February was a great month for real estate in Torrance with 76 home sales compared to the 71 sold in February 2020. The median sales price was $808,000 with and average days on market of 21.
View the current homes for sale in Torrance
Community Spotlight – Summer Wind at Plaza Del Amo Torrance
Welcome to our community spotlight for one of the great gated communities in the Plaza Del Amo area of Torrance CA.
SummerWind is the largest of the gated communities in the Plaza Del Amo area of Torrance and offers a community feel with enough space to really feel like a neighborhood. Summerwind is located on the south side of Plaza Del Amo between Crenshaw and Maple and the community consists of 508 townhome style (nobody above or below) attached units. The layouts vary from smaller two bedroom/two bath home with between 1,088 and 1,273 square feet and three bedroom/three bath units around 1,404 square feet (there are a very limited number of larger homes with approx 1,560 square feet. All of the homes offer 2garages and laundry areas.
Built in the late 1980’s SummerWind offers an abundance of community amenities including three recreation areas each with a pool and spa, community clubhouse, onsite manager, well maintained landscaping, and a playground area for the little ones.
Located in the heart of the South Bay, the community of Summer Wind is just a short distance to the newly rebuilt Del Amo fashion mall, Wilson Park with 2 farmers markets a week, The South Bay Galleria, shopping, dining, entertainment and more.
HOA dues are on the high side for the area at approximately $430** as of 11/17/22
Current SummerWind Homes for Sale
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
*Square footage approximate based on information from the CRMLS and is not guaranteed.
**HOA fees approximate as of 7/28/20.
Gated communities and complexes near Plaza Del Amo
5404 Reese Road – The High Sale in Torrance During 2020
The high water market for Torrance home sales was a beautiful single family home with 5 bedrooms, 4 baths and a bit over 3,600 square feet on a 10,000+ foot lot. The home was priced $2,349,000 and closed at $2,350,000.
View the current homes for sale in Torrance
5404 Reese Road, Torrance – $2,350,000
Torrance Real Estate Recap – 2020 By the Numbers
What a year it was for real estate and home sales in Torrance during 2020.
Without question it was a fantastic year for real estate, home sales and home prices in city of Torrance CA. Here’s just a quick recap of some key numbers. There were 1144 on market home sales during 2020 compared with 1204 in 2019. The median sales price was an impressive $835,000. Homes that sold only averaged 24 days on market before selling. The average price per foot for the year was $533. For more detailed month by month stats see our Torrance real estate market trends and statistics page.
55+ Condos for Sale in Torrance – 21345 Hawthorne Blvd
By Keith Kyle
The 55+ community of Village Court is possibly the best location in the nicest complex in the South Bay. This home is absolutely turnkey and features a spacious bedroom, kitchen with granite counters and large island, big views of the pool and spa area as well as wonderful western exposure offering sunset views and cool ocean breezes. Village Court is a 55+ complex built in 2005 offering all of the best amenities including a resort style pool and spa, large outdoor dining and relaxation area, gym, clubhouse with pool table, beautiful lobby and more.
See the current Village Court 55+ condos for sale below
Current Condos For Sale in Village Court 55+
North Torrance West Real Estate Statistics
By Keith Kyle
As knowledge is critical in real estate, we hope that the information provided below will make the real estate market in the North West areas of Torrance easier to understand and the trends can make for educated decisions. Whether you are a buyer, or a seller, knowing what the market is doing and where it appears to be heading can make all of the difference in the world. If we can be of assistance in any way please don’t hesitate to contact us. You can view these trends for all Torrance CA neighborhoods.
View the current North Torrance – West Homes for Sale
The chart below shows the recent history of the number of active listings, pending home sales and closed escrows. The higher ratio of active to sold/pending listings shows a buyers market while lower inventory shows a sellers market.
The chart below shows the average price per square foot in North Torrance West. This includes all types of homes including condos, townhomes and single family homes
The chart below shows the percentage of sold price / list price at which an equal number of properties are sold above, equal or below the list price and it indicates how long it has taken to sell those properties.
The chart below shows the difference between the average price for sale in North Torrance and average price of the sold homes. It helps determine whether the market is a buyer or seller market. If the average listing price and average sold price are the closest, the area has the healthiest market.
The chart below shows the months of inventory for a particular month. As a rule of thumb, an inventory level of less than three indicates a strong seller market while an inventory level greater than six indicates a buyer’s market.
CURRENT NORTH TORRANCE WEST HOMES FOR SALE
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