Here’s a quick overview of the real estate market in Torrance CA for August. It was a HUGE month with 122 home sales during the month which was equal to a several year high water market. Homes only averaged 24 days on the market before selling. The median home price was $877,000. View all of the homes that sold in Torrance during August.
Q2 Market Stats – Torrance Real Estate At a Glance
Take a quick glance at the real estate stats for the 2nd quarter in Torrance. In Q2 there were 225 sales which was considerably lower than the 325 in the same span during 2019. The other numbers were impressive however….the median sales price for closed homes was $822,000 and days on market was only 26.
May 2020 – Real Estate Recap for Torrance
Welcome to our real estate recap for Torrance. This is just a brief overview of the market for the month. The number of homes that sold had a huge drop going from 123 closed home sales in May of 2019 to only 49 in May of 2020. The good news is that home prices were solid with a median sales price of $786,000 and an average price per foot of $514. The homes that sold averaged only 20 days on market. View a list of the homes that sold over the past month.
View the current homes for sale
A Good Sign for Torrance Real Estate Market
The real estate market in Torrance has taken a hit lately, just as everywhere else. Home prices have been very solid but home sales dropped significantly over the past 2 months. That may be reversing course in a big way. While home sales dropped to 49 in May pending sales more than doubled from April so we may be back on track quicker than anticipated.
Torrance CA Home Sales and House Prices for May
The real estate market numbers are in for May and they paint a very interesting picture. The number of home sales during the month was way down with only 49 total on market closed escrows. Compare that with 123 home sales in May of 2019 and it’s hard to dispute that the concerns and uncertainties of the coronavirus hasn’t had a major impact. That being said the prices were very impressive indicating a very strong seller’s market.
The median list price was $789,900 while the median sold price was $810,000 meaning that most homes sold well higher than the list or asking price. Average price per foot was $527.14. The average days on market was 40 before going into escrow while the median days on market was a very short 10 days.
View the current Torrance homes for sale
May 2020 Home Sales and House Prices for Torrance
MLS# | Type | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | Sold Date | |
PW20061930 | TWNHS/A | 1520 W | 227th ST #6 | $497,500 | $371.27 | 3/2,0,1,0 | 1340/A | 2007/PUB | 5/1/2020 |
SB20042729 | SFR/D | 1565 W | 220th ST | $685,000 | $526.92 | 3/2,0,0,0 | 1300/P | 1944/PUB | 5/12/2020 |
CV20030647 | SFR/D | 1410 | Torrance BLVD | $690,000 | $403.51 | 3/2,0,0,0 | 1710/A | 1956/ASR | 5/4/2020 |
SW20013553 | SFR/D | 21315 S | Normandie AVE | $906,990 | $476.36 | 4/3,0,0,0 | 1904/B | 2019/BLD | 5/18/2020 |
SB20052637 | CONDO/A | 838 | Coriander DR #D | $290,000 | $453.83 | 1/1,0,0,0 | 639/P | 1973/PUB | 5/29/2020 |
SB19277187 | CONDO/A | 23312 | Marigold AVE #T204 | $410,000 | $384.62 | 3/2,0,0,0 | 1066/A | 1973/ASR | 5/1/2020 |
SB20050583 | SFR/D | 20811 | Doble AVE | $630,000 | $484.62 | 3/2,0,0,0 | 1300/A | 1960/ASR | 5/1/2020 |
SB20072389 | SFR/D | 21312 | Payne Ave | $635,000 | $490.35 | 3/2,0,0,0 | 1295/A | 1960/ASR | 5/27/2020 |
20561844 | TWNHS | 3090 | Newton ST | $810,000 | $437.37 | 2/2,0,1,0 | 1852/ | 2003 | 5/15/2020 |
PV20039796 | TWNHS/A | 3922 W | 242nd ST | $861,000 | $570.58 | 3/2,0,0,1 | 1509/B | 2020/BLD | 5/22/2020 |
PV20016706 | TWNHS/A | 3918 W | 242nd ST | $935,000 | $598.21 | 3/3,0,0,0 | 1563/B | 2020/SLR | 5/7/2020 |
SB19234953 | TWNHS/A | 3534 | Emerald ST | $475,000 | $599.75 | 2/1,0,0,0 | 792/A | 1985/ASR | 5/15/2020 |
SB20047379 | COOP/A | 3115 | Merrill DR #44 | $485,000 | $309.51 | 3/1,1,0,0 | 1567/E | 1963/PUB | 5/13/2020 |
SB20023026 | CONDO/A | 1745 | Maple AVE #45 | $576,000 | $338.82 | 3/2,0,0,0 | 1700/T | 1963/ASR | 5/5/2020 |
SB20056313 | TWNHS/A | 2595 | Plaza Del Amo #420 | $743,000 | $519.94 | 2/2,0,1,0 | 1429/A | 1987/ASR | 5/4/2020 |
SB20033195 | TWNHS/A | 3468 | Del Amo BLVD | $757,300 | $453.47 | 4/2,0,1,0 | 1670/A | 1974/ASR | 5/6/2020 |
SB20057470 | SFR/D | 1316 | Cordary AVE | $854,000 | $540.51 | 3/1,1,0,0 | 1580/A | 1951/PUB | 5/29/2020 |
SB20018489 | SFR/D | 4902 | Pacific Coast | $989,000 | $658.89 | 3/0,2,0,0 | 1501/A | 1953/ASR | 5/6/2020 |
SB20067312 | SFR/D | 4817 | Zakon RD | $900,000 | $777.20 | 3/1,0,1,0 | 1158/A | 1956/ASR | 5/12/2020 |
SB20028943 | SFR/D | 5133 | Macafee RD | $928,000 | $705.70 | 3/1,1,0,0 | 1315/S | 1949/ASR | 5/20/2020 |
SB19274713 | SFR/D | 24005 | Los Codona AVE | $935,000 | $377.02 | 4/3,0,1,0 | 2480/A | 2001/ASR | 5/1/2020 |
SB20053113 | SFR/D | 23003 | Evalyn AVE | $945,000 | $624.59 | 3/2,0,0,0 | 1513/A | 1954/ASR | 5/6/2020 |
OC20068314 | SFR/D | 4146 W | 229th ST | $950,000 | $564.13 | 4/3,0,0,0 | 1684/E | 1968/ASR | 5/29/2020 |
PV20055168 | SFR/D | 4418 W | 233rd ST | $1,140,000 | $583.42 | 4/2,0,0,0 | 1954/A | 1960/ASR | 5/1/2020 |
SB20076678 | SFR/D | 23202 | Ladeene AVE | $1,150,000 | $608.47 | 4/2,0,0,0 | 1890/A | 1960/ASR | 5/27/2020 |
SB20078065 | CONDO/A | 5500 | Torrance BLVD #C231 | $647,500 | $506.25 | 3/2,0,0,0 | 1279/A | 1990/ASR | 5/29/2020 |
SB20068601 | SFR/D | 4302 | Lenore ST | $850,000 | $673.00 | 4/2,0,0,0 | 1263/A | 1956/ASR | 5/29/2020 |
IV20053830 | SFR/D | 21301 | Marjorie AVE | $900,500 | $496.96 | 3/1,2,0,0 | 1812/P | 1956/PUB | 5/13/2020 |
SB20058366 | SFR/D | 21601 | Redbeam AVE | $915,000 | $624.15 | 4/2,0,0,0 | 1466/A | 1955/PUB | 5/1/2020 |
SB20064702 | SFR/D | 4636 | Bulova ST | $815,000 | $732.91 | 3/1,0,0,0 | 1112/A | 1954/ASR | 5/5/2020 |
SB20057420 | SFR/D | 19517 | Beckworth AVE | $830,000 | $750.45 | 3/1,0,0,0 | 1106/A | 1955/ASR | 5/13/2020 |
SB20048503 | TWNHS/D | 4126 | Spencer ST | $878,000 | $485.62 | 3/2,0,1,0 | 1808/A | 2004/ASR | 5/18/2020 |
SB20089850 | SFR/D | 5129 | Towers ST | $889,000 | $694.53 | 3/1,0,0,0 | 1280/A | 1954/ASR | 5/29/2020 |
SB20056899 | SFR/D | 5618 | Sara DR | $1,331,000 | $577.44 | 4/2,1,1,0 | 2305/A | 1959/ASR | 5/12/2020 |
DW20075598 | SFR/D | 3424 W | 182nd ST | $544,000 | $451.45 | 3/2,0,0,0 | 1205/A | 1956/ASR | 5/29/2020 |
SB20066595 | SFR/D | 17002 | Glenburn AVE | $700,000 | $650.56 | 3/1,0,0,0 | 1076/A | 1948/PUB | 5/20/2020 |
SB20063842 | SFR/D | 4038 W | 176th ST | $767,600 | $510.71 | 3/0,2,0,0 | 1503/A | 1952/ASR | 5/8/2020 |
SB20073281 | SFR/D | 4315 W | 176th ST | $830,000 | $484.25 | 3/2,0,1,0 | 1714/A | 1952/ASR | 5/21/2020 |
MB20075692 | SFR/D | 21319 | Berendo AVE | $530,000 | $409.27 | 3/2,0,0,0 | 1295/A | 1959/ASR | 5/15/2020 |
SB20061751 | SFR/D | 16107 | Van Ness AVE | $665,000 | $449.93 | 4/1,1,0,0 | 1478/A | 1956/ASR | 5/14/2020 |
PW20068122 | SFR/D | 1948 W | 187th PL | $693,000 | $550.00 | 3/1,1,0,0 | 1260/A | 1958/ASR | 5/19/2020 |
SB20037460 | SFR/D | 17315 | Atkinson AVE | $717,000 | $616.51 | 3/2,0,0,0 | 1163/A | 1947/ASR | 5/7/2020 |
SB20063236 | SFR/D | 18312 | Wilton PL | $875,000 | $538.79 | 3/2,0,0,0 | 1624/A | 1962/ASR | 5/22/2020 |
SB20048696 | SFR/D | 2139 | Del Amo BLVD | $775,000 | $394.20 | 5/3,0,0,0 | 1966/A | 1996/ASR | 5/19/2020 |
SB20072657 | CONDO/A | 22734 | Cypress ST | $615,000 | $447.60 | 3/3,0,0,0 | 1374/A | 1974/ASR | 5/29/2020 |
SB20074635 | SFR/D | 1719 W | 239th ST | $747,000 | $576.39 | 3/2,0,0,0 | 1296/A | 1956/ASR | 5/27/2020 |
SR20074960 | SFR/D | 23811 | Huber AVE | $780,000 | $601.85 | 3/2,0,0,0 | 1296/A | 1956/ASR | 5/27/2020 |
PV20077152 | SFR/D | 2359 W | 230th ST | $879,000 | $407.13 | 4/2,0,0,0 | 2159/T | 1971/ASR | 5/28/2020 |
PW20042087 | SFR/D | 2217 W | 234th ST | $1,155,000 | $340.71 | 4/3,0,0,0 | 3390/A | 1991/ASR | 5/8/2020 |
Torrance Real Estate Market Update – At a Glance
Welcome to our quick real estate recap for April. Torrance definitely saw a drop in the number of home sales during the month with 81 closed home sales compared with 99 a year earlier. Compared with many other cities that saw almost a 50% drop from the year earlier this wasn’t bad at all. The average days on market was a very speedy 24 compared with 37 in 2019. The median sales price was $792,0000 and the average price per foot was $503. See more details in our full Torrance real estate trends and statistics area. See also the Torrance homes that sold in April.
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