Torrance 2nd Qtr 2022 Market Report
Torrance 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.
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| Torrance | 2nd Qtr '22 | 2nd Qtr '21 | Difference |
| No of Homes Sold | 224 | 270 | -17% |
| Median Sold Price | $1,250,000 | $1,010,444 | +24% |
| Avg Sold Price | $1,286,785 | $1,055,851 | +22% |
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As of today, we have 135 homes listed for sale in Torrance, prices ranging from the high of $2.8K to the low of $430,000; We have a home for every price range!
Torrance 2nd Qtr 2022 Market Report
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