Home Prices Archives – Torrance real estate and homes for sale

Search Torrance Homes for Sale by Neighborhood

March 21, 2019 by Keith Kyle

We hope that our neighborhood search page allows you to focus on just the areas you’re interested in. Torrance has some great neighborhoods and housing options and we hope that searching for specific areas makes that search easier. You can also search for Torrance homes by price range.

Want an easier way? Tell us a bit about your dream home and we’ll customize a search and send you daily listing alerts for homes that match what you’re looking for.

Search Torrance Homes for Sale by Neighborhood


Search all Torrance Homes	West Torrance 90503	Southwood 90503

Hollywood Riviera 90277	Central Torrance 90503	South Torrance 90505

Walteria & Victoria Knolls 90505	North Torrance 90504	Old Torrance 90501

South East Torrance 90501 & 90505	Harbor Gateway & County Gateway	Plaza Del Amo

Seaside Ranchos South Torrance	Single Family Homes	Condos and Townhomes

Multi-Unit Investment – Duplexes	55+ Senior Condos and homes	Torrance Real Estate Map

Search Neighborhoods on Our Torrance Real Estate Map

New Real Estate Website For The Gated Communities of Plaza Del Amo

February 7, 2019 by Keith Kyle

We’re proud to announce the launch of our Plaza Del Amo website dedicated to the gated communities in this charming pocket of Torrance. You can learn about each of the communities to see current homes for sale, recent home sales, home sizes, amenities and more.

Vist Plaza Del Amo real estate for information specific to each community.


Plaza Del Amo Homes for Sale	FREE Listing Alerts	What’s Your Home Worth?

Springwood	South Bayport	Chatelaine

Summer Wind	Windemere	Windsong

Park Plaza Estates	The Breakers	La Terraza

The Verdi Collection	Hickory Park	Plaza Verde

Belmar	The Village on Oak	The Bungalows

Torrance Real Estate Recap – 2018 Year in Review

January 15, 2019 by Keith Kyle

By Keith Kyle

2018 was a banner year for real estate in Torrance CA. Demand was extremely high and prices continued to rise throughout the year with a slight drop towards the winter months which is not unusual. The number of homes for sale really ramped up after spring from a low of 76 homes on the market in January to a high of 167 homes for sale in July. There were 1,195 residential “on market” home sales in Torrance for the year. These statistics do not include the homes in the Hollywood Riviera with Redondo mailing address but actually in Torrance.

Homes Selling At or Above Asking Price

One extremely impressive indicator of just how strong the market remained through the year was the % difference between list price and sold price (how close the sellers were to full asking price). In seven of the months the average home sold at, or above the average list price and in the remaining 5 months they were within a percent or 2 of full list price. That’s a sign of an extremely seller friendly market.

See the current homes for sale in Torrance

Days on Market Very Low

Another solid indicator was the average days on market with only topped 30 days once….in January of 2018. Median prices for the year generally overed between $700,000 and $800,000.

Date	January	February	March	April	May	June	July	August	September	October	November	December
For Sale	76	78	88	111	144	149	167	165	149	164	165	119
New Listing	94	104	121	147	147	163	162	146	110	136	103	59
Sold	59	52	97	95	110	115	131	135	112	112	97	74
Pended	72	86	104	107	113	135	124	136	95	101	85	85
Avg. Active Price	$757.000	$749.000	$815.000	$820.000	$814.000	$780.000	$819.000	$809.000	$ 803.000	$771.000	$727.000	$724.000
Avg. Sold Price	$714.000	$739.000	$709.000	$739.000	$806.000	$747.000	$715.000	$721.000	$765.000	$744.000	$735.000	$766.000
Avg. Sq. Ft. Price (Sold)	488	484	484	483	503	504	482	495	497	469	495	494
Sold/List Diff. %	100	101	102	102	102	101	101	100	100	99	99	100
Sold/Orig LP Diff. %	99	100	101	101	102	101	100	99	100	98	98	98
Avg Days on Market	34	26	22	22	19	20	23	21	25	30	27	29
Median Sold Price	700,000	705,000	690,000	740,000	800,000	732,000	695,000	735,000	743,000	716,000	710,000	758,000

State of the Torrance Real Estate Market Heading into 2019

December 20, 2018 by Keith Kyle

**See updated information on 2020 real estate in Torrance

Torrance is far more than one uniform real estate market. With neighborhoods that range from sub $500,000 to homes in the multi millions, each area has it’s own localized market.

Visit Torrance Real Estate for more information on the community and market in Torrance CA

In general the real estate market seems to be slowing down heading into 2019. Demand is cooling with higher interest rates and a fairly regular slow down this time of year when people are busy with the holidays.

According to Torrance realtor Keith Kyle, “It’s clear that the market is cooling off as there has been an increase in new listings coupled with fewer sales and homes going into escrow since summer.” The chart above shows that the number of active listings has held pretty steady between 150 and 170 since summer, but the number of sold homes as well as new escrows has continued to decrease. If this trend continues the market will shift more in favor of buyers and less in favor of sellers. It’s clearly been a sellers market over the past few years.

The chart below shows the upward trend over the past few months with avarage “months of inventory” of unsold homes on the rise.

Schools are Very Important to the Torrance Real Estate Market

November 27, 2018 by Keith Kyle

It’s no real secret that good schools help drive real estate values in certain neighborhoods and communities. Buyers with kids want to be in Torrance High School areas with good schools and that higher demand helps keep values up. Even those without kids greatly benefit from a strong school system. The stronger the schools the more insulated a market is from any downturns. That was very evident in Redondo Beach that saw home prices drop during the recession and housing crisis, but only a very small amount compared with other local areas that do not have as strong a school system.

A recent CAR study showed that 47% of home buyers said good schools were very importan, 23% said that they were somewhat important, 11% said not very important and 19% said that it was not important at all.

The 19% may not realize just how much of an influence schools play on values and demand. Good elementary schools are often part of a good community and without question most buyers would like to live in a good community.

The Torrance Unified School District is highly ranked and that creates a very high demand, especially for families thinking of living in this coastal community.

The study also conclued that 43% of consumers age 34 or under believe highly rated schools are very important. 58% of consumers earning more than $100,000 a year think that highly rated schools are very important.

Historical Interest Rates since 1972

August 13, 2018 by Keith Kyle

Many Torrance CA buyers are concerned with interest rates rising with the Fed making it clear that rates will slowly increats. That’s certainly a valid concern for potential Torrance homebuyers as a higher interest rate means a higher monthly payment which most often means a lower priced home. Taken in historical standpoint the current rates are dramatically lower than at just about any other time. The chart below shows the interest rate on conventional and conforming 30 year fixed rate mortgages. As we’ll see we’ve basically seen rates drop consistently since the high water mark of 16.3% in 1981. It certainly makes todays current rate in the mid 4% range seem pretty enticing.