Torrance CA Real Estate Report -March 2022
Torrance CA real estate market data reflects the continuing seller's market. Low inventory (the inventory is even lower than a year ago) and home buyers trying to take advantage of low interest rates before the Fed hikes, create the imbalance between demand and availability resulting in multiple offers and rising prices.
As you'll see below, home prices in Torrance real estate increased by 11% and 13%, average and median sold prices respectively , for single family homes (houses).
| Torrance | March 2022 | March 2021 | Difference |
| No. of Homes Sold | 68 | 90 | -32% |
| Median Sold Price | $1,225,000 | $1,080,500 | +13% |
| Average Sold Price | $1,201,228 | $1,078,912 | +11% |
Data for single family homes only from CRMLS
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Torrance CA Real Estate Report -March 2022
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