Welcome to the real estate recap for February 2022
The Torrance real estate market was certainly slower in February with only 71 homes selling during the month which was down quite a bit from normal. Hoomes sold at a median sales prices of $916,000 and averaged only 14 days on the market before selling. See how that compared with other months on our Torrance real estate trends and statistics page.
View the Torrance homes that sold in February including addresses, prices, details and more
Search the current homes for sale in Torrance
that closed escrow with only 75 on market home sales. This was not unexpected as the number of homes that went pending in December was very low. It was not an indication that the market is slowing at all and actually was due to the record low inventory of homes for sale towards the end of 2021. The median sales price was $915,000 and homes averaged a very brief 20 days before going into pending status.
during 2o21. The average “list” price was $1,178,161 with the average “sold price at $1,255,610 meaning that homes generally sold WAY WAY over the asking price. The average price per foot was $740 with the average days on market only 22 before going into pending status. See the
The average “list” price was $1,032000 and the average “sold” price was an impressive $932,000. Those numbers are a bit deceiving as there were a few ultra expensive homes that sold during the year and they sold dramatically below the list price which skewed the numbers just a bit. Average price per foot was $636 and the average days on market was a brief 16 before going into pending status.