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Torrance CA 3rd Qtr Real Estate Update

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Real Estate Broker/Owner with Broker California Lic 01485187

Torrance CA 3rd Qtr Real Estate Update

Torrance Market Report

Here is the latest real estate market report for Torrance - the largest South Bay LA market. Torrance CA represents the South Bay market perfectly. However, the real estate is local and home prices are local, changing depending on the particular neighborhood. If you'd like a more precise analysis of your neighborhood, we'll be happy to provide it with no obligation.

Torrance single family home average sale price was $1,291,169 in the 3rd qtr 2024 which was 9 percent higher when compared to the same period last year. The median price was $1,295,000 compared to $1,150,000. The price per sq ft was $799 vs. $746 y-o-y. 

All data is for single family homes and it is based on our local MLS.

 Contact us  if you're thinking about selling your Torrance property. Call (310)918-5027 for your Free home evaluation. 

TORRANCE

Single Family Homes

Torrance 3rd Qtr 2024 3rd Qtr 2023 Difference
No. of Sales 164 193 -15%
Average Price $1,291,169 $1,188.052 +9%
Median Price $1,295,000 $1,150,000 +13%
Days on Market 18 17 +1 day

You can create your own market report for any market, city, zip code, area, property type, save and receive email update. It'll help you to be current with your area market conditions. These reports can be helpful if you're either a buyer or a seller in South Bay LA. Call us at (310)918-5027 with any questions.

 Contact us  if you're thinking about selling your Torrance property. Call (310)918-5027 for your Free home evaluation. 

Currently the average listing price in Torrance is $1,208,522. 

Torrance CA 3rd Qtr Real Estate Update

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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(4)

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Dennis Neal
Exp Realty of Southern California, Inc. - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free
 

Krystyna, thank you for sharing this detailed update on the Torrance real estate market. The steady increase in average and median home prices is a testament to the area's desirability, despite the slight dip in the number of sales. It’s clear that understanding local market dynamics is crucial for both buyers and sellers, and your offer for personalized neighborhood analyses is invaluable!

Oct 19, 2024 06:11 PM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Krystyna Baty Ryan this is good information for both Buyers and Sellers in your area.

Oct 19, 2024 07:38 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker
Thanks for sharing your market update.  Great information for buyers and sellers in your area.
Oct 20, 2024 03:11 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello and thank you for your market report for your area, always good to compare other areas with mine.

 

Oct 20, 2024 09:37 AM