Welcome to our quick real estate recap for April. Torrance definitely saw a drop in the number of home sales during the month with 81 closed home sales compared with 99 a year earlier. Compared with many other cities that saw almost a 50% drop from the year earlier this wasn’t bad at all. The average days on market was a very speedy 24 compared with 37 in 2019. The median sales price was $792,0000 and the average price per foot was $503. See more details in our full Torrance real estate trends and statistics area. See also the Torrance homes that sold in April.
Take a look at the charts below to get a better understanding of what’s happening in the Torrance real estate market. We hope that getting an awareness of what the real estate market has been doing for the past 18 months can help make you a knowledgeable home buyer or seller in this great city. See the current homes for sale in the various neighborhoods of Torrance.
For Sale, Sold and Pending Sales in Torrance CA
Average Days on Market in Torrance and % that Homes Sell Versus the Original Listing Price