Real Estate Micro Market Update – Southwood Torrance

By Keith KyleSouthwood Torrance Homes

The neighborhood of Southwood in Torrance CA is a fantastic area with tree lined streets with primarily single family homes and a great community feel. Prices in this neighborhood, located just east of Redondo Beach, have seen steady increases since the beginning of 2013 and doesn’t show any signs of slowing down. Here’s a quick recap of the current real estate market conditions in this Torrance neighborhood.

  • In escrow – 8

 

  • Total homes sold in 2014 YTD – 20
  • Average sales price – $627,688
  • Average price per square foot – $474.73