See below for a real estate recap of the real estate market in Torrance CA in October 2022 compared with October of the previous year. Home sales plummeted from 112 in October 2021 to only 75 this past month. Not surprisingly active listings (current homes for sale in Torrance) was only 59 last year and jumped to 139 active homes for sale in October 2022. View all of the homes that sold in Torrance in October 2022 and see addresses, details, prices and more.
One of the top home prices of October in the Plaza Del Amo communities of Torrance was a single family home in the gated community of Belmar. 2897 Maricopa Street was a spacious freestanding home offering 4 bedrooms plus a loft, 3 1/2 baths and over 3,100 square feet of living space. The home was listed at $1,448,000 and sold at $1,380,000.
2897 Maricopa Street Facts and Features
- 4 bedrooms
- 3.5 bathrooms
- 3,102 square feet (BTV)
- $189 monthly HOA
- Built in 2007
- Listed at $1,448,000 and sold at $1,380,000
- Listing courtesy of Tadashi Kondo – Compass – 310-241-3038
2897 Maricopa Street, Torrance, CA 90503 – Sold at $1,380,000
ny information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
August 2022 Torrance Real Estate Recap
Welcome to the August real estate market overview for home sales in Torrance CA.
For a more in-depth look view the homes that sold during August 2022 or vist our Torrance real estate trends and statistics to see how August compares with previous months to get a better idea of where the market is heading.
Overall August 2022 cooled a bit for home sales in Torrance with 86 on market closed sales.
The median home price was $990,000 with an average price per foot of $667 and only 17 days on market.
May was an impressive month for home sales in torrance with109 homes selling at a median sold price at $995,000 meaning that homes generally sold WAY over the asking price.
The average price per foot for the month was $753. The average days on market was a very short 11 with the median days on market an amazing 8 before going into pending status. See how that compares with other months on our Torrance real estate trends and statistics page.
Hopefully this is an indication of a slightly calmer market on the horizon but we’ve seen several months in a row now of increased number of homes hitting the market, an increased number of homes going into escrow (due to more homes being available), and increased number of homes closing escrow.
The chart below (which will update each month) shows this increase since the beginning of the year. Click here to see other updated Torrance real estate trends and statistics including home prices, days on market, average prices and more.