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.
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throughout Torrance during the first month of 2021. There were 78 property sales in Torrance during the month which was the lowest number of home sales since last May when only 50 homes closed escrow. The median “asking” price of the homes that sold in January 2021 was $804,500 with the median “sold” price at $817,500 indicating a very solid “seller’s” market and meaning that most homes sold well over the asking price. The median price per foot of the homes that sold was $567. See how January home prices compare with previous months on our