We’ve been posting a lot lately with new listings priced at numbers that would have seemed laughable not long ago. The newest and only
active listing in Fusion is definitely another sign that the market is officially crazy.
5507 149th Pl # 8 in Fusion South Bay is one of the smallest floorplans offered in Fusion and is a B condo with 2 bedrooms and 2 baths and approximately 1,030 square feet. It’s arguably the nicest remodel we’ve ever seen in the community and it looks brand new and doesn’t look like any of the original offerings. Having said that this is dramatically higher list price than anything we’re aware of. The previous highest sale for an A or B floorplan was $740,000 back in Februrary. As A and B units generally sell at similar prices, is it possible that this newest listing could sell for almost $75,000 more than the last one? The market is certainly crazy, there are no other active listings and the remodel is beautiful so this will be a good one to keep tabs on to see if the market is really this frenzied.
5507 W 149th Place Unit#8, Hawthorne, CA 90250
Listing courtesy of Rami Eliminoufi – Beach City Brokers