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Keith Kyle - Vista Sotheby's International

Active Home Listings in Torrance Reaching a Mulit Year Low

November 20, 2021 by Keith Kyle

As of 11/20 there are 58 homes “active” on the MLS meaning currently for sale and not in escrow.   Other than April of this year, this is the lowest number of available homes we’ve seen in years.  This low housing inventory will certainly make a difficult real estate market for home buyers even more difficult.

October 2021 is a Seller’s market*

Homes For Sale in October 2021: 59 units.
• Down 21.3% compared to last month
• Down 42.7% compared to last year

Homes Closed in October 2021: 112 units.
• Down 23.3% compared to last month
• Down 7.4% compared to last year

Home Placed under Contract in October 2021: 122 units.
• Up 3.4% compared to last month
• Up 7% compared to last year

Filed Under: Home Prices, Homes for Sale, Torrance CA real estate market, Torrance home prices, Torrance homes for sale, Torrance Real Estate Tagged With: torrance active mls listings, torrance homes for sale, torrance mls, torrance real estate trends

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