torrance market: South Bay Market Report for Sept '23
- 10/18/23 11:36 AM
South Bay Market Report for Sept '23South Bay real estate market continues to be a seller's market due to the very low inventory, low demand, low home sales, high interest rates reducing the buyer pool. While the sales numbers are down, the prices are steady or a bit higher when compared to a year ago. See our August Report to compare numbers on the month to month basis. Higher interest rates have impacted buyers but the low inventory dampens their impact on home prices. Below are real estate market updates for selected major areas in South Bay CA and Beach Cities - … (2 comments)
torrance market: South Bay Real Estate Report for June '23
- 07/12/23 09:53 AM
South Bay Real Estate Report for June '23South Bay real estate sales slowed down and prices have come down but we do see signs of market stabilization. Numbers are up when compared to previous couple of months - see May Report. Despite higher interest rates, our local real estate market is showing a remarkable resilience, just like other markets. Below are selected real estate market reports for selected major markets in South Bay CA and Beach Cities. Below you'll find property selling data in June '23 vs. June '22. You'll also find links to see current listings and sold homes in last 3 … (1 comments)
torrance market: South Bay Los Angeles Market Report May '23
- 06/09/23 11:25 AM
South Bay real estate showed more signs of slowing down in May. Home sales are down as a result of higher interest rates and affordability issues. Below are selected real estate market reports for selected major markets in South Bay CA and Beach Cities. Below you'll find property selling data in May '23 vs. May '22. You'll also find links to see current listings and sold homes in last 3 months (all info is based on CRMLS). You may create your own market report for any market, city, zip code, area, property type, save and receive email update. Contact us for your … (3 comments)
torrance market: Torrance 2nd Qtr 2022 Market Report
- 08/02/22 03:56 PM
Torrance 2nd Qtr 2022 Market ReportTorrance real estate prices went up by over 20 percent in the 2nd quarter of 2022 compared with the same period a year ago. Sales have done down by 17% as the affordability has become an issue our area. Rising interest rates have also negatively impacted home sales. Below is the breakdown of the data for single family sales only, based on CRMLS. Contact Krystyna Ryan your local broker for your free home evaluation. Call (310)918-5027 or email krystynarealestate@gmail.com My team specializes in Torrance real estate. Visit us at: Torrance Real Estateto access all current Torrance listings, market reports, … (1 comments)
torrance market: Home Prices in Torrance CA for December 2016
- 01/11/17 01:12 PM
Torrance Home Prices Torrance homes prices recorded another increase in December. Home buyers took advantage of low interest rates, although they did inch up a bit in last few weeks. Low inventory of available homes for sale in Torrance CA continued to put pressure on prices. Below I provided the stats and graphs to illustrate the Torrance real estate market in detail. Today, there are 124 homes listed for sale in Torrance. The lowest home is listed at $189,000 and the highest at $2.5M. This shows the diversity of the Torrance real estate, from the ocean view Hollywood Riviera estates to entry level … (0 comments)
torrance market: Torrance Home Sales Report for December 2011
- 01/19/12 06:33 AM
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 … (1 comments)
South Bay Market Report for Sept '23South Bay real estate market continues to be a seller's market due to the very low inventory, low demand, low home sales, high interest rates reducing the buyer pool. While the sales numbers are down, the prices are steady or a bit higher when compared to a year ago. See our August Report to compare numbers on the month to month basis. Higher interest rates have impacted buyers but the low inventory dampens their impact on home prices.
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