Torrance Real Estate Market Report - December 2011

Torrance CA real estate market report

Torrance Real Estate Market Report - December 2011 Close
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Torrance Real Estate Market Report - December 2011

Posted by Krystyna Baty on Wednesday, January 25th, 2012 at 11:31am.

The Torrance average home selling price was down by 1% in December '11 when compared to same period a year ago.The average home selling price was $542,963 in Torrance (Torrance proper only - Torrance PO not included) By comparison, average selling price in Torrance was $512,557 in November, $526,543 in October and it was $499,705 in September. This data indicates an upward price trend over last few months. Number of sales was down by 3% after a huge over 40% spike in November.

Torrance

Homes Sold Avg Price Avg DOM*
Dec 2011 65 $542,963 86
Dec 2012 85 $548,608 85

*All stats are compiled from the California Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. *DOM - days on market All stats are for Torrance proper - Torrance PO is not included.

Single family homes in Torrance were also down last month.  Average house sold for $581,725 compared with $618,413 12 months ago - 6% drop in average price.


Krystyna Baty, experienced real estate broker, is committed to the highest standards of professional service for all your South Bay Real Estate needs. I pride in getting top dollar for our home sellers in the least amount of time. For our home buyers my team employs our extensive knowledge and experience to find the perfect home. If you would like more information in regards to buying or selling a home, please email or call me at (310)918-5027 today!

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