| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Riviera | $770,000 | -3.1% | $886,500 | $795,000 | $730,000 | Torrance | $475,000 | +0.5% | $444,250 | $472,556 | $525,000 |
The median sales price for homes in Riviera for Sep 09 to Nov 09 was $770,000. This represents a decline of 13.1%, or $116,500, compared to the prior quarter and a decrease of 3.1% compared to the prior year. Sales prices have appreciated 5.5% over the last 5 years in Riviera, Torrance.
The median sales price of $770,000 for Riviera is 62.11% higher than the median sales price for Torrance CA. Average listing price for homes on Trulia in Riviera was $1,024,421 for the week ending Dec 23, which represents an increase of 8.7%, or $82,415 compared to the prior week and an increase of 12.3%, or $112,189, compared to the week ending Dec 02. Average price per square foot for homes in Riviera was $471 in the most recent quarter, which is 41.02% higher than the average price per square foot for homes in Torrance.
| Neighborhood | Week ending Dec 23 | w-o-w | Week ending Dec 16 | Week ending Dec 9 | Week ending Dec 2 |
|---|---|---|---|---|---|
| Riviera | $1,024,421 | +8.7% | $942,006 | $927,958 | $912,232 | Torrance | $494,526 | +0.8% | $490,662 | $490,500 | $503,566 |
| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Riviera | $471 | -11.8% | $579 | $534 | $445 | Torrance | $334 | -1.2% | $334 | $338 | $381 |
| Neighborhoods | Week ending Dec 23 |
w-o-w | Week ending Dec 16 |
Week ending Dec 9 |
|---|---|---|---|---|
| Olde Torrance Neighborhood | 1 | +1 | 2 | 2 |
| Northwest Torrance | 2 | -1 | 1 | 1 |
| Southwood Riviera | 3 | +2 | 5 | 5 |
| Seaside | 4 | +2 | 6 | 7 |
| Riviera | 5 | +6 | 11 | 6 |
| Southwood | 6 | -3 | 3 | 12 |
Market Trends
Fair Housing and Equal Opportunity
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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