Southwood Torrance Real Estate Update
By Keith Kyle
The neighborhood of Southwood in Torrance CA is a fantastic area with tree lined streets with primarily single family homes and a great community feel. Prices in this neighborhood, located just east of Redondo Beach, have seen steady increases since the beginning of 2013 and doesn’t show any signs of slowing down. Here’s a quick recap of the current real estate market conditions in this Torrance neighborhood.
- Active Southwood Torrance homes for sale – 8
- Lowest list price – $485,000 – 5500 Torrance Blvd #C121
- Highest list price – $1,199,000 – 21213 Anza Ave
- Average list price – $753,713
- Average price per square foot – $483.68
- Average Days on Market – 35
- In escrow – 8
- Total homes sold in 2014 YTD – 20
- Average sales price – $627,688
- Average price per square foot – $474.73
vibe. Nowhere is this more embodied than in the Seaside Ranchos area of South Torrance. The Seaside Ranchos neighborhood is often called Sleepy Hollow or the Christmas Lights area due to the annual show put on by the residents with lights strung across the Chinese Elm trees that line the streets. Sitting just North of Pacific Coast Highway as it turns inland near the Palos Valos Peninsula the neighborhood is a collection of beautiful homes on larger lots. The majority of the homes offer 3 bedrooms and 2 bathrooms and due to the much larger lots than in most areas of Torrance often have fantastic backyards.