Like most areas in Torrance and the South Bay, the neighborhood of Southwood has been most impacted by a lack of home inventory. As
you can see from the chart below the number of sold homes has been declining just about every month since last summer. The pending sales are very low with only 2 pending listings in each of the past three months. That’s not surprising given that there were no new listings in Southwood for December or January.
View the current homes for sale in Southwood
Current Southwood Homes for Sale
[idx-listings community=”130 – Southwood” statuses=”1″ orderby=”DateAdded” orderdir=”DESC” showlargerphotos=”true” listtabalignment=”Left”]
sales in a month over the past 18 months other than December 2018 and 2019 (which is typically very slow) Prices were solid as they’ve been over the past 18 months with the median list prices of $717,500 and a median sales price of $700,000. Average price per foot for sold homes in Manhattan Beach was $532. Median days on market was only 13 which is incredibly low and is another indication of a strong sellers market. 
were 61 home sales/closed sales during the month which is considerably lower than the norm. Compare that with 101 sales in December, 90 in November and 119 in October and you can see just how slow it was.
