Fusion Market Update as of April 13, 2011

Here’s a slideshow of current Fusion real estate activity since the first of the year: Fusion Market Update 041311

Interestingly, there are no closed sales since the first of the year. There are plenty of units available for sale, but nothing has closed escrow. I think this is for a couple of reasons: 1) the current litigation between the HOA and Centex Home Builder and 2) Fusion is now in direct competition with the 360 Complex built by William Lyon Home Builder (just up further north on Aviation). Buyers tend to like “new” construction, and William Lyon offers some incentives for buyers to entice them over.

If you have any questions, or if you would like a complimentary Marketing Consultation to sell your Fusion condo, callĀ us today at 310-265-4222 or email at homes@melindaflynn.com.

Thanks for reading!