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What are the Latest Real Estate Trends in Torrance?

May 6, 2021 by Keith Kyle

The story of the current market is that lots of homes are selling for big numbers but the inventory of active listings just aren’t keeping pace with the number of sales.  Without question it’s most definitely a seller’s market.

View the current homes for sale in Torrance

The chart below shows the number of active listings (light green) sold homes (dark green) and pending home sales (red line)  The increase in pending and sold homes is not tracked by any increase in new listings which has held steady.

The chart below shows the average price per square foot. Square footage in the South Bay often doesn’t mean as much as in other markets as values can vary so dramatically due to things such as proximity to the beach, views, specific neighborhoods.

The chart below shows the average days on market per month as well as the % of list price that homes sold at.  A high % indicates a sellers market as home sell at, or above list price.

The chart below shows the average price for listed home sales in relation to the average price for sold homes.

The chart below indicates the months of home inventory based on closed home sales.  Buyer’s market: more than 6 months of inventory  Seller’s market: less than 3 months of inventory  Neutral market: 3 – 6 months of  inventory

Filed Under: Torrance CA real estate market, Torrance Real Estate, Torrance real estate trends Tagged With: torrance real estate, torrance real estate statistics, torrance real estate trends

Feliz Cinco De Mayo Torrance

May 6, 2021 by Keith Kyle

To our friends and clients in Torrance……we hope you have a very happy Cinco De Mayo celebration

Happy Cinco De Mayo

Filed Under: Torrance Activities Tagged With: cinco de mayo

Single Family at 2122 Harriman Lane, Redondo Beach CA 90278

April 21, 2021 by Keith Kyle

Welcome to one of the most impressive & unique single family homes you’ll find in Redondo Beach. This custom built 3 bedroom plus loft offers features that you simply won’t find in other properties….from the loft style layout to the soaring 12′ ceilings….no detail has been overlooked. Sitting on an almost 3,000 sq ft corner lot on hilltop, it offers panoramic views of the neighborhood, the San Gabriel mountains and PV.  Listing provided by Keith Kyle of Vista Sotheby’s International Realty.

Redondo Beach homes for sale

As beautiful on the inside as it is on the outside, it offers incredible outdoor areas with private & serene backyard + 4 balconies and oversized decks that capture stunning views & beach breezes. The entry level offers two spacious bedrooms with 9′ ceilings, beautiful 3/4 bath and environmentally friendly bamboo floors The rear suite leads to the private backyard through oversized sliders creating a relaxing retreat. Sliders lead to the tranquil yard with private deck and sitting area. This level also features access to the two car attached garage and laundry area. Head to the main level to be awed by the incredible open layout. This incredible space is the absolute highlight of the home with an open concept floorplan, dramatic 12′ ceilings, an abundance of windows & thoughtfully designed spaces. The centerpiece of this floor is the entertainer’s kitchen with oversized island designed as the gathering spot for friends, family & guests. The open kitchen offers granite countertops, shaker style cabinetry, stainless appliances & Bertazzoni range. An oversized deck sits just off of the kitchen making for the perfect combination of indoor outdoor living & the ideal place to enjoy summer BBQs. The spacious dining area offers city lights views & dramatic crystal chandelier & the floor to ceiling wood burning fireplace with custom stone creates a dramatic look. The adaptable floorpan on this level was specifically designed to allow either a 3rd bedroom or an expanded living room with the wall removed & is easily changeable dependent on the lifestyle of the owners. The current owners removed the wall to fit their lifestyle and create a truly dramatic space. Mezzanine/loft level overlooks the living room & kitchen & makes for the perfect home office, TV or playroom or guest area. Head out the double doors to the incredible wrap around roof deck offering panoramic views of the mountains, the city, & the Hollywood sign! This home is not to be missed and will not last long!  Take a look at 2122harriman.com for more information, photos, details and more.

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

 

Filed Under: Redondo Beach, Redondo Beach homes for sale, Torrance CA real estate market Tagged With: keith kyle, north redondo beach homes, redondo beach homes for sale, redondo beach real estate, single family homes in redondo beach, vista sotheby's

Nice 2 Bedroom in the 55+ Building Of Village Court in

April 20, 2021 by Keith Kyle

Located in one of our favorite 55+ building in the neighborhood of Southwood Torrance, this newest listing is a nice 2 bedroom, 2 bath condowith approximately 1,210 square feet on the fourth floor.  Village Court, located at  21345 Hawthorne Blvd is one of the newest 55+ buildings in the South Bay having been built in 2005.  The complex has some luxury type amenities such as a beautiful pool area, bbq area, fitness center and billiards room.   Monthly HOA fees are around $420 for this unit and include water and trash.

Contact Torrance real estate specialist Keith Kyle for more information or to arrange a private showing.

21345 Hawthorne Blvd #429

Listing courtesy of Antonio Giordano – Britt Anvari CoastalPropertie

Filed Under: 55+ Homes in Torrance, Southwood, Torrance home prices, Torrance Real Estate, West Torrance homes 90503 Tagged With: 21345 hawthorne, 55+ condos, 55+ housing torrance, village court senior condos, village court torrance

How Can You Avoid Capital Gains Tax When You Sell Your Home in Torrance?

April 17, 2021 by Keith Kyle

Take a look for some basic information on the capital gains tax that homeowner can claim when selling their primary residence in the Torrance or surrounding area?.   If you’ve resided in your home for 2 of the past 5 years you can exclude up to $500,000 (for married couple….single person can exclude up to $250,000 of capital gains  when you sell.  Even better this can be done more than once!   Click to learn more.

Capital gains tax exclusion

Filed Under: Torrance Real Estate, Torrance Realtors Tagged With: capital gains tax, capital gains tax exclusion

Torrance Real Estate March 2021 Update – By the Numbers

April 12, 2021 by Keith Kyle

As this post is now older you can also see our March 2022 Torrance real estate market recap.

Welcome to the overview of the Torrance real estate market for March 2021.  It was a HUGE month for home sales with 133 homes closing esrow during the month with an additional 142 going into escrow meaning April will be even bigger.  Inventory of active listings was down to 74 and the median sold price was an impressive $923,000.  See how March compared with other months on our Torrance real estate trends and statistics page.

Search the current homes for sale in Torrance California

Filed Under: Buyers, Home Prices, Homes for Sale, Torrance CA real estate market, Torrance home prices, Torrance homes for sale, Torrance Real Estate, Torrance real estate trends, Torrance Realtors Tagged With: current homes for sale in torrance, torrance homes for sale, torrance real estate, torrance real estate market, torrance real estate trends

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