It’s been clear for months that the inventory of “active” listings in the South Bay and Torrance has slowly been declining. Each month both closed home sales and new escrows are at peak numbers but “new” listings just can’t keep up with the seemingly never ending demand.
As of 11/25 there are only 51 active listings on the MLS in all of Torrance which is pretty amazing. Last October there were 88 homes for sale which was historically lower than normal. This is definitely not good news for Torrance home buyers and is certainly not going to help with the housing crunch and unceasing demand. See the Torrance real estate trends over the past 15 months to see just how low that is in comparison.
Current Homes for Sale in Torrance
Click any MLS number above for details and photos of the home.
See how it compares with other months on our
in 1953 but a down to the studs remodel and expansion was done in 2014. The home offers just under 3,000 square feet and sits on a 5,456 square foot lot. The home is priced at $1,649,000.
Bay’s biggest city with a pretty amazing 124 on market home sales. The average list price was $922,709 with the average sales price of $978,940 meaning homes sold WAY above the asking price. Homes averaged a very brief 13 days on market before going into escrow and the average price per foot was $656.