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Torrance Real Estate Recap – May 2021 Overview

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What a month it was for real estate in Torrance CA with 117 homes, townhomes and condos closing escrow compared to only 48 in May of 2020.  Another 116 went into escrow during the month and these are huge numbers.  The only problem is that inventory isn’t keeping up and new active listings was way down with only 68 active listings.  The median sold price was an impressive $899,000 and sold homes averaged only 17 days on market before going into escrow.  See how it compares with other months on our Torrance real estate trends and statistice page.  Click here to view the homes that sold during the month.

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Luxury homes in Torrance

What are the Latest Real Estate Trends in Torrance?

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The story of the current market is that lots of homes are selling for big numbers but the inventory of active listings just aren’t keeping pace with the number of sales.  Without question it’s most definitely a seller’s market.

View the current homes for sale in Torrance

The chart below shows the number of active listings (light green) sold homes (dark green) and pending home sales (red line)  The increase in pending and sold homes is not tracked by any increase in new listings which has held steady.

The chart below shows the average price per square foot. Square footage in the South Bay often doesn’t mean as much as in other markets as values can vary so dramatically due to things such as proximity to the beach, views, specific neighborhoods.

The chart below shows the average days on market per month as well as the % of list price that homes sold at.  A high % indicates a sellers market as home sell at, or above list price.

The chart below shows the average price for listed home sales in relation to the average price for sold homes.

The chart below indicates the months of home inventory based on closed home sales.  Buyer’s market: more than 6 months of inventory  Seller’s market: less than 3 months of inventory  Neutral market: 3 – 6 months of  inventory

Torrance Real Estate March 2021 Update – By the Numbers

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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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Torrance Real Estate Recap – 2020 By the Numbers

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What a year it was for real estate and home sales in Torrance during 2020.

Without question it was a fantastic year for real estate, home sales and home prices in city of Torrance CA.   Here’s just a quick recap of some key numbers.  There were 1144 on market home sales during 2020 compared with 1204 in 2019.  The median sales price was an impressive $835,000.  Homes that sold only averaged 24 days on market before selling. The average price per foot for the year was $533.  For more detailed month by month stats see our Torrance real estate market trends and statistics page.

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See the Torrance Homes that Sold in October

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The real estate market in Torrance CA was once again a VERY active one in October. There were 122 on market home sales which is an extremely impressive number or the third straight month. The median “asking” prices of the homes that sold was $839,750 with the median “sold” price at $830,000 indicating a very solid “seller’s market”. The average price per foot was $545 and the average days on market (DOM) was an extremely short 19. If you’re considering selling your home in Torrance find out the value in todays market.

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October 2020 Home Sales and Prices in Torrance

Type Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
SFR/A 21221 Normandie AVE $580,000 $473.47 3/2,0,0,0 1225/A 1961/PUB 10/22/2020
SFR/D 22010 Normandie AVE $700,000 $382.51 4/2,0,0,0 1830/A 1978/ASR 10/14/2020
SFR/D 20903 Normandie AVE $760,000 $343.74 4/2,0,0,0 2211/A 1951/ASR 10/30/2020
SFR/D 1539 W 214th ST $777,000 $536.60 3/1,1,0,0 1448/A 1943/ASR 10/16/2020
SFR/D 20805 Normandie $875,000 $392.20 4/2,1,0,0 2231/A 2018/SLR 10/20/2020
CONDO/A 832 Coriander DR #F $290,000 $489.04 1/1,0,0,0 593/A 1973/PUB 10/20/2020
CONDO/A 23314 Sesame ST #L $295,000 $461.66 1/1,0,0,0 639/A 1973/ASR 10/22/2020
CONDO/A 21415 S. Vermont AVE #64 $308,000 $555.96 1/1,0,0,0 554/A 1990/ASR 10/20/2020
CONDO/A 21415 S Vermont AVE #60 $330,000 $595.67 1/1,0,0,0 554/A 1990/ASR 10/27/2020
CONDO/A 23306 Marigold AVE #W204 $384,000 $447.03 2/2,0,0,0 859/A 1973/ASR 10/21/2020
CONDO/A 23230 Sesame ST #10C $389,500 $462.59 2/1,0,1,0 842/A 1973/ASR 10/28/2020
CONDO 23208 SESAME ST #B $392,500 $466.15 2/1,0,1,0 842/A 1973 10/7/2020
CONDO/A 20553 S Vermont AVE #3 $410,000 $423.55 2/1,1,0,0 968/A 1982/ASR 10/30/2020
CONDO/A 946 W 220th ST #122 $425,421 $415.45 2/2,0,0,0 1024/A 1981/ASR 10/16/2020
CONDO/A 22228 S Vermont AVE #102C $480,000 $413.79 2/2,0,0,0 1160/A 1986/ASR 10/5/2020
CONDO/A 22228 S Vermont AVE #201C $485,000 $418.10 2/2,0,0,0 1160/A 1986/ASR 10/7/2020
TWNHS/A 22905 S Van Deene AVE $485,000 $435.76 3/1,1,0,0 1113/A 1974/ASR 10/13/2020
TWNHS/A 848 W 232nd ST $492,000 $400.65 3/2,0,0,0 1228/A 1974/ASR 10/20/2020
TWNHS/A 818 W 223rd ST #1 $534,400 $363.04 3/1,0,2,0 1472/A 1979/ASR 10/20/2020
SFR/D 1143 W 212th ST $555,000 $634.29 2/1,0,0,0 875/A 1954/ASR 10/28/2020
SFR/D 926 W 214th ST $680,000 $437.58 3/1,1,0,0 1554/A 1960/ASR 10/1/2020
SFR/D 1032 Oakwater ST $715,000 $416.18 3/2,0,0,0 1718/A 1966/ASR 10/29/2020
SFR 1055 W 228Th ST $775,000 $376.58 5/3,0,0,0 2058/A 2016 10/14/2020
SFR/D 1012 Oakwater ST $810,000 $344.10 4/1,2,0,0 2354/A 1966/ASR 10/23/2020
SFR/D 3441 Cricklewood ST $805,000 $725.88 3/1,0,0,1 1109/A 1951/ASR 10/1/2020
SFR/D 2765 Loftyview DR $948,500 $726.82 3/2,0,0,0 1305/A 1954/ASR 10/8/2020
SFR/D 24455 Winlock DR $950,000 $830.42 2/2,0,0,0 1144/A 1950/ASR 10/16/2020
SFR/D 25810 Skylark Dr $1,205,000 $587.52 4/2,0,1,0 2051/A 1954/ASR 10/6/2020
SFR/D 2916 Dalemead ST $1,375,000 $454.85 4/3,0,0,0 3023/A 1989/PUB 10/7/2020
COOP/A 3205 Merrill #16 $425,000 $293.10 2/1,1,0,0 1450/A 1963/ASR 10/7/2020
CONDO/A 3101 Plaza Del Amo #67 $638,000 $537.94 2/2,0,1,0 1186/A 1986/PUB 10/14/2020
TWNHS/A 2800 Plaza Del Amo #8 $641,000 $589.15 2/1,1,1,0 1088/A 1989/ASR 10/15/2020
TWNHS/A 2800 Plaza Del Amo #365 $643,000 $590.99 2/3,0,0,0 1088/A 1987/ASR 10/9/2020
TWNHS/A 3414 Del Amo BLVD $645,000 $386.23 4/1,1,1,0 1670/A 1974/ASR 10/7/2020
TWNHS/A 2800 Plaza Del Amo #482 $660,000 $556.96 2/3,0,0,0 1185/A 1987/ASR 10/8/2020
TWNHS/A 2800 Plaza Del Amo #76 $685,000 $629.60 2/1,1,1,0 1088/A 1989/ASR 10/6/2020
CONDO/A 2349 Jefferson ST #104 $685,000 $628.44 2/2,0,0,0 1090/E 2008/EST 10/14/2020
TWNHS/A 2577 Plaza Del Amo #719 $765,000 $501.31 2/1,1,1,0 1526/P 1987/ASR 10/7/2020
SFR/D 1028 Cerise AVE $800,000 $853.79 2/1,0,0,0 937/A 1951/ASR 10/13/2020
SFR/D 1116 Cranbrook AVE $810,000 $724.51 3/1,0,0,0 1118/A 1951/ASR 10/23/2020
TWNHS/A 1708 Elm AVE $830,000 $370.37 3/3,0,1,0 2241/A 1981/ASR 10/1/2020
TWNHS/A 2801 Sepulveda BLVD #90 $841,500 $465.17 3/2,0,1,0 1809/P 1994/PUB 10/15/2020
SFR/D 1730 Fern AVE $870,000 $701.61 3/1,0,0,0 1240/A 1951/ASR 10/16/2020
SFR/D 826 Patronella AVE $880,000 $602.33 3/2,0,0,0 1461/A 1951/ASR 10/15/2020
SFR/D 917 Faysmith AVE $900,000 $648.88 3/2,0,0,0 1387/A 1951/ASR 10/29/2020
SFR/D 3010 El Dorado ST $993,000 $524.56 3/1,1,0,0 1893/A 1957/ASR 10/21/2020
CONDO/A 23049 Nadine CIR #B $410,000 $431.58 1/2,0,0,0 950/A 1963/ASR 10/27/2020
CONDO/A 22736 Nadine CIR $515,000 $542.11 2/1,0,1,0 950/A 1963/ASR 10/16/2020
CONDO/A 22603 Nadine CIR $535,000 $472.20 2/2,0,0,0 1133/A 1963/PUB 10/2/2020
SFR/D 3406 W 225th ST $885,000 $797.30 3/1,0,0,0 1110/A 1953/ASR 10/21/2020
SFR/D 2625 W 231st ST $1,125,000 $470.32 4/3,0,0,0 2392/A 1964/ASR 10/22/2020
SFR/D 3603 W 225th ST $1,157,500 $620.64 4/3,0,0,0 1865/A 1956/ASR 10/19/2020
SFR/D 23132 Maple AVE $1,310,000 $522.33 3/4,0,0,0 2508/A 2000/ASR 10/14/2020
SFR/D 2949 W 226th ST $1,320,000 $552.76 4/3,0,1,0 2388/A 1963/ASR 10/9/2020
SFR/D 2730 W 234th ST $1,382,000 $513.95 4/2,1,1,0 2689/E 1965/ASR 10/19/2020
SFR/D 23030 Greenwood AVE $1,440,000 $407.59 4/3,0,0,0 3533/A 1980/ASR 10/23/2020
SFR/D 23603 Susana AVE $940,000 $737.83 2/1,0,1,0 1274/A 1954/ASR 10/20/2020
SFR/D 24660 Via Valmonte $1,500,000 $435.41 5/2,1,1,0 3445/A 1971/ASR 10/23/2020
CONDO/A 23930 Los Codona AVE #104 $430,000 $607.34 1/1,0,0,0 708/A 1970/ASR 10/23/2020
CONDO/A 24001 Neece AVE #10 $555,000 $473.15 2/2,0,0,0 1173/A 1980/ASR 10/22/2020
TWNHS/A 3919 W 226th ST $830,000 $468.93 3/2,0,1,0 1770/A 2008/ASR 10/23/2020
SFR/D 5125 Zakon RD $965,000 $720.15 3/2,0,0,0 1340/A 1949/ASR 10/20/2020
SFR/D 23828 Los Codona AVE $970,000 $482.11 3/2,0,1,0 2012/A 1996/ASR 10/2/2020
SFR/D 23303 Ocean AVE $1,135,000 $536.90 4/2,0,0,0 2114/AP 1965/ASR 10/20/2020
SFR/D 22623 Draille DR $1,175,000 $728.00 2/2,0,0,0 1614/A 1952/ASR 10/20/2020
SFR/D 23300 Audrey AVE $1,180,000 $463.29 4/3,0,0,0 2547/S 1966/PUB 10/15/2020
SFR/D 23447 Kathryn AVE $1,235,000 $611.08 4/2,0,0,0 2021/O 1962/ASR 10/20/2020
SFR/D 23308 Adolph AVE $1,250,000 $607.98 4/0,2,0,0 2056/A 1961/ASR 10/30/2020
SFR/D 5035 Avenue B $1,415,000 $724.90 3/2,1,0,0 1952/A 1952/PUB 10/28/2020
SFR/D 4704 Sepulveda BLVD $1,585,000 $319.56 6/2,3,0,0 4960/A 1991/EST 10/16/2020
SFR/D 22329 Redbeam Ave $1,640,000 $585.92 3/2,1,1,0 2799/A 2005/ASR 10/20/2020
TWNHS/A 1200 Opal ST #11 $750,000 $492.13 3/1,1,1,0 1524/A 1974/ASR 10/28/2020
SFR/D 5214 Torrance BLVD $860,000 $731.91 3/1,1,0,0 1175/A 1955/ASR 10/28/2020
SFR/D 5110 Lillian ST $882,000 $787.50 3/2,0,0,0 1120/A 1956/APP 10/5/2020
SFR/D 22001 Marjorie AVE $990,000 $578.95 3/1,1,0,0 1710/A 1956/ASR 10/6/2020
SFR/D 21805 Kent AVE $1,000,000 $572.08 4/2,0,0,0 1748/A 1956/ASR 10/7/2020
SFR/D 21513 Marjorie AVE $1,000,000 $672.04 4/2,0,0,0 1488/A 1956/PUB 10/14/2020
SFR/D 5506 Laurette ST $1,027,000 $680.13 3/1,2,0,0 1510/A 1955/ASR 10/21/2020
SFR/D 21230 Talisman ST $1,030,000 $671.01 3/2,0,0,0 1535/A 1956/ASR 10/26/2020
SFR/D 22036 Anza AVE $1,050,000 $750.00 3/2,0,1,0 1400/A 1956/PUB 10/29/2020
SFR/D 4638 Cathann ST $1,780,000 $494.31 5/3,0,1,0 3601/B 1999/ASR 10/16/2020
TWNHS/A 4461 Emerald ST $896,000 $410.44 3/2,0,1,0 2183/A 1982/ASR 10/23/2020
TWNHS/A 4308 Spencer ST $900,000 $305.08 3/3,0,1,0 2950/A 1989/ASR 10/2/2020
SFR/D 4909 Arvada ST $959,000 $547.37 3/1,1,0,0 1752/A 1954/ASR 10/30/2020
SFR/D 5614 WHITE CT $1,080,000 $720.48 4/1,1,0,0 1499/A 1959/ASR 10/8/2020
SFR/D 20620 Wood AVE $1,175,000 $640.68 4/2,0,0,0 1834/A 1961/ASR 10/22/2020
SFR/D 5206 Carmelynn ST $1,275,000 $465.67 5/3,0,0,0 2738/A 1955/ASR 10/8/2020
SFR/D 5551 Konya DR $1,300,000 $699.30 4/1,1,0,0 1859/A 1959/ASR 10/5/2020
SFR/D 5608 Konya DR $1,390,000 $1,038.86 3/1,1,0,0 1338/E 1959/ASR 10/22/2020
SFR/D 5513 White CT $1,502,000 $577.69 4/2,1,0,0 2600/A 1959/ASR 10/23/2020
TWNHS/A 3472 W 170th ST $540,000 $349.29 3/1,1,1,0 1546/A 1974/ASR 10/7/2020
TWNHS/A 3464 W 170th ST $570,000 $369.65 3/2,0,1,0 1542/A 1974/ASR 10/15/2020
TWNHS/A 3960 W 182nd ST $620,000 $530.82 2/2,0,1,0 1168/A 2003/ASR 10/16/2020
SFR/D 18530 Amie AVE $755,000 $735.15 3/1,0,0,0 1027/A 1955/ASR 10/22/2020
SFR/A 18413 Patronella AVE $780,000 $587.79 3/1,0,1,0 1327/A 1954/ASR 10/6/2020
SFR/D 4014 W 175th ST $830,000 $614.81 3/1,1,0,0 1350/A 1953/ASR 10/21/2020
SFR 16819 Elgar AVE $855,000 $643.83 3/2,0,0,0 1328/ 1954 10/20/2020
SFR/D 3625 W 181st ST $858,000 $437.76 4/1,1,0,0 1960/A 1953/ASR 10/9/2020
CONDO/A 1249 Ivy $699,000 $369.65 3/2,0,1,0 1891/A 2005/ASR 10/5/2020
SFR/D 2835 W 176th ST $757,000 $534.98 3/2,0,0,0 1415/A 1950/ASR 10/1/2020
SFR/D 2201 W 177th ST $759,000 $471.14 3/1,0,1,0 1611/A 1954/ASR 10/14/2020
SFR/D 2305 W 178th ST $811,000 $579.29 3/1,0,1,0 1400/A 1955/ASR 10/29/2020
SFR/D 17804 Manhattan PL $915,300 $521.54 4/2,0,0,0 1755/A 1969/ASR 10/6/2020
CONDO/A 1301 Cabrillo AVE #211 $400,000 $660.07 1/1,0,0,0 606/A 1993/ASR 10/7/2020
SFR/D 812 Crenshaw BLVD $550,000 $848.77 1/1,0,0,0 648/A 1946/ASR 10/16/2020
CONDO/D 1301 Cabrillo AVE #419 $590,000 $699.88 2/2,0,0,0 843/A 1993/ASR 10/7/2020
SFR/D 2367 Sonoma ST $720,000 $948.62 2/1,0,0,0 759/AP 1927/ASR 10/13/2020
TWNHS/A 1021 Cravens AVE #19 $750,000 $468.75 3/2,0,1,0 1600/A 2007/OTH 10/19/2020
SFR/D 816 Cota AVE $800,000 $921.66 3/1,0,0,0 868/A 1923/ASR 10/27/2020
SFR/D 2114 Martina AVE $875,000 $480.24 5/2,1,0,0 1822/A 1938/ASR 10/23/2020
DPLX/D 2224 Torrance BLVD $890,000 $395.73 5/2,1,1,0 2249/A 1941/PUB 10/9/2020
TWNHS/A 1800 Oak ST #414 $915,000 $450.74 3/3,0,0,0 2030/A 2007/ASR 10/8/2020
TWNHS/A 23418 Arlington AVE #9 $470,000 $472.84 2/1,0,1,0 994/A 1973/ASR 10/2/2020
SFR/D 24002 Huber AVE $825,000 $596.96 3/2,0,0,0 1382/A 1956/ASR 10/14/2020
SFR/D 2373 W 235th ST $913,500 $471.61 3/2,0,0,0 1937/A 1959/ASR 10/19/2020
SFR/D 1951 W 236th ST $955,000 $588.42 3/1,1,0,0 1623/A 1964/ASR 10/28/2020
SFR/D 2005 Middlebrook RD $993,000 $364.54 4/3,0,0,0 2724/AP 1947/ASR 10/1/2020
SFR/D 2367 W 229th PL $1,050,000 $403.23 5/3,0,0,0 2604/A 1964/ASR 10/19/2020
SFR/D 1937 W 236th ST $1,160,000 $404.46 5/3,0,1,0 2868/A 1999/ASR 10/8/2020
SFR/D 2343 W 239th ST $1,175,000 $370.20 5/2,1,1,0 3174/A 2000/ASR 10/21/2020
SFR/D 2345 W 235th PL $1,230,000 $394.48 5/3,0,0,0 3118/A 1963/ASR 10/14/2020

October Market Update – Hollywood Riviera Home Sales

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In most months the highest priced home sale or sales are in the Hollywood Riviera neighborhood.  While the area has aHollywood Riviera homes for sale Redondo Beach mailing address it’s actually located in the city of Torrance.

View all of the homes that sold in Torrance in October

There were 8 on market property sales and the homes that sold had a median “asking” price of $1,447,000 with a median “sold” price of $1,500,000 indicating a very favorable market for sellers. The average price per foot was $729 and the homes averaged 24 days on the market.

View the current homes for sale in the Hollywood Riviera

October Home Sales and Sold Prices in the Hollywood Riviera

Type Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
TWNHS/A 448 Palos Verdes Blvd $985,000 $619.11 3/1,1,1,0 1591/A 1978/ASR 10/7/2020
CONDO/A 213 Calle Mayor $1,050,000 $574.71 3/1,1,1,0 1827/A 1978/ASR 10/7/2020
SFR/D 329 Avenida Atezada $1,500,000 $1,053.37 3/2,0,1,0 1424/T 1952/ASR 10/1/2020
SFR/D 136 Via Los Miradores $1,889,000 $623.02 4/3,0,0,0 3032/A 1998/ASR 10/27/2020
SFR/D 503 Camino De Encanto $2,285,000 $1,099.09 4/1,2,0,0 2079/A 1955/ASR 10/5/2020
SFR/D 121 Via Alameda $2,750,000 $690.61 6/7,0,0,0 3982/A 2008/ASR 10/23/2020
SFR/D 24660 Via Valmonte $1,500,000 $435.41 5/2,1,1,0 3445/A 1971/ASR 10/23/2020