Many prospective home buyers are concerned with rising interest rates. While the Torrance interest rates in 2018 are still historically very low, the concern is justified. Higher interest rates mean reduced buying power. With every slight rise in interest rates, the monthly payment increases reducing the price of a home that a buyer can qualify for. See the chart below for an idea of how different interest rates impact monthly payment and what a buyer’s income needs to be to qualify.
In Escrow In One Week! 4171 w 172nd Street in North Torrance
4171 w 172nd Street, Torrance CA 90504 – Priced at $735,000
**update – this home has sold
This home boasts many impressive features, including a large open living and dining room with recessed lighting, hardwood floors, and sliders to the backyard and patio. The remodeled and spacious kitchen offers new granite counters, stainless steel appliances, ample cabinet space, roomy pantry, in kitchen breakfast area and opens to the living/dining areas. Two bright and beauitiful bedrooms sit off the front side of the home and share a beautifully remodeled full bathroom. The master bedroom addition is a spacious retreat with sliding doors to the backyard and private patio. The master suite offers walk-in closets, recessed lighting, a large master bath with tiled flooring, a beautiful shower and dual sinks. Enjoy the great year round weather in the landscaped grass back yard filled with flowers, fruit trees, and is ready for entertaining in the spacious patio area. See additional homes for sale in North Torrance
- 3 bedrooms, 2 bathrooms
- 1,375 square feet
- remodeled throughout
- Grassy front and rear yards
The property located in a great neighborhood of Torrance with easy access to shopping, dining, freeways, the beach and a short distance to the South Bay Galleria.
Welcome home! This home is as charming on the inside as it is on the outside. From the wonderful curb appeal and the great location, to the upgrades and enhancements, it has it all. Drive up the tree lined street and pull up to a beautifully landscaped front yard and shaded front porch in a friendly neighborhood atmosphere. From the moment you enter you’ll notice the open and bright interior with a flexible floorplan to fit every lifestyle. For more information call/text us at 310.251.2344 or email at keith@keithkylehomes.com. We would be happy to set up a tour of the home.
Website for Old Torrance Real Estate and Homes for Sale
If you’re looking for a home in the Old Torrance area of Torrance CA, we’ve created a website to give you real estate information specific to this charming and historic part of town. Old Torrance Homes.com has everything real estate.
See information on current homes for sale in Old Torrance, sellers can find the value of their homes, search the MLS and see blog posts for this unique area.
Beautiful Single Family Home Coming Soon to North Torrance
New listing coming in 2018. This fantastic 3 bedroom 2 bath home with almost 1400 square feet has been updated throughout and offers an open floorplan that’s perfect for today’s home buyer. This home offers many impressive features, including a large open living and dining room with recessed lighting and hardwood floors. The remodeled kitchen has quartz counters, great cabinet space ,pantry, breakfast area and stainless steel appliances. The oversized master bedroom features walk-in closets, recessed lighting, newer carpet, direct yard access throuogh the sliders, and a spacious master bath with custom tile, dual vanities and more. Head through the sliding doors, and enter a beautifully landscaped back yard filled with flowers, grassy yard, fruit trees, and spacious patio that is ready for entertaining friends and family. The property located in the great neighborhood area of Torrance with easy access to shops and freeways and walking distance to the famous Galleria Shopping mall. Contact Torrance listing agent Keith Kyle for more information.
October 2017 Torrance and South Bay Home Sales
October 2017 was a big month for home sales in Torrance with 127 closed sales. Median home prices through all of Torrance CA was $675,000 which was slightly under 7% gain over October 2016. The Torrance market has been extremely busy with prices continuing to rise. The rest of the South Bay saw a mix of year over year increases and decreases. See the Torrance homes that sold in October
City | Homes Sold | October 2017 Median | October 2016 Median | Year over Year % Change% |
Carson | 58 | $495,000 | $455,000 | 8.8% |
El Segundo | 19 | $875,000 | $925,000 | -5.4% |
Gardena | 43 | $545,000 | $490,000 | 11.2% |
Harbor City | 17 | $510,000 | $4145,000 | 23% |
Hawthorne | 50 | $578,000 | $540,000 | 6.9% |
Hermosa Beach | 21 | $1,414,000 | $2,038,000 | -30.6% |
Lawndale | 21 | $505,000 | $411,000 | 23% |
Lomita | 17 | $575,000 | $580,000 | -.9% |
Long Beach | 322 | $525,000 | $475,000 | 10.5% |
Manhattan Beach | 28 | $2,875,000 | $2,250,000 | 27.8% |
Marina Del Rey | 25 | $979,000 | $1,150,000 | 14.9% |
Palos Verdes Estates | 30 | $1,600,000 | $1,825,000 | -12.3% |
Play Del Rey | 16 | $665,000 | $635,000 | 4.8% |
Rancho Palos Verdes | 47 | $1,265,000 | $1,250,000 | 1.2% |
Redondo Beach | 72 | $1,105,000 | $878,000 | 25.8% |
San Pedro | 69 | $530,000 | $588,000 | -9.8% |
Torrance | 127 | $675,000 | $632,000 | 6.9% |
Westchester | 38 | $1,089,000 | $1,050,000 | 3.7% |
Torrance Real Estate Statistics
Information is critical in real estate and the right information can help you determine where the market has been and where the market is heading. See the various charts below to view some important real estate statistics such as average sales price in Torrance, number of active v pending listings, etc.
Median Home Prices in Torrance
Number of active Listings
Number of Pending Home Sales
Number of Closed Sales
Median Price Per Foot
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