There’s low inventory….and then there’s historically low housing inventory. The demand for homes in the South Bay, and especially in the
gated community of 360 certainly hasn’t diminished but the inventory definitely has. Three Sixty currently has no active and available homes for sale, nearby Redondo Beach has 18 active homes compared with 58 last December, there are 6 homes for sale in El Segundo compared with 11 last December, and 36 active MLS listings in Torrance compared with 67 last December.
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buyers eager to find a home in 360, the news isn’t so good. As of 12/18/21 there are no homes active for sale in the gated community. There had been a few that hit the market that were priced at record numbers which we thought might sit for a bit, but that hasn’t proven to be the case. In addition there are no current active listings. We’ve been talking with several sellers so hopefully we’ll have some new listings to tell you about in the near future. It seems that no price is too high at the moment.
new listing, along with a coming soon home in the Terraces, are both priced to well exceed the previous price records for these layouts but with the unceasing demand they just might get close.