We just recently closed on a condo in the 55+ community of The Gables in Torrance. Congrats to our wonderful client Estela and thank you so much for putting your trust in us. Congratulations! If your searching for a 55+ home in Torrance click here to see what’s out there for sale.

November 2021 saw an impressive 104 on market home, condo and townhome sales closing during the month. The average “list” price of the homes that closed escrow during the month was $907,023 with the average “sold” price at $940,974 meaning that homes generally sold well above the asking price. Homes averaged a very short 18 days on the market before going into escrow with a median DOM of only 9 days. Median price per foot was $647.
not a holiday slow down! The median “listing” price for the homes that sold was $859,500 with a median sales prices of $876,500 indicating that this is one of the hottest markets in the South Bay and most definitely still a very favorable “sellers market”.
were 61 home sales/closed sales during the month which is considerably lower than the norm. Compare that with 101 sales in December, 90 in November and 119 in October and you can see just how slow it was.