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 |
Luxury Location in the Hollywood Riviera
425 Paseo De La Playa Redondo Beach CA
Torrance is one of the more diverse cities in the South Bay when it comes to housing options. Some of the least expensive homes can be
found in Torrance as well as some of the most expensive. The highest prices are almost always found along the beachfront street known as Paseo De La Playa. 425 Paseo De La Playa has a Redondo mailing address but is actually serviced by the city of Torrance. While it’s hard to imagine a home can be a bit of a project at $12,000,000 the eventual buyer is likely to spend a healthy amount truly making this one of the more spectacular homes in the South Bay.
425 Paseo De La Playa is one of those rare legacy type homes. Perched on the bluffs above Torrance Beach, the home offers incredible and unblockable ocean views. The 28,000+ sq foot lot is unheard of in the South Bay and as with all of the homes along the west side of Paseo, the lots extend all the way to the beach, but this home has an enormous amount of land in front of the home as well. The gated entry and true estate feel make for endless possibilities.While this home is in need of some updating to truly make it a legacy home, the basics are all here.
Listing provided by John Tran and Martin Le of NextGen Team Realty
Wonderful Wilson Park in Torrance CA at 2200 Crenshaw
Torrance has an abundance of great parks but none really compare with the features and amenities of Wilson Park. It’s a sprawling patch of
beautiful green open space in the heart of Torrance and across the street from the complexes of Plaza Del Amo. Located at 2200 Crenshaw Blvd 90501 the aminities and facilities are as diverse as they come. About the only thing it’s missing is an aquatics center.
View the homes near Wilson Park
They certainly have the usual features…..playgrounds, fields, etcl, but it really is much more of a “recreation center” than a park. Some of the many things to do at Wilson Park include:
- Barbecues
- Basketball Courts
- Tennis Courts
- Paddle Tennis/Pickleball Courts
- Horseshoe Courts
- Sand Volleyball Courts
- Children’s Playground
- .91 mile Fitness Course
- Annenberg Tree House
- Electric Car Charging Stations
Also available to reserve:
- Picnic Areas
- Softball Diamonds
- Roller Hockey Rink
- Indoor Sports Center
- Outdoor Amphitheater
- Batting Cages
- Live Steamers ridable railroad
- Splash Pad (open April-December)
The park is just amazing with ample parking, playground areas, incredible and unique sports facilities, fields and more. What makes this so unique is some of the athletic areas unseen just about anywhere else. These include the usual softball, baseball, soccer fields and tennis and basketball courts but also include a roller hockey rink, futsal turf field, batting cages, a childrens summer water area and a small guage railroad offering actual rides!
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.
What’s Happening in North Torrance Real Estate?
Welcome to the market update for real estate in North Torrance. North Torrance is the neighborhood just off of Artesia Blvd just south of 
the homes of Lawndale CA and Gardena. This area has some of the more affordable single family home options compared with other parts of Torrance in some great neighborhoods. Some of the reason for homes being less expensive than in West Torrance and Southwood is A) it’s a bit further from the beach B) the neighborhoods are closer to commercial and industrial property so there are some great small streets but they’re generally not far from busier areas and C) the schools are still great but not quite as highly rated.
Not surprisingly given the coronavirus impacts, the number of homes for sale has gone up while the number of recent sales has dropped slightly (see chart showing the past 15 months)
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