Torrance 2nd Qtr 2022 Market Report

Real Estate Broker/Owner with Broker California Lic 01485187

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 CA real estate market

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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Comments (1)

John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Krystyna Baty Ryan thank you for sharing very valuable Torrance market report 2nd quarter 2022. Have a great week!

Aug 02, 2022 08:38 PM