Madrona Market Trends


Median Sales Price in Madrona

 

1 yr 5 yr Max
Madrona median sales prices
Number of sold homes in Madrona
Neighborhood Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
Madrona $668,000 +36.9% $630,000 $488,000 $607,000
Torrance $560,500 +4.0% $590,000 $539,000 $507,500
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Summary for Madrona


The median sales price for homes in Madrona for Feb 15 to May 15 was $668,000. This represents an increase of 6%, or $38,000, compared to the prior quarter and an increase of 36.9% compared to the prior year. Sales prices have appreciated 10% over the last 5 years in Madrona, Torrance. The median sales price of $668,000 for Madrona is 19.18% higher than the median sales price for Torrance CA. Average listing price for homes on Trulia in Madrona was $592,300 for the week ending May 13, which represents a decline of 5.6%, or $34,925 compared to the prior week and a decline of 9.5%, or $62,217, compared to the week ending Apr 22. Average price per square foot for homes in Madrona was $430 in the most recent quarter, which is 2.87% higher 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
May 13
w-o-w Week ending
May 6
Week ending
Apr 29
Week ending
Apr 22
Madrona $592,300 -5.6% $627,225 $661,580 $654,517
Torrance $609,119 -1.8% $620,483 $606,754 $607,235
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Average Price Per Sqft. for Homes in Madrona

 

1 yr 5 yr Max
Madrona average price per square foot
Neighborhood Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
Madrona $430 +11.4% $470 $386 $388
Torrance $418 +3.5% $417 $404 $354
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Popular Neighborhoods in Torrance


Neighborhoods Week ending
May 13
w-o-w Week ending
May 6
Week ending
Apr 29
Olde Torrance Neighborhood 1 1 2
Southeast Torrance 2 2 3
Northwest Torrance 3 3 1
Seaside 4 4 5
Southwood Riviera 5 +2 7 6
Southwood 6 6 8
Homes for Sale in Madrona
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