Torrance CA Real Estate Market Update

By
Real Estate Broker/Owner with Broker California Lic 01485187

Torrance CA Real Estate Market Update

How's the market? I get asked this question a lot, especially lately, since it seems the real estate market is changing. It's too early to see the trend, so please contact us for your area update or your home market evaluation. We'll also be posting monthly and quarterly Torrance market updates.

Below are stats for last month compared to a year ago.

Torrance May 2021 Difference
No. of Homes Sold 82 - 9
Median Sold Price $960,250 +28%
Average Sold Price $1,104,774 +19%

 

Data for single family homes only. It's based on CRMLS.

Home sales were strong in Torrance last month. Just 9 fewer houses were sold.  Average single family home sold price was 28% higher than a year ago. The median sold price also went up.

As of today, 94 houses are listed for sale in Torrance; the average listed price is $1,379,307; median is $1,232,000.

If you're thinking about selling your home, contact us at (310)918-5027 or click below for your INSTANT home evaluation. 

 

FREE HOME EVALUATION TORRANCE

 

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If you are Buying, Selling or Relocating to the South Bay Los Angeles area and need help from the experienced, professional REALTOR®, I would be happy to assist you! Call (310)918-5027 or visit my South Bay real estate website for Free property searches and to sign up for free listing alerts, Redondo Beach, Torrance, Beach Cities real estate resources Free Home Evaluation and more!  Find me online:

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Comments (3)

Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Thanks for the update Krystyna. I used to live in Torrance. Looks like your market is still strong through May. 

Jun 21, 2022 10:40 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Hi,

Enjoyed your blog, and I added you as a friend. I would love the add back. Thanks Bill

Jun 21, 2022 12:55 PM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Thanks for sharing your market update with us. Buyers & sellers in your area would benefit from your services. Have a great day!

Jun 25, 2022 02:23 PM