Welcome to the real estate recap for February 2022
The Torrance real estate market was certainly slower in February with only 71 homes selling during the month which was down quite a bit from normal. Hoomes sold at a median sales prices of $916,000 and averaged only 14 days on the market before selling. See how that compared with other months on our Torrance real estate trends and statistics page.
View the Torrance homes that sold in February including addresses, prices, details and more
Search the current homes for sale in Torrance
spacious 8,565 sq foot lot, the home offers impressive indoor and outdoor areas in one of the most sought after neighborhoods in all of the South Bay.
during February. We saw 76 on MLS closed home sales which was a big drop from December in which there were 111 sold homes but a slight uptick from the 73 closed sales in January.
that closed escrow with only 75 on market home sales. This was not unexpected as the number of homes that went pending in December was very low. It was not an indication that the market is slowing at all and actually was due to the record low inventory of homes for sale towards the end of 2021. The median sales price was $915,000 and homes averaged a very brief 20 days before going into pending status.