Torrance real estate trends Archives – Torrance real estate and homes for sale

Real Estate Micro Market Update – Southwood Torrance

June 17, 2014 by Keith Kyle

Southwood Torrance Real Estate Update

By Keith Kyle

The neighborhood of Southwood in Torrance CA is a fantastic area with tree lined streets with primarily single family homes and a great community feel. Prices in this neighborhood, located just east of Redondo Beach, have seen steady increases since the beginning of 2013 and doesn’t show any signs of slowing down. Here’s a quick recap of the current real estate market conditions in this Torrance neighborhood.

Active Southwood Torrance homes for sale – 8
Lowest list price – $485,000 – 5500 Torrance Blvd #C121
Highest list price – $1,199,000 – 21213 Anza Ave
Average list price – $753,713
Average price per square foot – $483.68
Average Days on Market – 35
In escrow – 8
Total homes sold in 2014 YTD – 20
Average sales price – $627,688
Average price per square foot – $474.73

Welcome to Torrance Real Estate and Homes for Sale

April 17, 2014 by Keith Kyle

By Keith Kyle

Welcome to Torrance real estate. We have strived to offer the very best information and home search features on a local website designed specifically for Torrance home buyers and sellers. As local Torrance and Redondo Beach real estate specialists we understand how unique Torrance is and how different and distinct the various areas can be. From oceanfront homes in the Hollywood Riviera, to duplex and income properties in the County Strip area…..we can help. Search for homes with our free Torrance MLS access or allow us to do the hard work for you with our FREE daily listing updates and know about new homes first. Our website offers information on real estate markets and trends in each neighborhood, recent home sales and prices, current off market homes and MLS listings, short sales and foreclosures and information for home sellers to find out what their Torrance home is worth and how we have been so successful at marketing and selling homes in the area. We hope that our website is a great place to start for all of your Torrance real estate needs. Contact us as any time for questions or more information.


Search all Torrance Homes	West Torrance 90503	Southwood 90503

Hollywood Riviera 90277	Central Torrance 90503	South Torrance 90505

Walteria & Victoria Knolls 90505	North Torrance 90504	Old Torrance 90501

South East Torrance 90501 & 90505	Harbor Gateway & County Gateway	Plaza Del Amo

Seaside Ranchos South Torrance	Single Family Homes	Condos and Townhomes

Multi-Unit Investment – Duplexes	55+ Senior Condos and homes	Torrance Real Estate Map

Current homes for sale in Torrance California

Click any MLS number above for details and photos of the home.

North Torrance West Real Estate Statistics

March 4, 2014 by Keith Kyle

By Keith Kyle

As knowledge is critical in real estate, we hope that the information provided below will make the real estate market in the North West areas of Torrance easier to understand and the trends can make for educated decisions. Whether you are a buyer, or a seller, knowing what the market is doing and where it appears to be heading can make all of the difference in the world. If we can be of assistance in any way please don’t hesitate to contact us. You can view these trends for all Torrance CA neighborhoods.

View the current North Torrance – West Homes for Sale

The chart below shows the recent history of the number of active listings, pending home sales and closed escrows. The higher ratio of active to sold/pending listings shows a buyers market while lower inventory shows a sellers market.

The chart below shows the average price per square foot in North Torrance West. This includes all types of homes including condos, townhomes and single family homes

The chart below shows the percentage of sold price / list price at which an equal number of properties are sold above, equal or below the list price and it indicates how long it has taken to sell those properties.

The chart below shows the difference between the average price for sale in North Torrance and average price of the sold homes. It helps determine whether the market is a buyer or seller market. If the average listing price and average sold price are the closest, the area has the healthiest market.

The chart below shows the months of inventory for a particular month. As a rule of thumb, an inventory level of less than three indicates a strong seller market while an inventory level greater than six indicates a buyer’s market.

CURRENT NORTH TORRANCE WEST HOMES FOR SALE
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Old Torrance Real Estate Trends and Statistics

March 4, 2014 by Keith Kyle

When buying or selling homes in Torrance, knowing and understanding the real estate market is critical to making the right decision. Real estate trends can help determine current values or even when the appropriate time to list and sell your Torrance home. The information below is intended to help you get a better understanding of what is happening in the market.

Number of active listings (light green) sold homes (dark green) and pending home sales (red line)

The greater the discrepancy between active homes and sold homes indicates a buyers market and when the numbers are closer a sellers market is indicated as inventory is down.

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.

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.

Average price for listed home sales in relation to the average price for sold homes.

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

Walteria and Victoria Knolls Torrance Real Estate Market Trends

January 29, 2014 by Keith Kyle

When buying or selling homes in the Walteria and Victoria Knolls neighborhoods of Torrance, knowing and understanding the real estate market is critical to making the right decision. Real estate trends can help determine current values or even when the appropriate time to list and sell your home. The information below is intended to help you get a better understanding of what is happening in the market. Sitting just east of the Hollywood Riviera and South Torrance, Walteria is a very community oriented area with most homes within walking distance to local schools, homes with appropriate sized lots and tree lined streets. To see the actual prices and homes sold in Torrance last month visit our recent home sales page.

The chart below shows the number of active listings (light green) sold homes (dark green) and pending home sales (red line) The greater the discrepancy between active homes and sold homes indicates a buyers market and when the numbers are closer a sellers market is indicated as inventory is down.

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

Real Estate Market Trends for Southwood Torrance

January 29, 2014 by Keith Kyle

When buying or selling homes in the Southwood neighborhood of Torrance, knowing and understanding the real estate market is critical to making the right decision. Real estate trends can help determine current values or even when the appropriate time to list and sell your Southwood home. The information below is intended to help you get a better understanding of what is happening in the market. Sitting just east of Redondo Beach and in between the Torrance neighborhoods of South Torrance and West Torrance, Southwood is a very community oriented area with most homes within walking distance to local schools, homes with appropriate sized lots and tree lined streets.

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.