Torrance CA Home Sales Update

The Torrance average home selling price was down by 1% in December '11 when compared to same period a year ago.The average home selling price was $542,963 in Torrance (Torrance proper only - Torrance PO not included) By comparison, average selling price in Torrance was $512,557 in November, $526,543 in October and it was $499,705 in September. This data indicates an upward price trend over last few months.

Number of sales was down by 3% after a huge over 40% spike in November.

The average single family home in Torrance sold for $581,725 down 6 % compared with same period a year ago, when it was $618,413

*All stats are compiled from the California Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. *DOM - days on market All stats are for Torrance proper - Torrance PO is not included.

Redondo Beach Market Report

South Torrance and Walteria Real Estate

Torrance is a coastal community in the South Bay area of Los Angeles.  It's mild Mediteranean climate, family friendly neighborhoods, close proximity to Los Angeles, excellent schools, less known Torrance beach,  make Torrance a great place to live.  In Torrance, we have many neighborhoods and communities.  Today, I'll focus on South Torrance and Walteria communities.

South Torrance and Walteria real estate comprise of mostly single family homes.  Well established, tree lined neighborhoods are perfect for raising a family or to retire in.  We have a limited nunber of condos or townhomes in South Torrance so they sell quickly.

Here is the summary of home for sale in the South Torrance and Walteria areas as of January 2012:

The inventory of homes for sale is very low, as it has been throughout last year as well.

Total of 17 single family homes are listed for sale, ranging from $372,500 to $1,399,000.  The lowest priced home is a short sale and it's located on Pacific Coast Hwy in Walteria.  The highest listed home is a beautiful 5 bd/5 ba 3,750 sq ft home in Seaside Ranchos.

Average single family home listed price is $709,191.

We only have one condo listed for sale in South Torrance.  It's a 2 bd/2ba 55+ senior condo, located in the Courtyard Villa Estates senior community.

Please contact me anytime if you'd like a current list of homes for sale and Free listing updates.

Please contact your local Realtor - Krystyna Baty at (310)9158-5027 for more information on Torrance real estate or visit my Torrance website:

www.TorranceRealEstateOnline.com

South Bay Senior Condos For Sale - January 2012 Report

South Bay area of Los Angeles is known for its beautiful 55+ senior condo communities.   Most of them are located in Torrance, but you can also find them in Redondo Beach, Rolling Hills Estates and Lomita.

Due to the changing demographics, the demand for senior condos has been strong.  New 55+ condos that were built in the South Bay area sold out quickly.  The availability of resales varies daily. 

 Here is the informaion on currently available 55+ senior condos for sale in the South Bay, Torrance, Redondo Beach and Rolling Hills (based on MLS data):

Total units available: 24

Torrance - 18

In Torrance, most units are 2 Beds/2 baths, but there are three 1 bd units available as of today.  We have one 3 bd condo available at New Horizons.

2 bd units in Torrance range from $220,000 to $499,500

1 bd units start at #189,000

Redondo Beach - 4

The current availability in Redondo Beach is limited to 1 bd or 1 bd plus den condos but we will have a 3 bd available soon.

1 bd units range from $249,000 - $290,000.

Rolling Hills Estates - 2

The Rolling Hills Villas community has two spacious units available, prices range $584,900 - $599,900.

Lomita - 0

Lomita has one senior one level senior townhouse community - The Blue Rose Court - we expect to have one unit available soon.

FOR MORE INFORMATION ON SOUTH BAY SENIOR COMMUNITIES, THEIR LOCATIONS, AMENITIES, CALL (310) 918-5027 OR PLEASE VISIT

SOUTH BAY SENIOR COMMUNITY WEBSITE

 Below is the galery of senior condos and communities photos. 

Redondo Beach CA real estate market today offers many home buying opportunities.  Prices have come down, making Redondo Beach CA real estate even more attractive. and much more accessible.

One of the most attractive options for today's homebuyer is buying Redondo Beach REO bank owned foreclosures. Currently there are 13 foreclosures in Redondo Beach: 5 single family homes, 5 condos and 3 townhomes. These homes have been taken back (foreclosed) by lenders who now have listed them for sale as REOs (real estate owned).

Here is the list of all bank owned Redondo Beach homes as of 11/30/11.

PLEASE CALL KRYSTYNA BATY AT 310.918.5027 OR VIA E-MAIL AT INFO@ISELLSOUTHBAY.COM FOR MORE INFORMATION OR TO ARRANGE A SHOWING

Home sales in Torrance have done better than other surrounding communities. The number of sales is was up and the average home selling prices in Torrance have been going up over last few months. The average prices have still been slightly lower than a year ago though. 

The Torrance average home selling price was down by 5% in October 2011 when compared to same period a year ago, bringing the average Torrance home price to $526,543. Average selling price in Torrance was $499,705 in September. Number of sales was up from 63 to 68 homes sold last month.  

The average single family home in Torrance sold for $566,182 down 7% on y-o-y basis but up when compared to a month ago when it was $535,703.

If you’re interested in home sales in your area, or specifically your home's value in this market,  please contact me anytime at 310.918.5027 or via e-mail at info@isellsouthbay.com and I’ll provide you with a free report within 24 hrs.

You may also visit my www.ISellSouthBay.com for more information.

Buying your first Torrance home can be challenging.  Despite the Torrance CA real estate downturn, home prices in Torrance are still often out of reach to young families who want to buy their first home and take advantage of excellent Torrance schoolsand safe and beautiful Torrance neighborhoods.

If you are a first time homebuyer, or if you're thinking about downsizing, consider buying a condo or a townhome.  Torrance real estate consists of many nice single family home neighborhoods that also, include beautiful condo communities with excellent amemities, such as pools, spas, exercise rooms and more.  The HOA (Homeowner Association Fee) will cover the cost of those amenities, insurance, trash, water in most cases.

Torrance condo prices range from low $200,000 and up. 

If you're interested in buying a home in Torrance, contact Krystyna Baty - at 310.915.5027 or via email info@isellsouthbay.com.  Let Krystyna know how she can help you find your dream home!

 Pacific Terrace is a luxurious condo community in West Torrance, just minutes walk to the beach.  It's located at 5500 Torrance Blvd. just bordering South Redondo Beach. 

This resort style gated community offers beautiful, spacious 3 bd condos built in 1990.  Pacific Terrace complex offers a clubhouse, pool, sauna and fitness room.

Pacific Terrace condos have been selling between $405,000 - $435,000.

This year, total of 6 units sold at Pacific Terrace, two of them were pre-foreclosures (short sales) and four were stardard sales.  Currently there is only one unit listed for sale at $400,000 - it's a short sale.

Please contact me and I'll provide you with a Free Hot List of available condos at Pacific Terrace or any other community you're interested in.

If you're interested in buying a beautiful Pacific Terrace condo please contact your local Realtor - Krystyna Baty at (310)918-5027 or via email at info@isellsouthbay.com

Torrance Gardens is a charming Torrance neighborhood, comprised of mostly smaller single family homes but with mixed in larger four or more bedroom homes.  Torrance Gardens is bounded by Madrona Blvd, Crenshaw Bvld, Carson Blvd and Torrance Blvd. You'll find street named "Iris", "Maple", "Juniper", "Date" or "Hickory" in the Gardens.

If you're a fortunate Torrance Gardens resident, you can walk to the Farmers Market, beautiful walking paths, play tennis or baseball at nearby Wilson Park.  Torrance Courthouse , Police Station and the Library are also located in the area.  If you're in the mood for shopping or dining out, Del Amo Shopping Center is just a couple of blocks away.

Homes in the Torrance Gardens community have been selling in the $430,000 - $725,000 range this year.

Torrance Gardens homes

Please call your local Torrance real estate expert - Krystyna Baty- at 310-918.5027 or via e-mail info@isellsouthbay.com if you'd like more information or want to sell or buy a home at Torrance Gardens.

Marble Estates is a single family home community in Torrance.  It's comprised of 350 homes.  Marble Estates are bounded by Crenshaw Boulevard on the east, Greenwood Avenues on the west, 230th Place on the north and 234th Street on the south.  Average home size is 2,100 sq ft; average number of bedrooms is 3.76.  Most homes in this planned community were built in mid 1960s by Don Wilson Builders.

The Marble Estates community grew around two focal points that still draw new residents:  Hickory Park and Hickory Elementary School.  Small town atmosphere, family friendly, safe environment  and, at the same time, close proximity to shopping, restaurants  and South Bay beaches make this community desirable and sought after.

Marble Estates homes:

Marble Estates homes have been selling in the $700,000 - $900,000 range.  Torrance real estate market and home prices change constantly.  

If you're interested in current Marble Estates home prices and availability please contact your Torrance real estate expert - Krystyna Baty - call 310.918.5027 or e-mail info@isellsouthbay.com