Torrance real estate and homes for sale
Search for homes in Torrance CA
Many prospective home buyers are concerned with rising interest rates. While the Torrance interest rates in 2018 are still historically very low, the concern is justified. Higher interest rates mean reduced buying power. With every slight rise in interest rates, the monthly payment increases reducing the price of a home that a buyer can qualify for. See the chart below for an idea of how different interest rates impact monthly payment and what a buyer’s income needs to be to qualify.
Torrance California saw a pretty typical and solid month finishing out 2017. The median home price was $670,000 for the South Bay’s largest city which was a slight increase from $650,000 in December the year prior. There were another month of impressive sales, with 111 homes sold during the month. This is slightly lower than normal but not unusal for December. Click here to see the current homes for sale in Torrance or view our recent home sales in Torrance CA.
| City | Homes Sold | December 2017 Median | December 2016 Median | Year over Year % Change% |
| Carson | 47 | $486,000 | $451,000 | 7.8% |
| El Segundo | 11 | $966,000 | $985,000 | -2% |
| Gardena | 65 | $515,00 | $465,000 | 10.8% |
| Harbor City | 17 | $572,000 | $621,000 | -7.9% |
| Hawthorne | 30 | $545,000 | $555,000 | -1.9% |
| Hermosa Beach | 15 | $2,003,000 | $1,440,000 | 39.1% |
| Lawndale | 12 | $448,000 | $510,000 | -12.3% |
| Lomita | 10 | $595,000 | $519,000 | 14.5% |
| Long Beach | 284 | $497,000 | $465,000 | 6.9% |
| Manhattan Beach | 36 | $2,250,000 | $1,790,000 | 25.7% |
| Marina Del Rey | 31 | $1,075,000 | $841,000 | 27.9% |
| Palos Verdes Estates | 27 | $1,342,000 | $1,599,000 | -16.1% |
| Playa Del Rey | 9 | $612,000 | $588,000 | 4.2% |
| Rancho Palos Verdes | 58 | $1,050,000 | $1,170,000 | -10.3% |
| Redondo Beach | 78 | $1,018,000 | $987,000 | 3.1% |
| San Pedro | 58 | $485,000 | $515,000 | -5.8% |
Torrance |
111 |
$670,000 |
$650,000 |
3.1% |
| Westchester | 38 | $1,005,000 | $985,000 | 2% |
November 2017 was a solid month for home sales in Torrance, CA. There were 117 homes, townhomes, condos and multi unit properties
sold in the month at a median home price of $700,000 which was a 6.6% increase from the same month a year earlier. The number of sales was down slighty from October which saw 127 homes sell.
The lowest price of the month was $265,000 for a one bedroom condo with the highest priced sale of the month being $1,550,000 for a 4 bedroom single family home in South Torrance.
To see the sold homes in Torrance CA visit our recent home sales page.
| City | Homes Sold |
November 2017 Median |
November 2016 Median |
Year over Year % Change% |
| Carson | 49 | $476,000 | $450,000 | 5.9% |
| El Segundo | 12 | $1,243,000 | $816,000 | 52.3% |
| Gardena | 52 | $533,000 | $504,000 | 5.7% |
| Harbor City | 10 | $555,000 | $523,000 | 6.1% |
| Hawthorne | 30 | $577,000 | $575,000 | .3% |
| Hermosa Beach | 20 | $1,550,000 | $1,380,000 | 12.3% |
| Lawndale | 18 | $515,000 | $393,000 | 31.2% |
| Lomita | 11 | $599,000 | $473,000 | 26.8% |
| Long Beach | 318 | $510,000 | $490,000 | 4% |
| Manhattan Beach | 35 | $2,300,000 | $1,863,000 | 23.5% |
| Marina Del Rey | 33 | $925,000 | $955,000 | -3.1% |
| Palos Verdes Estates | 27 | $1,510,000 | $1,550,000 | -2.6% |
| Playa Del Rey | 21 | $710,000 | $658,000 | 7.9% |
| Rancho Palos Verdes | 31 | $1,108,000 | $1,088,000 | 1.8% |
| Redondo Beach | 79 | $955,000 | $900,000 | 6.1% |
| San Pedro | 55 | $550,000 | $515,000 | 6.8% |
| Torrance | 117 | $700,000 | $656,000 | 6.6% |
| Westchester | 35 | $1,015,000 | $943,000 | 7.6% |
September was another busy month in South Bay Real estate with a strong number of home sales along with some impressve prices. Torrance recorded 126 property sales with a median home price of just under $730,000. The lowest sale of the month was a sharp 1 bedroom condo on Sepulveda for $269,900 with the high sale of the month being a beautiful 4600 foot single family home in the Seaside Ranchos/Christmas Lights area which sold at $2,400,000. To see all of the homes sold in the South Bay in September visit our recent home sales page.
| City | Homes Sold | September 2017 Median | September 2016 Median | Year over Year % Change% |
| Carson | 55 | $511,000 | $462,000 | 10.5% |
| El Segundo | 9 | $1,130,000 | $840,000 | 34.5% |
| Gardena | 48 | $475,000 | $444,000 | 7.1% |
| Harbor City | 22 | $553,000 | $465,000 | 19% |
| Hawthorne | 46 | $595,000 | $558,000 | 6.6% |
| HermosaBeach | 12 | $2,150,000 | $1,449,000 | 48.4% |
| Lawndale | 15 | $490,000 | $479,000 | 2.3% |
| Lomita | 12 | $576,000 | $593,000 | -2.9% |
| Long Beach | 326 | $520,000 | $478,000 | 8.8% |
| Manhattan Beach | 38 | $1,877,000 | $2,200,000 | -14.7% |
| Marina Del Rey | 24 | $933,000 | $900,000 | 3.7% |
| Palos Verdes Estates | 43 | $1,600,000 | $1,4023,000 | 14.1% |
| Playa Del Rey | 17 | $753,000 | $538,000 | 39.9% |
| Rancho Palos Verdes | 52 | $1,250,000 | $1,035,000 | 20.8% |
| Redondo Beach | 86 | $1,021,000 | $1,035,000 | 20.8% |
| San Pedro | 71 | $558,000 | $534,000 | 4.7% |
| Torrance | 126 | $728,000 | $648,000 | 12.4% |
| Westchester | 25 | $1,140,000 | $890,000 | 15.2% |
Torrance saw a nice jump in home sales with a 154 recorded property sales for August of 2017. Overall the South Bay 
trended up from the previous year in terms of median home prices with only a few local cities seeing a decrease in y over year prices.
Torrance saw a median home price of just under $700,000 and the numbers continue to trend upward. To see all of the home sales in Torrance and the cities below visit our recent home sales page.
| City | Homes Sold |
August 2017 Median |
August 2016 Median |
Year over Year % Change% |
| Carson | 52 | $470,000 | $450,000 | 4.3% |
| El Segundo | 15 | $1,235,000 | $1,075,000 | 14.9% |
| Gardena | 53 | $495,000 | $472,000 | 4.9% |
| Harbor City | 20 | $521,000 | $522,000 | -.2% |
| Hawthorne | 45 | $583,000 | $575,000 | 1.4% |
| Hermosa Beach | 22 | $1,358,000 | $1,723,000 | 21.2% |
| Lawndale | 17 | $460,000 | $498,000 | -7.5% |
| Lomita | 19 | $610,000 | $619,000 | -1.5% |
| Long Beach | 404 | $490,000 | $463,000 | 5.9% |
| Manhattan Beach | 36 | $2,230,000 | $1,815,000 | 22.9% |
| Marina Del Rey | 37 | $940,000 | $1,059,000 | -11.2% |
| Palos Verdes Estates | 37 | $1,545,000 | $1,413,000 | 9.4% |
| Playa Del Rey | 27 | $625,000 | $623,000 | .3% |
| Rancho Palos Verdes | 60 | $1,088,000 | $1,065,000 | 2.2% |
| Redondo Beach | 118 | $975,000 | $969,000 | .6% |
| San Pedro | 78 | $572,000 | $481,000 | 19% |
| Torrance | 154 | $698,000 | $645,000 | 8.2% |
| Westchester | 50 | $1,180,000 | $1,093,000 | 8% |
What a month it was for home sales in Torrance and the South Bay. Double digit year over year changes were the 
norm but there was really no sense to it with some cities seeing major increases over June of 2016 and some seeing just as major drops in home prices.
Real estate in Torrance CA was no different with another double digit jump for the median home prices compared with July of 2016. Torrance was actually a bit more moderate than other areas but still saw 113 homes close escrow in July with a median home price of just under $687,000 Click here to see the recent home sales in Torrance and the South Bay.
| City | Homes Sold | July 2017 Median | July 2016 Median | Year over Year % Change% |
| Carson | 60 | $480,000 | $445,000 | 8% |
| El Segundo | 20 | $1,055,000 | $1,310,000 | -19.5% |
| Gardena | 65 | $549,000 | $454,000 | 21% |
| Harbor City | 15 | $439,000 | $550,000 | -20.2% |
| Hawthorne | 35 | $730,000 | $562,000 | 30% |
| Hermosa Beach | 19 | $2,025,000 | $1,410,000 | 43.6% |
| Lawndale | 15 | $515,000 | $430,000 | 19.8% |
| Lomita | 21 | $598,000 | $585,000 | 2.1% |
| Long Beach | 331 | $520,000 | $471,500 | 10.3% |
| Manhattan Beach | 48 | $2,449,000 | $2,200,000 | 11.3% |
| Marina Del Rey | 36 | $921,000 | $974,000 | -5.4% |
| Palos Verdes Estates | 28 | $1558,000 | $1,800,000 | -13.4% |
| Playa Del Rey | 20 | $613,000 | $629,000 | -2.5% |
| Rancho Palos Verdes | 63 | $1,345,000 | $1,160,000 | 15.9% |
| Redondo Beach | 95 | $975,000 | $920,000 | 6% |
| San Pedro | 63 | $542,000 | $542,000 | 0% |
| Torrance | 113 | $687,000 | $617,000 | 11.4% |
| Westchester | 33 | $1,185,000 | $1,116,000 | 6.2% |