Torrance CA Home Prices in December 2016

Home Prices in Torrance CA Torrance homes prices recorded another increase in December.  Home buyers took advantage of low interest rates, although the rates have ...

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Torrance CA Home Prices in December 2016

Posted by Krystyna Baty on Thursday, January 12th, 2017 at 8:33am.

Home Prices in Torrance CA

Torrance homes prices recorded another increase in December.  Home buyers took advantage of low interest rates, although the rates have been up in last few weeks. Low inventory of available homes for sale in Torrance CA continued to put an upward pressure on prices.  Below I provided the detailed data to illustrate the Torrance real estate market, current trends and prices in detail.  Today, there are 128 homes listed for sale in Torrance.  The lowest home is listed at $189,000 and the highest at $2.5M; average listing price is $667,735. This illustrates very well how diversified Torrance real estate is, from the ocean view Hollywood Riviera estates to entry level condos in East Torrance.

Median Price of homes in torrance, CA. Measured on December 04 2016.

 

Price Per Square Foot of homes in torrance, CA. Measured on December 04 2016.

 

Inventory of homes in torrance, CA. Measured on December 04 2016.

 Torrance Real Estate Market Summary

99 homes sold in Torrance CA in December 2016 compared with 119 a year ago.  Average sale price was $682,094 compared with $635,353 a year ago, which represents a 7% price increase.  The lowest sold price was $163,000; the highest was $1.5M.  Average DOM (days on market) was 29 days compared to 56 days a year ago.

Torrance Real Estate Statistics Today 1/12/17
Average Price: $667,735
Highest Listing Price: $2,488,000
Lowest Listing Price: $189,000

Search All Torrance Homes For Sale By Price

All Listings $100,000 - $200,000 $200,000 - $300,000
$300,000 - $400,000 $400,000 - $500,000 $500,000 - $600,000
$600,000 - $700,000 $700,000 - $800,000 $800,000 - $900,000
$900,000 - $1,000,000 Over $1,000,000

Browse Torrance CA By Area/Neighborhood


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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