La Terraza Market Trends


Summary for La Terraza


The median sales price for homes in La Terraza for Oct 14 to Jan 15 was $740,000. This represents an increase of 15.6%, or $100,000, compared to the prior quarter and a decrease of 2.6% compared to the prior year. Sales prices have appreciated 27.6% over the last 5 years in La Terraza, Torrance. The median sales price of $740,000 for La Terraza is 27.59% higher than the median sales price for Torrance CA. Average listing price for homes on Trulia in La Terraza was $849,900 for the week ending Jan 28, which represents a decline of 0%, or $0 compared to the prior week and a decline of 1.2%, or $10,100, compared to the week ending Jan 07. Average price per square foot for homes in La Terraza was $354 in the most recent quarter, which is 14.49% lower than the average price per square foot for homes in Torrance.

Popular Neighborhoods in Torrance


Neighborhoods Week ending
Jan 28
w-o-w Week ending
Jan 21
Week ending
Jan 14
Southeast Torrance 1 1 3
Northwest Torrance 2 2 2
Olde Torrance Neighborhood 3 3 1
Southwood 4 +1 5 6
Southwood Riviera 5 +4 9 4
Northeast Torrance 6 -2 4 7