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March 2016 Median Home Prices for Torrance and the South Bay

May 24, 2016 by Keith Kyle

By Keith Kyle

The numbers for March are in and it was a big month for the number of homes sold in Torrance.  Torrance has been hovering a bit over 100 for the past few months but March saw 133 homes sell throughout this South Bay city.

City Homes
Sold
March
2016 Median
March
2015 Median
Year
over Year % Change%
Carson 54 $447,500 $426,500 4.9%
El Segundo 10 $1,006,000 $849,000 18.5%
Gardena 58 $475,000 $403,500 17.7%
Harbor City 14 $450,000 $455,000 -1.1%
Hawthorne 36 $513,000 $642,000 -20.2%
Hermosa Beach 16 $1,183,000 $1,310,000 -9.7%
Lawndale 10 $385,000 $447,000 -13.9%
Lomita 11 $530,000 $481,000 10.1%
Long Beach 327 $478,000 $414,000 15.3%
Manhattan Beach 41 $2,275,000 $1,940,000 17.3%
Marina Del Rey 18 $1,025,000 $860,000 19.2%
Palos Verdes Estates 28 $1,355,000 $1,400,000 -3.2%
Playa Del Rey 18 $560,000 $546,000 2.6%
Rancho Palos Verdes 56 $1,156,250 $1,044,500 10.7%
Redondo Beach 89 $893,000 $862,000 3.7%
San Pedro  80 $554,000 $481,000 15.1%
Torrance 133 $615,000 $530,000 16%
Westchester 25 $910,000 $854,000 6.6%

Filed Under: Home Prices, Homes for Sale, Redondo Beach, Torrance Real Estate Tagged With: home sales in torrance, homes sold in torrance, median home prices, torrance real estate

Torrance Median Home Prices for February 2016

April 24, 2016 by Keith Kyle

By Keith Kyle

Torrance, CA and the South Bay saw another strong month for home prices although a few cities saw big percentage drops in average home prices.  Those numbers, especially in smaller cities, or in a month with fewer home sales, don’t really mean much, but taken over times gives a good indication as to what is happening in the local Torrance real estate market.

Torrance had a slightly lower than average month with 85 home sales,with median home prices in the mid $500,000’s.

City Homes
Sold
February
2016 Median
February
2015 Median
Year
over Year % Change%
Carson 38 $420,000 $395,000 6.2%
El Segundo homes 11 $1,109,000 $815,000 36%
Gardena 38 $410,750 $334,000 23%
Harbor City 10 $527,500 $393,000 34.2%
Hawthorne homes for sale 30 $483,000 $450,000 7.4%
Hermosa Beach homes 17 $1,225,000 $1,512,500 -19%
Lawndale 8 $431,000 $415,000 3.9%
Lomita 11 %505,000 $326,000 55%
Long Beach 238 $461,000 $409,000 12.7%
Manhattan Beach real estate 22 $1,795,000 $2,361,000 -24%
Marina Del Rey 25 $864,000 $1,335,000 -35%
Palos Verdes Estates 33 $1,403,000 $1,300,000 7.9%
Playa Del Rey 10 $626,000 $710,750 6.9%
Rancho Palos Verdes 26 $1,110,000 $1,039,000 6.9%
Redondo Beach 45 $869,750 $812,000 7.1%
San Pedro 33 $505,000 $416,000 21.4%
Torrance 85 $565,000 $544,000 4%
Westchester 21 $917,000 $820,000 11.8%

Filed Under: Home Prices, Homes for Sale, Torrance Real Estate, Torrance Realtors Tagged With: home prices in torrance ca, median home prices, torrance real estate

Oceanfront Home for at 501 Paseo De La Playa in the Hollywood Riviera Sells at $5,300,000

April 21, 2016 by Keith Kyle

By Keith KyleHollywood Riviera

I’ve been fortunate to represent a few clients on purchases or sales along Paseo De La Playa in the Hollywood Riviera and the locations is nothing short of spectacular.  Paseo De La Playa is the oceanfront street that connects Redondo Beach with the beginning of the Palos Verdes Peninsula and offers a lifestyle not found in many places.  Hollywood Riviera is a unique area as it has a Redondo Beach address but is actually located in the city of Torrance.

The recent sale of 501 Paseo De La Playa is no exception.  This 5 bedroom, 3 1/2 bath home sits high on the bluff and offers mesmerizing views of the ocean, Palos Verdes and the beautiful coastline from Redondo to Malibu.  This oceanfront home was listed for $5,500,000 and sold for $5,300,000.

501 Paseo De La Playa in the Hollywood Riviera

Filed Under: Hollywood Riviera homes 90277, Homes for Sale, Luxury Homes, Redondo Beach, Torrance Real Estate Tagged With: 501 paseo de la playa, hollywood riviera homes for, keith kyle, oceanfront homes for sale, redondo beach real estate, torrance real estate

Torrance home sales for March of 2016

April 19, 2016 by Keith Kyle

By Keith Kyle

March was yet another very busy month for home sales in Torrance and the South Bay with home prices continuing to go up and the number of home sales rising as well.  The demand has been pretty overwhelming in certain areas such as West Torrance, South Torrance and the Hollywood Rivera and multiple offer situations selling over the list price being the norm.

Torrance saw 109 home sales in March of 2016 with the average list price of $648, 831 and the average sales price at $648,460 which again shows that very few homes are selling below list price….even in a market in which inflated prices are becoming more common.  The lowest priced home of the month was a 1 bedroom condo in the County Strip area (not actually part of Torrance but a Torrance P.O. making for much lower prices)at $172,900 and the most expensive was $1,160,000 for a 5 bed/4 bath, 3000 square foot single family home in the Hollywood Riviera.

Home Type Address Price Bed/Bath Sq Feet
SFR/D 2804 Alberta $400,000 2/1,0,0,0 780/A
CONDO/A 1444 Unit #5 W 227th ST #5 $295,000 2/1,0,1,0 1097/A
SFR/D 1606 W 216TH ST $310,000 2/1,0,0,0 732/
TWNHS/A 22533 S Vermont AVE #11 $343,000 2/1,0,1,0 1221/A
SFR/A 1560 W 210th ST $497,000 3/1,0,0,0 1071/A
SFR/D 20823 S Normandie AVE $525,000 4/1,1,0,0 1588/A
CONDO/A 820 Coriander DR #N $172,000 1/1,0,0,0 639/A
CONDO/A 20704 S Vermont AVE #9 $295,300 2/2,0,0,0 969/A
CONDO/A 20539 S Vermont AVE #2 $300,000 2/2,0,0,0 959/AP
CONDO/A 21834 S Vermont AVE #4 $330,000 2/2,0,0,0 934/A
TWNHS/A 22334 Harbor Ridge LN #3 $345,000 3/2,0,1,0 1549/A
SFR/D 20937 Menlo AVE $374,749 3/2,0,0,0 1096/AP
SFR/D 926 Gastine ST $420,000 4/2,0,0,0 1698/A
SFR/D 20821 S VAN DEENE AVE $475,000 3/2,0,0,0 1604/
SFR 1244 RITNER ST $494,000 3/2,0,0,0 1352/
SFR/D 21140 Berendo AVE $508,500 3/1,1,0,0 1339/A
TWNHS/D 1201 Ivy TER $575,000 3/2,0,1,0 1929/A
TWNHS/D 22330 Meyler ST #46 $585,000 4/2,0,1,0 2302/A
SFR/D 2907 Dalemead ST $670,000 3/1,0,0,0 1000/E
SFR/D 2619 Loftyview DR $763,000 3/2,0,0,0 1304/A
SFR/D 24424 Neece AVE $800,000 2/3,0,0,0 2010/A
SFR/A 3124 Singingwood DR $825,000 4/3,0,1,0 2507/A
SFR/D 2634 Brian AVE $922,750 4/3,0,1,0 2740/A
CONDO/A 3550 Torrance BLVD #517 $235,100 1/1,0,0,0 490/A
CONDO/A 3550 Torrance BLVD #110 $265,000 1/1,0,0,0 570/A
CONDO/A 2940 Carson ST #214 $385,000 2/1,1,0,0 935/A
CONDO/A 2605 Sepulveda BLVD #311 $450,000 2/2,0,0,0 1212/A
CONDO/A 2567 Plaza Del Amo #301 $512,000 2/2,0,1,0 1165/A
TWNHS/A 2800 Plaza Del Amo #92 $554,000 2/3,0,0,0 1088/A
TWNHS/A 2800 Plaza Del Amo #351 $555,000 2/2,0,1,0 1121/B
TWNHS/A 1729 Date AVE #4 $564,000 3/3,0,0,0 2112/A
TWNHS/A 2615 Plaza Del Amo #619 $615,000 2/2,0,1,0 1526/A
SFR/D 1014 Maple AVE $615,000 2/2,1,0,0 1748/A
TWNHS/A 2300 Maple AVE #176 $645,000 3/2,0,1,0 1721/A
SFR/D 2717 Monterey ST $655,000 3/1,1,1,0 1460/S
TWNHS/A 2621 Plaza Del Amo #524 $660,000 3/2,0,1,0 1696/A
TWNHS/A 2300 Maple AVE #207 $665,000 3/2,0,1,0 1738/A
SFR/D 2755 Sonoma ST $675,000 3/1,0,0,0 1118/A
TWNHS 2801 SEPULVEDA #33 $704,000 3/3,0,0,0 2009/
TWNHS 2825 PLAZA DEL AMO #167 $705,000 3/2,0,1,0 1839/
SFR/D 20440 Roslin AVE $751,000 4/3,0,0,0 2174/A
TWNHS/A 3538 Torrance BLVD #135 $770,000 3/2,0,1,0 2141/B
SFR/D 2540 Plaza Del Amo $820,000 4/3,0,0,0 2370/A
TWNHS/D 1728 Greenwood AVE #B $890,000 4/2,0,1,0 2401/B
TWNHS/D 1728 Greenwood AVE #A $900,000 4/2,0,1,0 2375/B
CONDO/A 22833 Nadine CIR #A $369,900 2/1,0,1,0 950/A
CONDO/A 22917 Maple AVE #B $425,000 2/2,0,0,0 1117/AP
SFR/D 3888 Bluff ST $775,000 3/3,0,0,0 1699/A
SFR/D 5328 Highgrove ST $833,000 3/2,0,0,0 1112/A
SFR/D 4317 Highgrove AVE $889,000 3/1,0,1,0 1666/A
SFR/D 4427 Newton ST $895,000 4/1,1,1,0 1886/A
TWNHS/A 3951 W 226th ST $710,888 3/2,0,1,0 1700/A
SFR/D 23304 Los Codona AVE $880,000 4/3,0,0,0 2290/A
SFR/D 5136 Zakon RD $890,000 3/2,0,0,0 1521/E
SFR/D 23209 Audrey AVE $920,000 4/1,2,0,0 2415/A
SFR/D 5502 Sunnyview ST $929,999 4/1,1,0,0 1236/A
SFR/D 3886 W 234th ST $940,000 5/1,1,1,0 2490/A
SFR/D 22202 Warmside AVE $980,000 3/2,0,0,0 1640/A
CONDO/A 21345 Hawthorne BLVD #210 $439,900 2/2,0,0,0 910/A
SFR/D 21706 Anza AVE $740,000 3/3,0,0,0 1227/A
SFR/D 4563 Sepulveda BLVD $759,000 4/2,0,0,0 1707/A
SFR/D 21909 Grant AVE $815,000 3/1,1,0,0 1214/A
SFR/D 4562 Cathann ST $850,000 4/2,0,0,0 2227/A
SFR/D 21621 Palos Verdes $850,000 3/2,0,0,0 1804/A
SFR/D 4635 Cathann ST $890,000 3/2,0,0,0 2178/A
SFR/D 5019 Scott ST $980,000 4/2,0,0,0 2112/A
SFR/D 21513 Redbeam AVE $1,155,000 4/2,1,0,0 2984/A
SFR/D 19330 Sturgess DR $828,000 3/1,1,0,0 1391/A
SFR/D 20813 Felker DR $940,000 3/1,1,0,0 1570/A
SFR/D 20032 Mildred AVE $990,000 4/1,1,0,0 1784/A
SFR/D 3235 W 170th ST $440,000 2/2,0,0,0 1266/A
SFR/D 3622 W 181st ST $510,000 3/1,0,0,0 1098/A
SFR/D 18316 Grevillea AVE $543,000 4/2,0,0,0 1280/A
SFR/D 18810 Cranbrook AVE $590,000 3/1,0,0,0 1053/A
SFR/D 18919 Patronella AVE $600,000 3/2,0,0,0 1157/A
SFR/D 3220 W 185th ST $600,000 3/2,0,0,0 1238/A
SFR/D 18322 Ermanita AVE $629,990 3/2,0,0,0 1734/A
SFR/D 18712 Kornblum AVE $650,000 3/1,1,0,0 1511/A
SFR/D 3645 W 172nd ST $675,000 3/1,0,1,0 1131/A
SFR/D 18035 Ermanita AVE $734,000 4/3,0,0,0 2150/E
SFR/D 3737 W 173rd ST $790,000 3/2,0,1,0 1801/A
SFR/D 16518 Daphne AVE $585,000 3/1,1,0,0 1719/A
SFR/D 16518 Spinning AVE $625,000 3/1,1,0,0 1166/A
SFR/D 2517 W 177th ST $625,000 3/1,0,1,0 1631/A
SFR/D 17315 Casimir AVE $760,000 4/2,0,0,0 2180/A
SFR/D 2804 ALBERTA ST $400,000 2/1,0,0,0 780/
CONDO/D 1301 Cabrillo AVE #409 $445,000 2/2,0,0,0 874/A
SFR/D 1912 W 222nd ST $545,000 3/1,0,1,0 1122/A
SFR/D 2835 Martha AVE $550,000 3/1,0,0,0 998/A
TWNHS/A 2145 Plaza Del Amo ST $552,000 3/2,0,1,0 1312/A
TWNHS/A 1918 Cabrillo AVE #B $559,000 2/2,0,1,0 1375/E
TWNHS/D 1012 Sartori AVE $599,900 3/2,1,0,0 1387/B
SFR/D 807 Cota AVE $620,000 2/1,0,0,0 792/A
TWNHS/D 2424 Gramercy AVE $735,000 3/2,0,1,0 2253/A
SFR/D 1923 Gramercy AVE $755,200 5/2,0,1,0 2073/P
SFR/D 2438 W 237th ST $570,000 2/1,0,0,0 911/A
SFR/D 1951 W 235th ST $600,000 3/1,1,0,0 1575/A
SFR/D 1803 Schilling CT $628,000 4/2,0,0,0 1485/P
SFR/D 23308 Huber AVE $630,000 3/2,0,0,0 1056/A
SFR/D 2140 W 236th PL $772,000 3/2,0,0,0 2125/A
SFR/D 2144 W 234th ST $780,000 3/1,1,1,0 1700/A
SFR/D 2437 W 231st ST $970,000 4/3,0,1,0 2952/A
SFR/D 18328 Falda AVE $500,000 2/1,0,0,0 1085/A

Filed Under: Home Prices, Homes for Sale, Torrance CA real estate market, Torrance real estate trends Tagged With: home prices in torrance ca, home sales in torrance ca, torrance home prices, torrance real estate

Home Sales are Up While Inventory Way Down in West Torrance

April 19, 2016 by Keith Kyle

Keith Kyle

Where did all the homes go in West Torrance?

Well the limited number of homes that were on the market all sold leaving inventory down once again.

The chart below shows the number of active listings (light green) sold homes (dark green) and pending home sales (red line) The greater the discrepancy between active homes and sold homes indicates a buyers market and when the numbers are closer a sellers market is indicated as inventory is down. February saw 13 homes close escrow with only 6 active homes for sale. As of April 17th there are 8 active homes for sale and 13 homes in escrow.

 

Filed Under: Home Prices, Homes for Sale, Torrance Real Estate, West Torrance homes 90503 Tagged With: homes for sale in west torrance, torrance realtors, west torrance home sales, west torrance homes for sale

An Abundance of Cool New Listings in North Torrance

April 14, 2016 by Keith Kyle

By Keith KyleTorrance homes with a pool

A number of good looking homes hit the market this week in North Torrance offering some good options for those in the market.  Although prices have gone way up in North Torrance over the past 2 years, it’s still the best combination of neighborhood and home in a great neighborhood.

[idx-listings community=”N Torrance – West” statuses=”1″ propertytypes=”516″ orderby=”DateAdded” orderdir=”DESC” count=”10″ showlargerphotos=”true”]

Filed Under: Homes for Sale, North Torrance West, Torrance Real Estate Tagged With: homes for sale, north torrance, north torrance homes for sale, north torrance real estate, real estate

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