Madrona Market Trends


Median Sales Price in Madrona

 

1 yr 5 yr Max
Madrona median sales prices
Number of sold homes in Madrona
Neighborhood Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
Madrona $656,000 +9.3% $490,000 $600,000 $577,500
Torrance $550,000 -2.7% $538,500 $565,000 $475,000
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Summary for Madrona


The median sales price for homes in Madrona for Apr 14 to Jul 14 was $656,000. This represents an increase of 33.9%, or $166,000, compared to the prior quarter and an increase of 9.3% compared to the prior year. Sales prices have appreciated 13.6% over the last 5 years in Madrona, Torrance. The median sales price of $656,000 for Madrona is 19.27% higher than the median sales price for Torrance CA. Average listing price for homes on Trulia in Madrona was $682,987 for the week ending Jul 16, which represents an increase of 5.9%, or $38,193 compared to the prior week and an increase of 11.3%, or $69,617, compared to the week ending Jun 25. Average price per square foot for homes in Madrona was $397 in the most recent quarter, which is 3.87% lower than the average price per square foot for homes in Torrance.

Average Listing Price in Madrona

 

Madrona average property price
Madrona – number of properties
Neighborhood Week ending
Jul 16
w-o-w Week ending
Jul 9
Week ending
Jul 2
Week ending
Jun 25
Madrona $682,987 +5.9% $644,794 $649,000 $613,370
Torrance $617,792 +0.3% $616,249 $607,391 $608,978
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Average Price Per Sqft. for Homes in Madrona

 

1 yr 5 yr Max
Madrona average price per square foot
Neighborhood Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
Madrona $397 +4.2% $469 $381 $402
Torrance $413 +7.8% $397 $383 $338
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Popular Neighborhoods in Torrance


Neighborhoods Week ending
Jul 16
w-o-w Week ending
Jul 9
Week ending
Jul 2
Northwest Torrance 1 1 2
Olde Torrance Neighborhood 2 2 3
West Torrance 3 +8 11 8
Southeast Torrance 4 -1 3 1
Walteria 5 +3 8 7
Riviera 6 6 6
Homes for Sale in Madrona
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