Torrance real estate and homes for sale

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New Real Estate Website for Home Buyers and Sellers in the Hollywood Riviera

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With the individual real estate markets in the South Bay being so diverse and specialized, the larger real estate sites and portals just can’t focus on specific neighborhoods.  We are proud to announce the Hollywood Riviera real estate website www.HomesinHollywoodRiviera.com which will provide home buyers and sellers insight into this localized market.   From the current homes for sale and MLS listings, to determining the value of homes in the area, to finding realtors that specialize in the real estate market of the Hollywood Riviera, we hope the site is an invaluable resource for all things real estate in this wonderful coastal community.

Hollywood Riviera homes for sale.com

When Days on Market Doesn’t Necessarily Represent the Days on Market

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By Keith Kyle

I’m sure most MLS systems are different but here in the South Bay the days on market on the CRMLS can be a bit misleading.  Many buyer and agents use days on market as a negotiating tool….the longer the home has been on the market, the more leverage the buyer has to come in low or negotiate other favorable terms.

The problem is that days on market doesn’t always indicate just how long the home has been available and is not necessarily indicative of “active” status.  As realtors when our clients accept an offer we have the option of changing the status to “pending” or “active under contract”.  Pending stops the days on market from accruing, but active under contract does not.  A home can go into escrow on day one, change the status to active under contract (again meaning it’s in escrow) and if it falls out of escrow 20 days later the days on market for the home will show 20.  It’s very misleading as the home has not been available for those 20 days and now puts the seller and listing agent at a disadvantage…..even though it sold the first day.

The other aspect that leads to misinformation is that with this days on market accruing on many home, it does not allow for an accurate picture of the market.  For instance a certain area of town or city itself may show an average days on market for a certain month to be one thing….when many of those homes were not actually available.  It may show days on market at 45 when the reality is that the homes in the community actually go into escrow after 30.

It’s a problem that needs to be addressed as it can change perceptions….both on an individual home and the market in general.

Torrance Home Sales and Housing Prices for November 2016

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By Keith Kyle

Torrance, CA posted some solid home sales numbers in November 2015 with a very healthy 112 homes selling at a median price of $656,000 which was up considerably over November of the previous year.  To see the home sales in Torrance click here.  Torrance is one of the largest cities in the South Bay with a very diverse housing market.

City Homes
Sold		 November
2016 Median		 November
2015 Median		 Year
over Year % Change%
Carson 54 $450,000 $420,000 7%
El Segundo 14 $816,000 $1,171,000 -30.3%
Gardena 44 $504,000 $413,000 22%
Harbor City 9 $523,000 $404,000 29.5%
Hawthorne 37 $575,000 $520,000 10.6%
Hermosa Beach 17 $1,380,000 $1,625,000 -15%
Lawndale 8 $393,000 $521,000 -24.6%
Lomita 6 $473,000 $535,000 -11.6%
Long Beach 298 $490,000 $435,000 12.6%
Manhattan Beach 38 $1,863,000 $1,831,000 1.7%
Marina Del Rey 21 $955,000 $945,000 1.1%
Palos Verdes Estates 25 $1,550,000 $1,675,000 -7.5%
Playa Del Rey 20 $658,000 $612,000 7.5%
Rancho Palos Verdes 47 $1,088,000 $945,000 15.1%
Redondo Beach 75 $900,000 $855,000 5.3%
San Pedro 58 $515,000 $485,000 6.3%
Torrance 112 $656,000 $585,000 12.1%
Westchester 32 $943,000 $892,000 5.7%

See the Torrance Sold Homes for September 2016

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September was a strong month for home sales in Torrance CA and the South Bay.  Click any link below to see a list of the homes that sold that month or visit our recent South Bay home sales page to see any month and any city in the area.  We hope that the information is helpful and please do not hesitate to contact us for any of your real estate needs.

 September 2016 Home Sales

Home Type Address Price Beds/Baths Sq Feet
TWNHS/A 1445 W 224th ST #3 $418,000 3/3,0,0,0 1650/B
SFR/D 1455 W 218th ST $450,000 4/2,0,0,0 1406/A
SFR/D 1540 W 223rd ST $480,000 4/2,0,0,0 1600/P
SFR/D 1424 Plaza Del Amo $505,000 3/1,0,0,0 1096/A
SFR/D 20943 Denker AVE $520,000 3/2,0,0,0 1302/A
SFR/D 1333 Songbird WAY $520,000 4/2,1,1,0 2050/A
CONDO/A 20434 Vermont AVE #70 $235,000 1/1,0,0,0 656/A
CONDO/A 800 Coriander DR #R $303,000 2/2,0,0,0 829/A
CONDO/A 20551 S Vermont AVE #4 $319,500 2/1,1,0,0 968/A
CONDO/A 21830 S Vermont AVE #6 $351,000 3/2,0,0,0 1063/A
TWNHS/A 22919 Mariposa AVE #710 $439,000 3/1,2,0,0 1407/AP
SFR/D 22014 Meyler ST $463,000 3/1,1,0,0 960/A
SFR/D 932 W 214th ST $468,000 3/1,1,0,0 1332/A
SFR/D 22702 S Van Deene AVE $470,000 3/2,0,0,0 1528/A
SFR/D 1084 Park Circle DR $489,000 2/2,0,1,0 1520/A
SFR/D 21308 Berendo AVE $530,000 3/1,1,0,0 1215/A
SFR/D 1161 Levinson ST $549,500 3/2,0,0,0 1543/A
SFR/D 22338 Alexandria AVE $580,000 3/2,0,0,0 1114/A
SFR/D 1021 Gian DR $629,000 4/3,0,0,0 2357/A
SFR/D 3241 Cricklewood ST $687,000 3/1,0,0,0 1067/A
SFR/D 2412 NEARCLIFF ST $775,000 3/1,1,0,0 1439/B
TWNHS/D 25262 Denny RD $827,000 4/3,0,0,0 2192/A
SFR/D 24237 Park ST $830,000 3/1,1,1,0 2148/A
SFR/A 2919 Oakwood LN $920,000 3/2,0,1,0 2010/A
SFR/D 3037 Windmill RD $960,000 3/3,0,0,0 2028/A
CONDO/A 3230 Merrill DR #64 $442,000 2/2,0,0,0 1243/A
TWNHS/A 2800 plaza del amo #424 $550,000 2/3,0,0,0 1185/A
TWNHS/A 2971 PLAZA DEL AMO #216 $575,000 2/2,0,1,0 1186/A
CONDO/A 2349 Jefferson ST #415 $586,000 2/2,0,0,0 1090/A
TWNHS/A 2621 Plaza Del Amo #510 $635,000 2/2,0,1,0 1526/A
SFR/D 1628 Greenwood AVE $645,000 3/1,0,0,0 1122/AP
CONDO/A 2300 Maple AVE #82 $680,000 3/3,0,0,0 1721/A
SFR/D 826 Teri AVE $785,000 3/2,0,0,0 1317/A
SFR/D 3651 Sara DR $800,700 3/2,0,0,0 1841/A
TWNHS/D 2935 W Carson ST #A $810,000 4/3,0,0,0 2864/A
SFR/A 1638 Maple AVE $908,800 5/2,1,0,0 2498/E
SFR/D 3246 El Dorado ST $1,000,000 4/3,0,0,0 3065/A
CONDO/A 22913 MAPLE AVENUE #B $380,000 2/1,1,0,0 1117/A
CONDO/A 22941 Nadine CIR #A $410,000 2/1,0,1,0 950/A
CONDO/A 22719 Maple AVE #B $425,000 2/1,0,1,0 950/A
CONDO/A 23022 Nadine CIR $449,000 2/1,0,1,0 950/A
CONDO/A 22947 Nadine CIR #A $460,000 2/1,1,0,0 1117/A
SFR/D 22313 Madison ST $575,000 4/2,0,0,0 1863/A
SFR/D 2662 W 230th PL $810,000 4/2,0,0,0 1944/A
SFR/D 3421 W 229th ST $830,000 3/2,0,0,0 1527/A
SFR/D 2634 W 231st ST $850,000 3/2,0,0,0 1539/A
SFR/D 23220 Juniper AVE $919,000 4/3,0,0,0 2298/A
SFR/D 22703 Juniper AVE $938,000 3/3,0,0,0 2477/A
SFR/D 22919 Juniper AVE $980,000 4/3,0,0,0 2238/A
SFR/D 2554 W 233RD ST $985,000 4/4,0,0,0 2782/AP
SFR/D 23920 Janet LN $793,000 3/1,0,1,0 1148/A
SFR/D 5514 Calle Mayor $910,000 4/1,1,0,0 1636/A
SFR/D 5429 Calle Mayor $1,005,000 3/1,1,0,0 1363/A
SFR/D 4508 Highgrove AVE $1,125,000 4/1,1,1,0 2291/A
SFR/D 4427 Vista Largo $1,249,000 4/2,0,1,0 1690/A
SFR/D 5401 Paseo De Pablo $1,619,000 4/2,0,0,0 2030/P
CONDO/A 3931 W 226th ST $715,000 3/2,0,1,0 1750/A
SFR/D 5008 Macafee RD $715,000 3/3,0,0,0 2109/P
SFR/D 22515 Marjorie AVE $770,000 3/1,0,0,0 1100/E
SFR/D 22702 Linda DR $810,000 2/1,0,0,0 890/A
SFR/D 22323 Marjorie AVE $875,000 3/2,0,0,0 1451/A
SFR/D 23137 Audrey AVE $895,000 4/3,0,0,0 2415/A
SFR/D 4006 W 230th ST $938,000 3/3,0,0,0 1862/A
SFR/D 22636 Ellinwood DR $988,000 4/1,1,0,0 1632/A
CONDO/A 21345 Hawthorne BLVD #314 $455,000 2/2,0,0,0 910/A
CONDO/A 5500 Torrance BLVD #C330 $579,000 3/2,0,0,0 1279/A
SFR/D 5110 Laurette ST $765,000 3/2,0,0,0 1198/A
SFR/D 4613 Jacques ST $780,000 3/1,1,0,0 1498/A
SFR/D 22013 Marjorie AVE $799,000 3/1,1,0,0 1360/A
SFR/D 21713 Evalyn AVE $825,000 3/1,1,0,0 1200/S
SFR/D 4807 Scott ST $985,000 3/3,0,0,0 2260/A
SFR/D 5023 Halison ST $720,000 3/1,1,0,0 1112/A
TWNHS/A 4310 Spencer ST $750,000 3/2,1,1,0 2950/A
TWNHS/A 4308 Spencer ST $762,500 3/3,0,1,0 2950/A
TWNHS/A 4524 Spencer ST $799,900 4/3,0,0,0 2496/A
SFR/D 4806 Cadison ST $825,400 3/1,1,0,0 1475/A
SFR/D 4927 Halison ST $854,000 4/2,0,0,0 2120/B
SFR/D 4922 Asteria ST $1,153,500 4/3,0,0,0 2225/A
SFR/D 21030 Wendy DR $1,300,000 5/4,0,0,0 3124/A
CONDO/A 3853 W 182nd ST $485,000 3/3,0,0,0 1257/A
SFR/D 3315 W 187th ST $525,000 2/1,1,0,0 754/A
SFR/D 3319 W 190th ST $525,000 3/1,0,0,0 872/P
SFR/D 18303 Falda AVE $540,000 3/1,0,0,0 1141/A
SFR/A 3112 W 186th ST $560,000 2/1,0,0,0 1008/A
SFR/D 18903 Kornblum AVE $590,000 3/1,0,0,0 1053/A
SFR/D 3718 Sandgate DR $600,000 2/1,1,0,0 1287/A
SFR/D 3710 W 180th PL $630,000 3/1,0,0,0 1112/A
SFR/D 3817 W 181st ST $630,000 3/2,0,0,0 1215/A
SFR/D 18711 Patronella AVE $650,000 3/1,0,1,0 1819/A
SFR/D 3749 W 175th ST $655,000 3/1,1,0,0 1620/A
SFR/D 3308 W 186th ST $675,000 3/1,1,0,0 1479/A
SFR/D 3607 187th ST $707,000 3/2,0,0,0 1783/A
SFR/D 17519 Roslin AVE $747,000 3/1,1,0,0 1942/A
SFR/D 4042 175th PL $770,000 4/2,0,0,0 1710/A
SFR/D 18045 CORDARY AVE $790,000 4/3,0,0,0 1972/A
SFR/D 3921 W 171st ST $875,000 6/4,0,0,0 3974/A
SFR/D 2035 W 161st ST $480,000 2/1,0,0,0 850/A
SFR/D 18813 Wilton PL $620,000 4/1,1,0,0 1408/A
SFR/D 16221 Spinning AVE $645,000 4/1,1,0,0 1498/A
CONDO/A 2367 Jefferson ST #310 $340,000 1/1,0,0,0 741/A
CONDO/A 1534 Marcelina AVE #A $450,000 2/1,0,0,0 843/A
SFR/D 2804 Alberta ST $499,000 2/1,0,0,0 780/A
TWNHS/A 2066 W Carson ST #2 $517,500 3/2,0,1,0 1595/A
SFR/D 1812 Gramercy AVE $535,000 2/1,0,0,0 1080/A
TWNHS/A 2130 Plaza Del Amo #147 $538,000 3/2,1,0,0 1517/A
SFR/D 1751 Gramercy AVE $610,000 2/1,0,0,0 942/A
TWNHS/A 1340 El Prado AVE #27 $619,000 3/3,0,0,0 1392/A
TWNHS/A 1800 Oak ST #421 $622,000 2/2,0,1,0 1330/A
TWNHS/A 1021 Cravens AVE #11 $633,000 3/2,0,1,0 1664/B
TWNHS/A 1800 Oak ST #328 $642,500 2/2,0,1,0 1330/A
TWNHS/D 2311 Arlington AVE #B $645,000 3/2,0,1,0 1670/A
TWNHS/D 910 AMAPOLA AVE $690,000 3/2,0,1,0 1821/
SFR/D 2819 Martha AVE $699,000 3/2,0,0,0 1421/A
SFR/D 1218 Arlington AVE $700,000 2/1,1,0,0 1337/S
TWNHS/A 1800 Oak ST #102 $743,000 3/2,0,1,0 1950/A
SFR/D 2216 W 236th ST $610,038 4/1,1,0,0 1310/A
SFR/D 2110 Middlebrook RD $620,000 2/1,0,0,0 1282/A
SFR/D 1913 W 234th ST $675,000 3/2,0,0,0 1546/A
SFR/D 2043 W 237th ST $680,000 5/3,0,0,0 2080/A
SFR/D 2323 W 231st ST $790,000 3/2,0,0,0 1995/A
SFR/D 2402 W 236th PL $791,000 3/2,0,1,0 1970/S
SFR/D 2420 W 239th ST $792,500 4/2,0,0,0 2220/A
SFR/D 2352 W 227th ST $860,000 5/1,2,1,0 2490/E
SFR/D 1940 W 235th PL $1,090,000 5/3,0,1,0 2868/A
CONDO/D 22652 228th ST $617,435 4/2,0,1,0 1657/B

What makes the Torrance real estate market so unique in the South Bay?

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By Keith KyleTorrance homes for sale

People often think of the South Bay as one large market but each individual city can mean an entirely different real estate market….just take a look at the monthly median home prices in the South Bay as an indication.

Each city is it’s own real estate market but Torrance is different.  As Torrance is the largest city in the South Bay it’s also the most diverse.  That’s especially true in terms of real estate and home values in Torrance.

What make Torrance so different is the variety of areas, and the diversity of both the homes and the prices.  Torrance is a city that has multi million dollar homes along the Bluff on Paseo De La Playa and also has some of the most affordable homes in all of the South Bay.

Search Torrance homes by area.

The sheer size of Torrance also makes a difference.  Stretching all the way from the ocean to east of the 110 freeway makes for an abundance of options not possible in any other city in the area.  This also allows for everything from single family homes, to condos to even co-ops (rarely seen in the South Bay).

It is definitely not a seen one seen em all type real estate market.

 

Torrance Home Sales Up in May of 2016

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Torrance, CA saw a slight gain in year over year home prices in May with 138 homes sold this month at a median price of around $593,000 which was up from $579,000 the prior May.  138 homes is a very strong number for Torrance and shows that the market activity is continuing to pick up with more homes slowly coming on the market.  Click here to see the homes sold in Torrance for May of 2016.

City Homes
Sold		 May
2016 Median		 May
2015 Median		 Year
over Year % Change%
Carson 57 $453,000 $410,000 10.4%
El Segundo 12 $802,500 $803,500 -.1%
Gardena 47 $425,000 $405,000 4.9%
Harbor City 26 $439,000 $415,000 5.8%
Hawthorne 39 $485,000 $525,000 -7.7%
Hermosa Beach 21 $1,285,000 $1,450,000 -11.4%
Lawndale 14 $455,000 $431,000 5.6%
Lomita 15 $488,000 $509,000 -4.1%
Long Beach 349 $485,000 $433,000 11.9%
Manhattan Beach 48 $1,875,000 $2,239,000 -16.2%
Marina Del Rey 31 $925,000 $918,000 .8%
Palos Verdes Estates 55 $1,499,000 $1,515,000 -1.1%
Playa Del Rey 24 $560,000 $615,000 -8.9%
Rancho Palos Verdes 58 $1,060,000 $1,100,000 -3.6%
Redondo Beach 96 $950,000 $845,000 12.5%
San Pedro 66 $489,000 $449,000 8.8%
Torrance 138 $593,000 $579,000 2.4%
Westchester 30 $1,130,000 $900,000 25.6%