Torrance CA zip code 90505 covers one of the most desired Torrance neighborhoods - South Torrance, Hollywood Riviera and Walteria. Real estate prices have increased this year. The inventory is still low and buyer demand exceeds supply.
October 2014 Torrance 90505 Median Price - $918,100
In October, median home price in zip code 90505 was $812,100, which represents the 6.8 percent price increase over last 12 months. Prices in that popular South Torrance zip code is projected to increase by 0.9% in next 12 months.
During October the median home value for 90505 increased 0.4% to $812,100 while the national median increased 0.4% to $177,500.
Today, total of 42 properties are listed for sale in the South Torrance area (zip 90505): 28 single family homes; 14 condos and townhomes.