Torrance real estate and homes for sale

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2 Great 55+ Condos for sale in Village Court, Southwood Torrance

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By Keith KyleVillage Court 55+ condos Torrance

Village Court, located at 21345 Hawthorne Blvd in the great area of Southwood Torrance may just be the nicest 55+ complex in the South Bay.  Located in a great part of Torrance, with an abundance of shopping and dining options just a short distance away, Village Court offers resort style living.

View the Current Village Court Homes for Sale

Amenities include a fitness center, clubhouse with billiards and social areas, a fantastic pool and entertainment deck with a sparkling pool and spa, outdoor dining areas, fireplaces, and BBQ areas.  Having been built in 2005, the complex and condos still feel very new and have the latest features such as open kitchens, granite counters, and more.

Great Short Sale Opportunity in South Torrance – In Escrow

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Short sale opportunities have just about dried up in the South Bay with homeowners quickly regaining any lost value after the bubble burst.  Although no longer  commonplace and not the deals they once were, short sales and foreclosures still do occasionally come along.

Just listed is a very nice sized home in a great South Torrance neighborhood at 4026 W 234th Street 90505.  The home features 3 bedrooms, 2 baths, and an impressive 2171 square feet.

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Real Estate Market Trends in South Torrance

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When buying or selling homes in South 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 South Torrance home. The information below is intended to help you get a better understanding of what is happening in the market.

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