Three Sixty At South Bay

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

From 0 Sales in August to 10 in September 2019

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We’ll have to do a bit of research but September 2019 has to be the highest number of home sales in 360 South Bay since the community wasThree Sixty South Bay El Segundo Blvd entry gate first developed and  all of the new construction homes originally sold.  Three Sixty South Bay saw 10 homes close escrow during the month which is astounding…especially given the fact that there were no sold homes in August.   According to top realtor and 360 specialist Keith Kyle “there were only 24 total home sales in Three Sixty from the beginning of the year until the beginning of September, so to see 10 sales in one month is pretty incredible.”

See a full list of recent 360 home sales with details and photos or view the current homes for sale in this wonderful gated community.

September 2019 360 Home Sales

MLS Style   Address Price $ Per Ft Bed/Bath Sq Ft Year Sold Date
SB19176712 CONDO/A 13022 Central AVE   #403 $690,000 $522 1/1,0,1,0 1323/B 2013/ASR 9/17/2019
SB19140771 CONDO/A 13032 Union AVE   #303 $758,000 $530 2/2,0,0,0 1429/B 2011/ASR 9/6/2019
PV19182503 TWNHS/A 13123 Park PL   #105 $780,000 $605 2/2,0,1,0 1290/A 2012/ASR 9/5/2019
SB19174079 TWNHS/A 5525 Ocean    #104 $800,000 $585 2/2,0,1,0 1367/B 2010/ASR 9/4/2019
SB19182360 CONDO/A 13022 Central AVE   #402 $850,000 $549 2/2,0,0,0 1548/P 2013/PUB 9/25/2019
SB19186122 TWNHS/A 5545 Ocean    #102 $925,000 $468 3/3,0,1,0 1978/A 2010/ASR 9/26/2019
SB19161751 TWNHS/A 5554 Coral DR   #108 $1,030,000 $498 4/4,0,0,0 2070/A 2013/ASR 9/9/2019
19478508 SFR/A 5225 PACIFIC TER   $1,085,000 $583 3/3,0,0,0 1861/A 2015/ASR 9/3/2019
SB19190334 TWNHS/A 5537 Strand    #105 $1,105,000 $520 3/3,0,0,0 2123/B 2012/PUB 9/17/2019
SB19169655 SFR/D 5243 Pacific Terrace    $1,234,999 $565 4/2,0,1,0 2187/A 2013/ASR 9/19/2019

Not a Single Closed Home Sale in 360 For August

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While the market has been slow in the gated community of 360 South Bay, it’s not usually this slow. Although there were a few new listings and a few homes went into escrow, there wasn’t a single closed home sale during the month.  **see our update for September 2019**

There have been 39 closed home sales in 360 over the past 12 months with at least one closed sale in every month. According to top 360 realtor Keith Kyle, “August was definitely a big dropoff in home sales, but September has really turned around and we’ve already seen a number of home sales as well as several homes going into escrow. It definitely appears that the slow summer market is giving way to a solid fall.”

The inventory of homes for sale was up quite a bit since July but there are currently only a few active MLS homes for sale in 360 South Bay.

Home sales by month for the past year

Sub
Type		   Address Sales Price $ Per Foot Bed/Bath Sq Feet Sold Date
TWNHS/A 5321 Ocean    #105 $827,500 $605.34 2/2,0,1,0 1367/O 9/24/2018
CONDO 13125 CENTRAL AVE   #203 $572,000 $642.70 0/1,0,0,0 890/ 10/5/2018
CONDO/A 13022 Central AVE   #301 $795,000 $556.33 2/2,0,0,0 1429/B 10/13/2018
CONDO/A 5440 Strand    #401 $890,000 $582.46 2/2,0,0,0 1528/P 10/19/2018
TWNHS/A 12823 Manhattan CT   #105 $815,000 $524.45 2/2,0,1,0 1554/B 10/25/2018
CONDO/A 12915 Park PL   #303 $775,000 $542.34 2/2,0,0,0 1429/B 11/6/2018
TWNHS/A 12920 Central AVE   #403 $690,000 $521.54 1/1,0,1,0 1323/B 11/20/2018
CONDO 5419 STRAND    #101 $1,116,101 $539.18 3/3,0,0,0 2070/A 11/27/2018
CONDO/A 5550 Boardwalk    #102 $690,000 $607.93 1/1,0,1,0 1135/P 11/30/2018
TWNHS/A 5552 Coral DR   #108 $1,051,000 $507.24 4/4,0,0,0 2072/B 12/18/2018
SFR/D 5542 Palm Drive    $1,215,000 $555.56 4/2,0,1,0 2187/A 1/10/2019
TWNHS/A 13023 Union AVE   #106 $897,000 $550.31 2/2,0,1,0 1630/B 1/18/2019
TWNHS/A 5565 Ocean    #106 $817,000 $441.62 3/2,0,1,0 1850/A 2/4/2019
TWNHS/A 5537 Strand    #101 $1,125,000 $529.91 3/3,0,0,0 2123/B 2/8/2019
TWNHS/A 12913 Mission AVE   #105 $874,000 $571.24 2/2,0,1,0 1530/A 2/26/2019
CONDO/A 13022 Central AVE   #203 $765,000 $570.90 2/2,0,0,0 1340/A 3/4/2019
SFR/A 5227 Pacific Terrace    $1,145,000 $554.75 3/1,1,1,0 2064/A 3/18/2019
CONDO/A 13029 Central AVE   #303 $779,000 $577.04 2/2,0,0,0 1350/A 3/29/2019
SFR/D 5564 Palm DR   $1,090,000 $585.71 3/3,0,0,0 1861/A 3/30/2019
CONDO/A 5450 Strand    #202 $790,000 $552.83 2/2,0,0,0 1429/B 4/16/2019
TWNHS/A 5429 Strand    #103 $880,000 $513.42 2/3,0,0,0 1714/B 4/26/2019
SFR/D 5565 Palm DR   $1,135,000 $601.48 3/2,0,1,0 1887/T 5/3/2019
TWNHS/D 5523 Palm DR   $1,225,000 $560.13 4/2,0,1,0 2187/A 5/16/2019
SFR/D 5540 Palm DR   $1,360,000 $561.29 4/2,0,1,0 2423/P 5/17/2019
SFR/D 5240 Pacific Terrace    $1,340,000 $553.03 4/3,0,0,0 2423/A 5/21/2019
CONDO/A 5450 Strand    #402 $865,000 $572.47 2/2,0,0,0 1511/B 5/22/2019
TWNHS 5441 OCEAN    #101 $1,075,000 $526.96 3/3,0,0,0 2040/ 6/11/2019
CONDO 5550 Boardwalk DR   #105 $635,000 $552.65 1/1,0,1,0 1149/SEE 6/25/2019
SFR/A 5557 Palm DR   $1,185,000 $574.13 3/2,0,1,0 2064/A 7/2/2019
TWNHS/A 5560 Boardwalk    #105 $900,000 $552.49 3/2,0,1,0 1629/B 7/9/2019
TWNHS/A 5535 Ocean    #105 $783,000 $593.18 2/2,0,1,0 1320/A 7/16/2019
CONDO/A 5550 Strand    #107 $910,000 $545.56 3/3,0,0,0 1668/B 7/16/2019
CONDO/A 13024 Union AVE   #403 $690,000 $594.83 1/1,0,1,0 1160/A 7/24/2019
SFR/D 5254 Pacific Terrace    $1,125,000 $604.51 3/2,0,1,0 1861/P 7/24/2019
SFR/A 5225 PACIFIC TER   $1,085,000 $583.02 3/3,0,0,0 1861/A 9/3/2019
TWNHS/A 5525 Ocean    #104 $800,000 $585.22 2/2,0,1,0 1367/B 9/4/2019
TWNHS/A 13123 Park PL   #105 $780,000 $604.65 2/2,0,1,0 1290/A 9/5/2019
CONDO/A 13032 Union AVE   #303 $758,000 $530.44 2/2,0,0,0 1429/B 9/6/2019
TWNHS/A 5554 Coral DR   #108 $1,030,000 $497.58 4/4,0,0,0 2070/A 9/9/2019

Congratulations to the New Happy Homeowners in 360

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Just Sold!  – Top Floor Penthouse Condo at 13024 Union #403 in Three Sixty

We are so happy for our client on her purchase of the home in the Flats at 13024 Union #403. We represented the buyer in this transaction and we’re so excited and honored to have helped.

Congratulations and welcome to Three Sixty

From Sizzle to Fizzle – The Big July Slow Down in Three Sixty

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What should be an extremely busy time in 360 South Bay seems, instead, to have come to a grinding halt. As of 7/26 there are 11 homes for sale in Three Sixty which is WAY above the norm for the past few years. We blogged not too long ago about there being 7 homes for sale (which didn’t last long) and that was more than normal. Homes on the market are often now sitting for much longer than they had been just a few weeks ago. While some of this slowdown is likely due to the prices of a few listings, some are agressively priced and still seem to be sitting.

Day on Market

At the moment there are 5 listings with at least 30 days on market which is unusual. I can speak from experience that there are still a good number of buyers looking and interest rates are still very low, so the slow down is unusual. Summer is usually a very busy time for real estate in the South Bay but somehow this summer is different.

Good for Buyers

For home buyers looking in 360 this is a pretty advantageous situation. More listings….sitting on the market…means a more balanced real estate market and the possibilty of negotiating a better price or better terms. It’s been a seller’s market for so long that the change, while likely temporary, is definitely a blessing for home buyers. For the moment the likelihood of dealing with a competitive bidding process with multiple offers isn’t likely.

If you’re looking to buy a home in Three Sixty now may be a great time. Not only are there a number of homes to choose from, but there is a great variety. Of the 11 homes for sale there are 3 single level condos in The Flats, 5 are townhomes in The Townes, The Court and The Row and 3 are single family style Terrace homes.

If you would like to receive FREE email updates the minute that a new Three Sixty listing comes on the market let us know and we’ll take care of the rest!

Current 360 South Bay Homes for Sale


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.

Two Listings from 2018 That Shows Just How Crazy Real Estate Can Be

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Buyers and sellers rely on realtors to help them determine a homes value and strategies when pricing.  While this is a large part of what we do and what we offer….it isn’t always as simple as it sounds.   “Market Value” basically fluctuates with each sale….sellers generally think their home is worth more than the last sale and buyers generally think the opposite.

Every once in a while certain listings come along that really wreak havoc on what values are and how they are perceived by buyer and sellers.  It’s challenging to explain to a seller that their home isn’t the same as the last sale of the same floorplan….maybe it’s location, maybe it’s upgrades and sometimes it’s just the lucky situation of a buyer simply wanting it and throwing “market value” right out the window.  While things like upgrades, location and condition definitely make a difference…..sometimes things just don’t make sense.

The listings below are the perfect example of why sale prices don’t always reflect what the market value of a home is.  In the summer of 2018 two Townes residence 3x homes sold within 2 months of each other.   Although these homes are fairly rare to market the median price at the time would have been a little over $1,000,000.  One of them was most definitely nicer than the other….it had been a model home, was slightly larger, was more upgraded and was a corner unit.  The other was a very challenging sale involving a bankruptcy and the uncertainty that goes along with that.  It was pretty basic and was definitely not a model home.  Having said that they were the same layout at the same time on the market.

One sold way over value at $1,206,000 and the other sold under value at $899,000.  That’s one heck of a difference.  It goes to show you why you can’t necessarily base value, whether you’re buying a home or selling a home, just on the last sale in the community.

Update on the 360 Condo Market

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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

Recent Sales in the One Level Condos in The Flats

**this post is older…for an updated list of recent closed escrows see our recent 360 home sales page.