November 2017 Median Home Prices in Torrance, CA

November 2017 was a solid month for home sales in Torrance, CA.  There were 117 homes, townhomes, condos and multi unit properties sold  in the month at a median home price of $700,000 which was a 6.6% increase from the same month a year earlier.  The number of sales was down slighty from October which saw 127 homes sell.

The lowest price of the month was $265,000 for a one bedroom condo with the highest priced sale of the month being $1,550,000 for a 4 bedroom single family home in South Torrance.

To see the sold homes in Torrance CA visit our recent home sales page.

City Homes
Sold
November
2017  Median
November
2016  Median
Year over Year % Change%
Carson 49 $476,000 $450,000 5.9%
El Segundo 12 $1,243,000 $816,000 52.3%
Gardena 52 $533,000 $504,000 5.7%
Harbor City 10 $555,000 $523,000 6.1%
Hawthorne 30 $577,000 $575,000 .3%
Hermosa Beach 20 $1,550,000 $1,380,000 12.3%
Lawndale 18 $515,000 $393,000 31.2%
Lomita 11 $599,000 $473,000 26.8%
Long Beach 318 $510,000 $490,000 4%
Manhattan Beach 35 $2,300,000 $1,863,000 23.5%
Marina Del Rey 33 $925,000 $955,000 -3.1%
Palos Verdes Estates 27 $1,510,000 $1,550,000 -2.6%
Playa Del Rey 21 $710,000 $658,000 7.9%
Rancho Palos Verdes 31 $1,108,000 $1,088,000 1.8%
Redondo Beach 79 $955,000 $900,000 6.1%
San Pedro 55 $550,000 $515,000 6.8%
Torrance 117 $700,000 $656,000 6.6%
Westchester 35 $1,015,000 $943,000 7.6%

Torrance Home Sales and Median Home Prices for September

September was another busy month in South Bay Real estate with a strong number of home sales along with some impressve prices.  Torrance recorded 126 property sales with a median home price of just under $730,000.  The lowest sale of the month was a sharp 1 bedroom condo on Sepulveda for $269,900 with the high sale of the month being a beautiful 4600 foot single family home in the Seaside Ranchos/Christmas Lights area which sold at $2,400,000.  To see all of the homes sold in the South Bay in September visit our recent home sales page.

City Homes Sold September 2017 Median September 2016 Median Year over Year % Change%
Carson 55 $511,000 $462,000 10.5%
El Segundo 9 $1,130,000 $840,000 34.5%
Gardena 48 $475,000 $444,000 7.1%
Harbor City 22 $553,000 $465,000 19%
Hawthorne 46 $595,000 $558,000 6.6%
HermosaBeach 12 $2,150,000 $1,449,000 48.4%
Lawndale 15 $490,000 $479,000 2.3%
Lomita 12 $576,000 $593,000 -2.9%
Long Beach 326 $520,000 $478,000 8.8%
Manhattan Beach 38 $1,877,000 $2,200,000 -14.7%
Marina Del Rey 24 $933,000 $900,000 3.7%
Palos Verdes Estates 43 $1,600,000 $1,4023,000 14.1%
Playa Del Rey 17 $753,000 $538,000 39.9%
Rancho Palos Verdes 52 $1,250,000 $1,035,000 20.8%
Redondo Beach 86 $1,021,000 $1,035,000 20.8%
San Pedro 71 $558,000 $534,000 4.7%
Torrance 126 $728,000 $648,000 12.4%
Westchester 25 $1,140,000 $890,000 15.2%

Torrance CA Real Estate Map

Torrance, California is a big city and it’s neighborhoods and areas vary considerably in the types of homes, feel of the neighborhood, and home prices.  As realtors, we search for homes by neighborhood so that we can best assist our clients to find the right type of homes in the right areas.  Below is a map used by realtors and used in MLS home searches.  The numbers coincide with the areas that we use to search and each has it’s differences and similarities.  The three areas that often cause confusion are area 128 the Hollywood Riviera and areas 122 and 123, Harbor Gateway and County Strip.  Much of the Hollywood Riviera actually has Redondo Beach, 90277, zip codes but the area is actually part of Torrance and services and schools are Torrance.  The County Strip and Harbor Gateway areas actually have Torrance zip codes but are serviced by the city of Los Angeles.  It’s distance from the beach, proximity to commercial and industrial, and the schools being LA Unified makes the homes significantly less expensive then the city of Torrance areas.

TorranceCA-Real-Estate-Map

To see the homes for sale in any and all of these areas visit our Torrance home search by area pages.

Torrance Real Estate Explained – Hillside Overlay

By Keith Kyle

Home with "flags" marking outline of proposed addition

Home with “flags” marking outline of proposed addition

A few of the many benefits of living near the beach are the wonderful ocean views and ocean breezes that make life here so unique.  These ocean views have immeasurable value from both a quality of life aspect as well as a significant monetary impact.  In many of the South Bay cities these views are unprotected and it’s not rare for a home’s stunning ocean views to disappear when the one story home next door gets torn down and new and much larger home replaces it.

Certain areas of Torrance are the exception. Primarily found in the Hollywood Riviera and Seaside Ranchos neighborhoods the city has incorporated much stricter building guidelines known as the “Hillside Overlay” area.  (see map below)

In 1977, the Hillside Overlay Area was established in Torrance, CA in order to address issues concerning building, remodeling, and protecting views and privacy.  All new construction (meaning both new homes and expansions on current structures) are subject to review and input by neighbors including “flagging”  where a mock up of the future structure are marked with plastic flags  to approximate the outlines of any proposed addition to the structure prior to permit approval so that neighborhood input may be obtained.

Torrance Municipal Code Excerpt (Hillside Overlay)

The basics of the hillside overlay are as follows:  Upon receipt of the complete application, the Community Development Director shall set a date, time and place for a public hearing thereon as soon as practicable and shall send notice thereof to the owners of land included within a three hundred (300) foot radius of the exterior boundaries of the land for which the permit is sought

No construction and no remodeling or enlargement of a building or structure shall be permitted unless the Planning Commission (or the City Council on appeal) shall find that the location and size of the building or structure, or the location and size of the remodeled or enlarged portions of the building or structure, have been planned and designed in such a manner as to comply with the following provisions:
a) The proposed development will not have an adverse impact upon the view, light, air and privacy of other properties in the vicinity;
b) The development has been located, planned and designed so as to cause the least intrusion on the views, light, air and privacy of other properties in the vicinity;
c) The design provides an orderly and attractive development in harmony with other properties in the vicinity;
d) The design will not have a harmful impact upon the land values and investment of other properties in the vicinity;
e) Granting such application would not be materially detrimental to the public welfare and to other properties in the vicinity;
f) The proposed development will not cause or result in an adverse cumulative impact on other properties in the vicinity.

Torrance Hillside Overlay

 

Welcome to Torrance Real Estate

By Keith KyleTorrance real estate

Welcome to Torrance real estate.  We have strived to offer the very best information and home search features on a local website designed specifically for Torrance home buyers and sellers.  As local Torrance and Redondo Beach real estate specialists we understand how unique Torrance is and how different and distinct the various areas can be.  From oceanfront homes in the Hollywood Riviera, to duplex and income properties in the County Strip area…..we can help.  Search for homes with our free Torrance MLS access or allow us to do the hard work for you with our FREE daily listing updates and know about new homes first.  Our website offers information on real estate markets and trends in each neighborhood, recent home sales and prices, current off market homes and MLS listings, short sales and foreclosures and information for home sellers to find out what their Torrance home is worth and how we have been so successful at marketing and selling homes in the area.  We hope that our website is a great place to start for all of your Torrance real estate needs.  Contact us as any time for questions or more information.

Torrance Real Estate Map

See the most recent listings below but browse through the menus above to search Torrance homes by neighborhood, price, or home type.

  1. 3 beds, 2 baths
    Home size: 1,580 sq ft
    Lot size: 5,165 sqft
  2. 3 beds, 2 baths
    Home size: 1,370 sq ft
    Lot size: 5,563 sqft
  3. 4 beds, 2 baths
    Home size: 1,392 sq ft
    Lot size: 5,557 sqft
  4. 3 beds, 2 baths
    Home size: 979 sq ft
    Lot size: 3,761 sqft
  5. 3 beds, 2 baths
    Home size: 1,114 sq ft
    Lot size: 5,391 sqft
  6. 4 beds, 3 baths
    Home size: 1,573 sq ft
    Lot size: 3,284 sqft
  7. 3 beds, 3 baths
    Home size: 1,711 sq ft
    Lot size: 5,600 sqft
  8. 3 beds, 2 baths
    Home size: 1,500 sq ft
    Lot size: 4,999 sqft
  9. 3 beds, 3 baths
    Home size: 2,049 sq ft
    Lot size: 27,173 sqft
  10. 3 beds, 2 baths
    Home size: 2,044 sq ft
    Lot size: 8,149 sqft

See all Real estate in the city of Torrance.
(all data current as of 2/25/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Seaside Ranchos A Great Combination of Neighborhood Feel and Beach Proximity

By Keith Kyle Exterior

Many buyers actively seek Torrance neighborhoods for the wonderful community feel, tree lined streets, great schools and family friendly vibe.  Nowhere is this more embodied than in the Seaside Ranchos area of South Redondo Beach.  The Seaside Ranchos neighborhood is often called the Christmas Lights area due to the annual show put on by the residents.  Sitting just North of Pacific Coast Highway as it turns inland near the Palos Valos Peninsula the neighborhood is a collection of beautiful homes on larger lots.  Most homes are generally updated and upgraded versions of the original beach homes built with fewer “McMansions” than in many other South Bay neighborhoods.   The majority of the homes offer 3 bedrooms and 2 bathrooms and due to the much larger lots than in most areas of Torrance often have fantastic backyards.  The tree lined streets offer a very safe and friendly feel and give the area it’s “Christmas Lights” nickname as all of the community trees are wrapped in white lights during the holidays and rare is the home that isn’t decorated with lights and decorations.  The area has become so popular during the holidays that traffic is restricted in the evenings and cars line up for seemingly hours to drive through the spectacular display.  Prices generally start in the low $800s and can price over the $2.0M mark for some of the most impressive homes on oversized lots.

Current South Torrance and Seaside Ranchos homes for sale

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

 

Great Short Sale Opportunity in South Torrance – In Escrow

Short sale opportunities have just about dried up in the South Bay with homeowners quickly regaining any lost value after the bubble burst.  Although no longer  commonplace and not the deals they once were, short sales and foreclosures still do occasionally come along.

Just listed is a very nice sized home in a great South Torrance neighborhood at 4026 W 234th Street 90505.  The home features 3 bedrooms, 2 baths, and an impressive 2171 square feet.

We're sorry, but we couldn't find MLS # 7529016010 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Spectacular Estate for Sale at 23135 Doris Way in South Torrance

Looking more like an estate found in Palos Verdes than a home in South Torrance, the recent listing at 23135 Doris Way is spectacular in just about every way.  Sitting on a 15,000+ lot, which is extremely rare, even in South Torrance, the home offers the best of all worlds.  Spacious and luxurious interiors with 4600 square feet, 5 bedrooms, and 7 baths.  Built in 2005 this beautiful home offers a level of luxury usually only seen in nearby Palos Verdes and Manhattan Beach.  Contact us for more information.

We're sorry, but we couldn't find MLS # PV14052841 in our database. This property may be a new listing or possibly taken off the market. Please check back again.