Category: Torrance
Torrance Real Estate Market at a Glance – Q2 Trends
The numbers for the 2nd quarter are in and here’s a quick recap for real estate in Torrance CA during April-June. The number of sold homes was way down compared with 2019. There were 225 closed home sales in Torrance in 2020 compared with 325 in the same months during 2019. The rest of the trends all looked great however. The median selling prices was an impressive $822,000 and days on market was a very short 26. The average price per foot also jumped quite a bot to $524.
View the current homes for sale in Torrance CA
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Torrance Real Estate Stats for May 2020
Welcome to our real estate recap for Torrance CA. While the homes in the Hollywood Riviera might have a Redondo Beach mailing address, they’re actually in and serviced by the city of Torrance so it’s good to keep an eye on both the Redondo Beach real estate market and the Torrance real estate market. The number of homes that sold had a huge drop going from 123 closed home sales in May of 2019 to only 49 in May of 2020. The good news is that home prices were solid with a median sales price of $786,000 and an average price per foot of $514. The homes that sold averaged only 20 days on market. View a list of the homes that sold over the past month.
