bedroom 3 bath townhome in the Townes and closed escrow at $875,000. A huge thank you to our client Laura for putting her trust in us. Congratulations!
See the current homes for sale in 360 South Bay
Although the market is a bit slower at the moment, one element that hasn’t slowed is the condos in the Flats. We haven’t seen many condos 
on the market in 2019 but the last 2 were only on the market for 8 and 5 days respectively. Prices have been fairly steady ranging between $765,000 – $795,000 depending on the floorplan, layout and location. Visit our Three Sixty recent sales page for the latest updated information.
See the current homes on the market in 360 South Bay
**this post is older…for an updated list of recent closed escrows see our recent 360 home sales page.
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 |
One of the reasons that prices have continued to go up in 360 is that the demand for homes in the gated community never seemed to slow.
While demand is still strong there’s no doubt we’re in a bit of a slowdown in the 360 real estate market. One thing that may finally settle the incredible “sellers” market down a bit is an increase in available homes. That seems to be changing and as of 3/15/19 there are 7 homes for sale in 360. That’s far more than we’ve seen in the past few years and we’re aware of at least two other upcoming listings.
One of the challenges for buyers in the past years is that with the demand and number of other buyers, there has been very little ability to negotiate. In a normal “balanced” market things are on a relatively even terms. Homes sit on the market for a while, and buyers have the ability to try and negotiate good terms, whether that’s a good price or whether thats other items like repairs, timeframes, etc.
With the increased home inventory it may be possible to purchase a home below the value of the last few sales. As every home is different and every seller is different, there’s no guarantee of a good negotiation, but the market environment certainly makes that more likely. If you are looking to buy a home in 360 we would love to help. Contact us to tell us about your home search, or sign up for our FREE listing alerts and never miss a new 360 listing again.
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.
**Update this home sold on 3/29/19 for full price at $779,000 but check the current homes for sale in 360 for other possibilities and the active MLS listings.
As of 2/2619 we now have 4 homes for sale in 360 South Bay with another few coming in the near future. The latest listing is a 2 bedroom, one
level condo in the Flats located at 13029 Central Ave # 303. This is a beautiful residence 3 floorplan with approximately 1,350 square feet (builder specs show 1,424)*.
Although it has somewhat of an interior location with views overlooking some of the other Flats buildings, the 3rd floor location puts you well above street level with a bit of a view. The unit was nicely upgraded when purchased originally with hardwood floors, granite counters, and stainless appliances. This condo also features a nice deck, 2 car tandem garage and as with every unit in 360…the home also enjoys central air conditioning. The home is listed with Charles Fisher of Re/Max Estate Properties
Contact us for more information or to set up a private showing.
**See updated information on the current 360 South Bay homes for sale**As of this post (2/23) there are three active homes for sale in 360 South Bay. That’s not all that uncommon but the current listings are all 
quite a bit different. Here’s what we currently have:
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.
*Information deemed reliable but not guaranteed. All information to be verified.