By Keith Kyle
August 2016 saw another strong month for homes throughout the South Bay and Torrance. Torrance, CA reached a 179 homes sold in the month of August with a median home price of $645,000. As of October 18th 2016 there are 151 active homes and income properties for sale in Redondo Beach and 173 homes currently in escrow. The lowest price of the month was a one bedroom condo in a 55+ building at $215,000 with the highest sale a $1,225,000 for a single family home in the Southwood community of Torrance. Of all the homes sold only one was a short sale or foreclosure showing just how much of a non factor short sales are becoming in Torrance. View the current homes for sale in Torrance, CA or view a list of the homes sold in Redondo Beach and the South Bay in August.
| City | Homes Sold |
August 2016 Median |
August 2015 Median |
Year over Year % Change% |
| Carson | 56 | $450,000 | $430,000 | 4.7% |
| El Segundo | 15 | $1,075,000 | $780,000 | 37.8% |
| Gardena | 43 | $470,000 | $399,000 | 17.8% |
| Harbor City | 24 | $523,000 | $450,000 | 16.1% |
| Hawthorne | 47 | $575,000 | $493,000 | 16.8% |
| Hermosa Beach | 22 | $1,723,000 | $1,389,000 | 24.% |
| Lawndale | 16 | $498,000 | $437,000 | 13.8% |
| Lomita | 23 | $619,000 | $510,000 | 21.4% |
| Long Beach | 348 | $463,000 | $459,000 | .8% |
| Manhattan Beach | 36 | $1,800,000 | $1,923,000 | -6.4% |
| Marina Del Rey | 24 | $1,059,000 | $928,000 | 14.1% |
| Palos Verdes Estates | 42 | $1,412,000 | $1,815,000 | -22.2% |
| Playa Del Rey | 16 | $623,000 | $560,000 | 11.2% |
| Rancho Palos Verdes | 57 | $1,065,000 | $1,155,000 | -7.8% |
| Redondo Beach | 100 | $968,000 | $842,000 | 15% |
| San Pedro | 70 | $481,000 | $475,000 | 1.3% |
| Torrance | 179 | $645,000 | $585,000 | 10.3% |
| Westchester | 44 | $1,093,000 | $890,000 | 22.7% |