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Torrance Market Trends

Today, December 2, 2009

Median Sales Price in Torrance

Embed Info
1 yr 5 yr Max
Torrance median sales prices
Number of sold homes in Torrance
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$245,000+12.9%$300,000$217,000$253,000
2 bedrooms$375,000-1.3%$345,000$380,000$430,000
3 bedrooms$495,000-2.0%$500,000$505,000$525,000
4 bedrooms$628,000-2.6%$615,000$645,000$650,000
All properties$469,000-1.3%$447,000$475,000$513,000
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Torrance Summary

The median sales price for homes in Torrance CA for Aug 09 to Oct 09 was $469,000. This represents an increase of 4.9%, or $22,000, compared to the prior quarter and a decrease of 1.3% compared to the prior year. Sales prices have depreciated 8.6% over the last 5 years in Torrance.

The average listing price for Torrance homes for sale on Trulia was $506,975 for the week ending Nov 25, which represents an increase of 0.8%, or $3,827, compared to the prior week and an increase of 0%, or $11, compared to the week ending Nov 04. Average price per square foot for Torrance CA was $338, a decrease of 3.4% compared to the same period last year. Popular neighborhoods in Torrance include Southwood Riviera, Northwest Torrance, Olde Torrance Neighborhood, Riviera, Southeast Torrance, and Madrona.

 

Average Listing Price in Torrance

Embed Info
1 yr 5 yr Max
Torrance average property price
Torrance – number of properties
No. BedroomsWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
1 bedroom$247,129+1.1%$244,345$248,717$238,331
2 bedrooms$353,923+1.0%$350,280$350,145$340,974
3 bedrooms$534,1980.0%$534,282$541,888$543,501
4 bedrooms$683,738-1.8%$696,270$712,391$717,497
All properties$506,975+0.8%$503,148$506,909$506,986
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Average Price Per Sqft for Homes in Torrance

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1 yr 5 yr Max
Torrance average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$302-11.2%$309$340$399
2 bedrooms$332-6.5%$324$355$410
3 bedrooms$357-2.7%$354$367$391
4 bedrooms$319-3.9%$311$332$339
All properties$338-3.4%$327$350$379
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Popular Neighborhoods in Torrance

Neighborhoods Week ending
Nov 25
w-o-w Week ending
Nov 18
Week ending
Nov 11
Southwood Riviera 1 +4 5 6
Northwest Torrance 2 — 2 2
Olde Torrance Neighborhood 3 -2 1 1
Riviera 4 +4 8 8
Southeast Torrance 5 +1 6 4
Madrona 6 +6 12 12
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Homes for Sale in Torrance

822 West 219th Street, Torrance CA
822 W 219th…
$215,000
2 br  1 ba
20434 South Vermont Avenue #65, Torrance CA
20434 S Ve…
$152,500
1 br  1 ba
2616 Sonoma Street, Torrance CA
2616 Sonoma…
$1,195,000
5 br  4 ba
4716 Paseo De Las Tortugas, Torrance CA
4716 Paseo…
$1,250,000
4 br  2 ba
1230 Madrid Avenue, Torrance CA
1230 Madrid…
$460,000
3 br  1 ba
3101 Plaza Del Amo #74, Torrance CA
3101 Plaza…
$549,000
3 br  2 ½ ba
View all Torrance Homes for Sale
 
Stats & Trends
Torrance

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Neighborhoods

Southwood Riviera

Northwest Torrance

View more neighborhoods or ZIPs
  • Chatelaine
  • Country Hills
  • Delthome
  • Gramercy Place
  • Hillside
  • La Terraza
  • Madrona
  • Marble Estates
  • Merit-Carson
  • New Horizons South Bay
  • Northeast Torrance
  • Northwest Torrance
  • Olde Torrance Neighborhood
  • Pacific Colony
  • Pacific South Bay
  • Palo del Amo
  • Park Plaza
  • Pueblo
  • Riviera
  • Seaside
  • South Bayport
  • Southeast Torrance
  • Southwood
  • Southwood Riviera
  • Southwood Sunray
  • Springwood
  • Summerwind
  • Torrance Beach
  • Torrance Heights Civic
  • Torrance Windemere
  • Verdi Estates
  • Walteria
  • West Torrance
  • Windsong
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  • 90501
  • 90502
  • 90503
  • 90504
  • 90505
  • 90506
  • 90507
  • 90508
  • 90509
  • 90510
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Nearby Cities

Cities
Median
sales price
Average
listing price
Harbor City
$380,000
$362,472
Lomita
$408,000
$452,767
Long Beach
$299,500
$479,878
Carson
$278,050
$319,877
Redondo Beach
$660,000
$919,886
Gardena
$285,000
$322,543
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Advice

Recent Q&A in Torrance, CA

Q: We're in a short sale escrow. The buyers bank has said our condo doesn't have a HOA, therefore we're violating the law. 1 answer
Q: I am trying to find on site property manager position in Torrance, Ca. Any suggestions on how to do this? Be the first to answer
Q: I be moving to south bay in January. I will be working in Torrance and am looking for a 2 bed. townhome location. Location for resale is prime. 600k? 9 answers
Q: What happens to the second lender (80/20) when a short sale is effected? 4 answers
Q: Can I stop making payments to my lender once I enter into a "short sale" process? 4 answers

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More Advice:
  • Recent Q&A in Torrance, CA
  • Recent blog posts in Torrance, CA
  • Find a real estate professional Torrance, CA

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Nearby Cities Sold Homes

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Nearby Cities Home Prices

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Torrance Stats & Trends

  • Torrance Real Estate Overview
  • Torrance Schools
  • Torrance Community Info
  • Torrance Home Prices
  • Torrance Real Estate
  • Torrance Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Torrance real estate market. Find Torrance properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Torrance average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Torrance housing statistics are available for each Torrance, CA neighborhood.
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About this Info
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.

 
   
About this Info
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.

 
   
About this Info
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.

 
   
About this Info
Average Price per Square Foot 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.