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.
|Homes Sold||Avg Price||Avg DOM*|
*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.