Torrance real estate and homes for sale

Search for homes in Torrance CA

Historical Interest Rates since 1972

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Many Torrance CA buyers are concerned with interest rates rising with the Fed making it clear that rates will slowly increats.  That’s certainly a valid concern for potential Torrance homebuyers as a higher interest rate means a higher monthly payment which most often means a lower priced home.  Taken in historical standpoint the current rates are dramatically lower than at just about any other time.  The chart below shows the interest rate on conventional and conforming 30 year fixed rate mortgages.  As we’ll see we’ve basically seen rates drop consistently since the high water mark of 16.3% in 1981.  It certainly makes todays current rate in the mid 4% range seem pretty enticing.

Torrance Home Sales Up in May of 2016

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Torrance, CA saw a slight gain in year over year home prices in May with 138 homes sold this month at a median price of around $593,000 which was up from $579,000 the prior May.  138 homes is a very strong number for Torrance and shows that the market activity is continuing to pick up with more homes slowly coming on the market.  Click here to see the homes sold in Torrance for May of 2016.

City Homes
Sold		 May
2016 Median		 May
2015 Median		 Year
over Year % Change%
Carson 57 $453,000 $410,000 10.4%
El Segundo 12 $802,500 $803,500 -.1%
Gardena 47 $425,000 $405,000 4.9%
Harbor City 26 $439,000 $415,000 5.8%
Hawthorne 39 $485,000 $525,000 -7.7%
Hermosa Beach 21 $1,285,000 $1,450,000 -11.4%
Lawndale 14 $455,000 $431,000 5.6%
Lomita 15 $488,000 $509,000 -4.1%
Long Beach 349 $485,000 $433,000 11.9%
Manhattan Beach 48 $1,875,000 $2,239,000 -16.2%
Marina Del Rey 31 $925,000 $918,000 .8%
Palos Verdes Estates 55 $1,499,000 $1,515,000 -1.1%
Playa Del Rey 24 $560,000 $615,000 -8.9%
Rancho Palos Verdes 58 $1,060,000 $1,100,000 -3.6%
Redondo Beach 96 $950,000 $845,000 12.5%
San Pedro 66 $489,000 $449,000 8.8%
Torrance 138 $593,000 $579,000 2.4%
Westchester 30 $1,130,000 $900,000 25.6%

Great 3 Bedroom Plaza Del Amo Townhome for Sale

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2160 Plaza Del Amo # 165, Torrance 905012160 Plaza Del Amo copy

**Update** This home has sold.  See all of the current homes, townhomes and condos for sale in the communities of Plaza Del Amo.   Just in time for summer, this beautiful and spacious townhome located in one of Torrance’s great neighborhoods offers numerous upgrades in the peaceful Park Plaza community.  This two level townhome offers an ideal layout with all 3 bedrooms upstairs and all living areas on the first floor.  The first floor offers a beautiful kitchen and breakfast nook overlooking one of the multiple patios and decks.   The dining room and living room sit just off of the kitchen and offer solid hardwood walnut floors and a custom-built fireplace and direct access to the patio making it ideal for entertaining and indoor-outdoor living.  Upstairs the master suite features vaulted ceilings, a ceiling fan and a balcony looking out over the treetops. The two other bedrooms are bright and spacious making for an ideal floorplan.   Detached separate 2 car garage steps away.  Park plaza offers a gated entry, lushly landscaped open space, pool,spa and club house. This is a wonderful property in a tranquil setting, and resides in the award winning Torrance Unified School District.


Contact listing agent Keith Kyle with Vista Sotheby’s International for more information.

2160_Plaza_del_Amo_pool5 copy    2160_Plaza_del_Amo_kitchen4 copy

BED / BATH: 3/ 1 1/2
SQFT(src): 1,578 (A)
GARAGE: 2
YEAR BLT(src): 1979 (ASR)
SUB TYPE: TWNHS (A)
APN: 7359007046

The Highest and Lowest Priced Homes in Torrance CA

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By Keith Kyle

Torrance is a diverse community and home prices can certainly reflect that.  From multi million dollar homes along the bluff in the Hollywood Riviera, to the neighborhoods near the 110 Freeway, neighborhoods and home prices vary considerably.

Topping out the market at the moment is the home at 326 Calle De Arboles in the Hollywood Riviera.  The home is priced at $2,098,000 with 3,251 square feet and has been on the market almost 2 months as of this posting.  While the homes in the Hollywood Riviera are often Redondo Beach mailing addresses and zip codes, the homes are actually located in Torrance with award winning Torrance schools and services.

On the other side of the spectrum is the one bedroom condo located at 941 W Carson.  It’s listed at $205,000 and is a short sale property.  This section of Torrance is known as county strip.  Very much the opposite of the Hollywood Riviera this section of Torrance is actually not part of Torrance proper and is serviced by LA Unified Schools and LA City services.  As the schools are not at the same level (in most cases) as the Torrance Unified schools, values are always lower in this area.