Torrance real estate and homes for sale

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Torrance Real Estate Recap – 2019 By the Numbers

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2019 was a very solid year for home sales in Torrance CA.  There were 1,201 on market home sales in the city for an average of 100 a month.  The average list price was $818,500 with an average sales prices of $760,333 indicating that the market is still very strong and slightly favors sellers.  View the chart further down the page to see how it compares with previous years.  Average days on market during the year was 32 so homes tended not to last all that long.

View the current homes for sale in Torrance CA

2019 Home Sales and Home Prices By Month in Torrance

Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2019 Avg Per Month
For Sale 131 146 140 150 167 161 151 149 140 122 97 73 1627 136
New Listing 113 112 130 131 150 142 126 144 107 118 72 35 1380 115
Sold 86 50 87 99 123 103 109 120 114 119 90 101 1201 100
Pended 79 79 109 110 126 120 110 132 101 99 90 57 1212 101
Avg. Active Price* $720 $780 $803 $805 $851 $869 825 $825 $819 $900 $822 803 $818,500
Avg. Sold Price* $745 $739 $758 $ 753 $751 $775 $ 762 $800 $784 $734 $805 $814 $768,333
Avg. Sq. Ft. Price (Sold) $499 $495 $494 $473 $ 507 $510 $496 $514 $496 $509 $519 $513 $502
Avg Days on Market 41 34 33 37 25 25 30 30 32 31 37 31 32
Median Sold Price $745 $718 $745 $725 $ 733 $733 $ 742 $793 $777 $741 $802 $780 $ 9,034 $ 752,833

*thousand

March 2016 Median Home Prices for Torrance and the South Bay

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By Keith Kyle

The numbers for March are in and it was a big month for the number of homes sold in Torrance.  Torrance has been hovering a bit over 100 for the past few months but March saw 133 homes sell throughout this South Bay city.

City Homes
Sold		 March
2016 Median		 March
2015 Median		 Year
over Year % Change%
Carson 54 $447,500 $426,500 4.9%
El Segundo 10 $1,006,000 $849,000 18.5%
Gardena 58 $475,000 $403,500 17.7%
Harbor City 14 $450,000 $455,000 -1.1%
Hawthorne 36 $513,000 $642,000 -20.2%
Hermosa Beach 16 $1,183,000 $1,310,000 -9.7%
Lawndale 10 $385,000 $447,000 -13.9%
Lomita 11 $530,000 $481,000 10.1%
Long Beach 327 $478,000 $414,000 15.3%
Manhattan Beach 41 $2,275,000 $1,940,000 17.3%
Marina Del Rey 18 $1,025,000 $860,000 19.2%
Palos Verdes Estates 28 $1,355,000 $1,400,000 -3.2%
Playa Del Rey 18 $560,000 $546,000 2.6%
Rancho Palos Verdes 56 $1,156,250 $1,044,500 10.7%
Redondo Beach 89 $893,000 $862,000 3.7%
San Pedro  80 $554,000 $481,000 15.1%
Torrance 133 $615,000 $530,000 16%
Westchester 25 $910,000 $854,000 6.6%

Torrance Housing Inventory Still Down But on the Rise

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By Keith Kyle

The real estate market in Torrance CA continues to be driven by the lack of homes for sale but for the third straight month we have seen an increase in the number of homes for sale.  Inventory has been on the rise since the low point in December but still far below the norm.  We have also seen an increase in the pending home sales over that same period of time and it appears that the inventory will continue to rise as we head towards the usually busy summer buying and selling season.  See all of the Torrance homes for sale or search by neighborhoods.  To see the most recent Torrance home sales visit our closed sale pages.

See the Homes That We Have Sold in Southern California

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By Keith Kyle

We are so fortunate to have worked with so many wonderful people and in such a great area.  It just doesn’t get much better.  See the map below to view all of our local home sales. Although we’ve sold more homes in Torrance and Redondo, we have been lucky enough to sell throughout the area, from Santa Monica to Huntington Beach. Many of these were first time buyers and are now happy homeowners. The red marks are home sales in which I represented the buyer, the orange marks represent homes that I listed, and the blue marks represent homes in which I represented both buyers and sellers.  Click on the marks to see pictures of the various homes and properties.

You can also see the interactive map of our South Bay home sales on Google.