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Home Prices in Torrance CA for November 2016

By Krystyna Baty Ryan

Real Estate Broker/Owner with Broker California Lic 01485187

December 06, 2016 10:01 AM

Torrance Home Prices

Torrance homes prices continued to rise in November. Home buyers took advantage of low interest rates and the availability of improved loan choices. At the same time, we have seen low inventory of available homes for sale in Torrance, which increased pressure on prices. Below are stats and graphs to illustrate the Torrance real estate market in detail. Today, there are 113 homes listed for sale in Torrance. The lowest home is listed at $199,000 and the highest at $2.5M.

Median Price of homes in torrance, CA. Measured on December 04 2016.

Price Per Square Foot of homes in torrance, CA. Measured on December 04 2016.

Inventory of homes in torrance, CA. Measured on December 04 2016.

Torrance Real Estate Market Report Summary

Total of 94 homes sold in Torrance CA in November 2016 compared with 82 in 2015. Average sale price was $677,548 compared with $569,961 a year ago, which represents a 19% price increase. The lowest sold price was $235,000; the highest was $1.349M. Average DOM (days on market) was 36 days compared with 104 days in November 2015.

Search All Homes For Sale in Torrance CA

All Listings	$100,000 - $200,000	$200,000 - $300,000
$300,000 - $400,000	$400,000 - $500,000	$500,000 - $600,000
$600,000 - $700,000	$700,000 - $800,000	$800,000 - $900,000
$900,000 - $1,000,000	Over $1,000,000