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% |