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 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