Torrance real estate and homes for sale
Search for homes in Torrance CA
We’ve created a new website geared specificially to the Hollywood Riviera area of Torrance. The Hollywood Rivera is one of our favorite areas in all of the South Bay with great views, proximity to the beach, ideal weather, a wonderful neighborhood feel, and somewhat restrictive building codes keeping the homes appropriate for the lot sizes and protecting the views.
To see real estate and homes for sale in the Hollywood Riviera visit out new real estate website.
By Keith Kyle
People often think of the South Bay as one large market but each individual city can mean an entirely different real estate market….just take a look at the monthly median home prices in the South Bay as an indication.
Each city is it’s own real estate market but Torrance is different. As Torrance is the largest city in the South Bay it’s also the most diverse. That’s especially true in terms of real estate and home values in Torrance.
What make Torrance so different is the variety of areas, and the diversity of both the homes and the prices. Torrance is a city that has multi million dollar homes along the Bluff on Paseo De La Playa and also has some of the most affordable homes in all of the South Bay.
Search Torrance homes by area.
The sheer size of Torrance also makes a difference. Stretching all the way from the ocean to east of the 110 freeway makes for an abundance of options not possible in any other city in the area. This also allows for everything from single family homes, to condos to even co-ops (rarely seen in the South Bay).
It is definitely not a seen one seen em all type real estate market.
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% |
By Keith Kyle
The numbers for March are in and it was a big month for the number of homes sold in Torrance. Torrance has been hovering a bit over 100 for the past few months but March saw 133 homes sell throughout this South Bay city.
| City | Homes Sold |
March 2016 Median |
March 2015 Median |
Year over Year % Change% |
| Carson | 54 | $447,500 | $426,500 | 4.9% |
| El Segundo | 10 | $1,006,000 | $849,000 | 18.5% |
| Gardena | 58 | $475,000 | $403,500 | 17.7% |
| Harbor City | 14 | $450,000 | $455,000 | -1.1% |
| Hawthorne | 36 | $513,000 | $642,000 | -20.2% |
| Hermosa Beach | 16 | $1,183,000 | $1,310,000 | -9.7% |
| Lawndale | 10 | $385,000 | $447,000 | -13.9% |
| Lomita | 11 | $530,000 | $481,000 | 10.1% |
| Long Beach | 327 | $478,000 | $414,000 | 15.3% |
| Manhattan Beach | 41 | $2,275,000 | $1,940,000 | 17.3% |
| Marina Del Rey | 18 | $1,025,000 | $860,000 | 19.2% |
| Palos Verdes Estates | 28 | $1,355,000 | $1,400,000 | -3.2% |
| Playa Del Rey | 18 | $560,000 | $546,000 | 2.6% |
| Rancho Palos Verdes | 56 | $1,156,250 | $1,044,500 | 10.7% |
| Redondo Beach | 89 | $893,000 | $862,000 | 3.7% |
| San Pedro | 80 | $554,000 | $481,000 | 15.1% |
| Torrance | 133 | $615,000 | $530,000 | 16% |
| Westchester | 25 | $910,000 | $854,000 | 6.6% |
By Keith Kyle
Torrance, CA and the South Bay saw another strong month for home prices although a few cities saw big percentage drops in average home prices. Those numbers, especially in smaller cities, or in a month with fewer home sales, don’t really mean much, but taken over times gives a good indication as to what is happening in the local Torrance real estate market.
Torrance had a slightly lower than average month with 85 home sales,with median home prices in the mid $500,000’s.
| City | Homes Sold |
February 2016 Median |
February 2015 Median |
Year over Year % Change% |
| Carson | 38 | $420,000 | $395,000 | 6.2% |
| El Segundo homes | 11 | $1,109,000 | $815,000 | 36% |
| Gardena | 38 | $410,750 | $334,000 | 23% |
| Harbor City | 10 | $527,500 | $393,000 | 34.2% |
| Hawthorne homes for sale | 30 | $483,000 | $450,000 | 7.4% |
| Hermosa Beach homes | 17 | $1,225,000 | $1,512,500 | -19% |
| Lawndale | 8 | $431,000 | $415,000 | 3.9% |
| Lomita | 11 | %505,000 | $326,000 | 55% |
| Long Beach | 238 | $461,000 | $409,000 | 12.7% |
| Manhattan Beach real estate | 22 | $1,795,000 | $2,361,000 | -24% |
| Marina Del Rey | 25 | $864,000 | $1,335,000 | -35% |
| Palos Verdes Estates | 33 | $1,403,000 | $1,300,000 | 7.9% |
| Playa Del Rey | 10 | $626,000 | $710,750 | 6.9% |
| Rancho Palos Verdes | 26 | $1,110,000 | $1,039,000 | 6.9% |
| Redondo Beach | 45 | $869,750 | $812,000 | 7.1% |
| San Pedro | 33 | $505,000 | $416,000 | 21.4% |
| Torrance | 85 | $565,000 | $544,000 | 4% |
| Westchester | 21 | $917,000 | $820,000 | 11.8% |
By Keith Kyle
I’ve been fortunate to represent a few clients on purchases or sales along Paseo De La Playa in the Hollywood Riviera and the locations is nothing short of spectacular. Paseo De La Playa is the oceanfront street that connects Redondo Beach with the beginning of the Palos Verdes Peninsula and offers a lifestyle not found in many places. Hollywood Riviera is a unique area as it has a Redondo Beach address but is actually located in the city of Torrance.
The recent sale of 501 Paseo De La Playa is no exception. This 5 bedroom, 3 1/2 bath home sits high on the bluff and offers mesmerizing views of the ocean, Palos Verdes and the beautiful coastline from Redondo to Malibu. This oceanfront home was listed for $5,500,000 and sold for $5,300,000.