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Search for homes in Torrance CA

Home Sales & Median Home Prices in Torrance for August 2016

October 18, 2016 by Keith Kyle

By Keith Kylepark-plaza-plaza-del-amo-sign

August 2016 saw another strong month for homes throughout the South Bay and Torrance.  Torrance, CA reached a 179 homes sold in the month of August with a median home price of $645,000.  As of October 18th 2016 there are 151 active homes and income properties for sale in Redondo Beach and 173 homes currently in escrow.  The lowest price of the month was a one bedroom condo in a 55+ building at $215,000 with the highest sale a $1,225,000 for a single family home in the Southwood community of Torrance.  Of all the homes sold only one was a short sale or foreclosure showing just how much of a non factor short sales are becoming in Torrance.   View the current homes for sale in Torrance, CA or view a list of the homes sold in Redondo Beach and the South Bay in August.

City Homes Sold August 2016 Median August 2015 Median Year over Year % Change%
Carson 56 $450,000 $430,000 4.7%
El Segundo 15 $1,075,000 $780,000 37.8%
Gardena 43 $470,000 $399,000 17.8%
Harbor City 24 $523,000 $450,000 16.1%
Hawthorne 47 $575,000 $493,000 16.8%
Hermosa Beach 22 $1,723,000 $1,389,000 24.%
Lawndale 16 $498,000 $437,000 13.8%
Lomita 23 $619,000 $510,000 21.4%
Long Beach 348 $463,000 $459,000 .8%
Manhattan Beach 36 $1,800,000 $1,923,000 -6.4%
Marina Del Rey 24 $1,059,000 $928,000 14.1%
Palos Verdes Estates 42 $1,412,000 $1,815,000 -22.2%
Playa Del Rey 16 $623,000 $560,000 11.2%
Rancho Palos Verdes 57 $1,065,000 $1,155,000 -7.8%
Redondo Beach 100 $968,000 $842,000 15%
San Pedro 70 $481,000 $475,000 1.3%
Torrance 179 $645,000 $585,000 10.3%
Westchester 44 $1,093,000 $890,000 22.7%

Filed Under: 55+ Homes in Torrance, Home Prices, Homes for Sale, Torrance CA real estate market, Torrance Real Estate Tagged With: palos verdes estate home prices, south bay home sales, south bay real estate, torrance home prices, torrance real estate

Torrance Short Sales Continue to Dwindle

October 18, 2016 by Keith Kyle

**Please note that this article was originally written in 2016 and some of the information has changed.

As a short sale specialist I have tracked the short sale market for years and as Torrance is the largest city in the SouthForeclosure-sign Bay, it has been a very good indicator of how much of a factor short sales and bank owned homes have been on the local market.  Short sales first became a factor in mid 2007 with a high point in 2010.  In August of 2010 there were 159 active short sale homes for sale in Torrance.   Those numbers started to decline in April of 2011 and have continued downward to the current level which has seen an average of 4 homes for sale for the past few months.  What was a source of the “deals” sought by buyers is no longer putting downward pressure on the market and has basically ceased to be a factor. View short sale homes for sale on our distressed home site for Torrance and all of the South Bay

 

Filed Under: Buyers, Homes for Sale, Short Sales and Foreclosures, Torrance CA real estate market Tagged With: distressed home sales in torrance, torrance foreclosures, torrance reo, torrance short sales

Torrance Alternative – 2209 Nelson in Redondo Beach CA

September 15, 2016 by Keith Kyle

***Update – This home sold in 2016 and is no longer on the market.North Redondo Beach townhomes

 

Although not in Torrance this is a Redondo Beach real estate listing that’s worth knowing about.

This better than new coastal craftsman is as beautiful on the inside as the outside

and dramatically different than the standard Redondo townhome.  From the moment you see 2209 Nelson in Redondo Beach you’ll realize that this is unlike anything on the market.  Entering the home, you’ll be struck by the bright and open floorplan and attention to details. From the nine foot high ceilings,  6″ oak flooring to the El Dorado stone fireplace to the wainscoting and custom colors this home is designer perfect.  The lower level features a bright and open floorplan for today’s lifestyle and perfectly blends beach casual with modern luxury.  Ideal for entertaining the home features an open kitchen with granite counters, stainless appliances, Merillat maple cabinetry, center island and breakfast bar.  The kitchen opens to both the dining area and the spacious living room.  Direct access to the private backyard and patio is ideal for indoor outdoor living.

Contact listing agent Keith Kyle with Vista Sotheby’s International Realty for more information.

Head upstairs to 3 beautiful  bedrooms plus the incredible master suite.  All bedrooms offer plantation shutters, vaulted ceilings, recessed lights, and all enjoy an abundance of natural light.  The master suite is a stunning retreat bathed in natural light, with vaulted ceilings, beautiful stone fireplace, private sitting area, balcony, and walk in closet.  The spacious master bath offers separate jacuzzi tub and shower, dual vanities, marble countertops and travertine flooring.  This beautiful home is a rare find in today’s market of cookie cutter homes.  View the 2209 Nelson photo gallery or visit the virtual tour.

  • $1,195,000
  • 4 bedrooms
  • 2 1/2 bathrooms
  • Fully detached – feels like a single family home
  • Beautiful kitchen with Merillat maple cabinets, Verde Butterfly granite, stainless appliances
  • Private patio and yard
  • 2,350 square feet (approx – buyer to verify)
  • Craftsman Style
  • Decorator perfect interior
  • Open Layout
  • Traditional floorplan

Luxury living rooms Luxury living rooms Luxury primary suites

Filed Under: Homes for Sale, Redondo Beach, Remodeled Homes Tagged With: 2209 nelson, keith kyle, redondo beach, townhome for sale, vista sotheby's international

Torrance Home Sales in June of 2016 Post Huge Numbers

August 30, 2016 by Keith Kyle

By Keith Kyle

The numbers are in and June 2016 was a big month in terms of both the number of homes sold and the prices.  Home prices were up year over year in every South Bay city other than Manhattan Beach and Torrance CA posted some very big numbers.  141 homes and properties sold in June at a very respectable median price of $640,000 which is higher than normal.  To see the homes sold in Redondo Beach for June 2016 view our recent sales information.

City Homes
Sold
June
2016 Median
June
2015 Median
Year
over Year % Change%
Carson 63 $450,000 $425,000 5.8%
El Segundo 17 $1,121,000 $888,000 26.2%
Gardena 47 $430,000 $399,000 7.8%
Harbor City 18 $547,000 $360,000 51.9%
Hawthorne 37 $624,000 $539,000 15.7%
Hermosa Beach 24 $1,248,000 $1,230,000 3.6%
Lawndale 13 $519,000 $450,000 15.2%
Lomita 16 $555,000 $530,000 4.7%
Long Beach 408 $470,000 $450,000 4.4%
Manhattan Beach 40 $1,962,000 $2,400,000 -18.25%
Marina Del Rey 32 $900,000 $810,000 11.1%
Palos Verdes Estates 39 $1,533,000 $1,500,000 2.2%
Playa Del Rey 22 $603,000 $610,000 -1.2%
Rancho Palos Verdes 75 $1,200,000 $1,110,000 8.2%
Redondo Beach 99 $950,000 $870,000 9.2%
San Pedro 79 $500,000 $472,000 6%
Torrance 141 $640,000 $597,000 7.2%
Westchester 44 $1,050,000 $923,000 13.8%

Filed Under: Home Prices, Torrance CA real estate market, Torrance Real Estate Tagged With: home prices in torrance, recent home sales in torrance ca, torrance home sales

New Real Estate Website for the Hollywood Riviera

August 29, 2016 by Keith Kyle

We’ve created a new website geared specificially to the Hollywood Riviera area of Torrance. The Hollywood Rivera is one of our favorite areas in all of the South Bay with great views, proximity to the beach, ideal weather, a wonderful neighborhood feel, and somewhat restrictive building codes keeping the homes appropriate for the lot sizes and protecting the views.

To see real estate and homes for sale in the Hollywood Riviera visit out new real estate website.

Hollywood Riviera homes for sale.com

Filed Under: Hollywood Riviera homes 90277, Homes for Sale, Torrance Realtors Tagged With: hollywood riviera real estate, homes for sale in the hollywood riviera, torrance real estate

What makes the Torrance real estate market so unique in the South Bay?

August 6, 2016 by Keith Kyle

By Keith KyleTorrance homes for sale

People often think of the South Bay as one large market but each individual city can mean an entirely different real estate market….just take a look at the monthly median home prices in the South Bay as an indication.

Each city is it’s own real estate market but Torrance is different.  As Torrance is the largest city in the South Bay it’s also the most diverse.  That’s especially true in terms of real estate and home values in Torrance.

What make Torrance so different is the variety of areas, and the diversity of both the homes and the prices.  Torrance is a city that has multi million dollar homes along the Bluff on Paseo De La Playa and also has some of the most affordable homes in all of the South Bay.

Search Torrance homes by area.

The sheer size of Torrance also makes a difference.  Stretching all the way from the ocean to east of the 110 freeway makes for an abundance of options not possible in any other city in the area.  This also allows for everything from single family homes, to condos to even co-ops (rarely seen in the South Bay).

It is definitely not a seen one seen em all type real estate market.

 

Filed Under: Homes for Sale, Torrance CA real estate market, Torrance Real Estate, Torrance real estate trends Tagged With: keith kyle, torrance homes for sale, torrance real estate, torrance real estate market

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