Torrance CA Real Estate Market Report for 1st Qtr 2016

Torrance CA real estate market report - home prices, sales, listings in Torrance California

Torrance CA Real Estate Market Report for 1st Qtr 2016 Close
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Torrance CA Real Estate Market Report for 1st Qtr 2016

Posted by Krystyna Baty on Monday, April 18th, 2016 at 3:09pm.

Torrance real estate market in the first quarter was up in all categories - number of sales, home prices, average days on market.

210 homes were sold in Torrance (Torrance PO excluded); average list price was $684,427 and average selling price was $683,392 compared with 194 sales in 2015 at average list price of $650,094 and avg selling price $644,126. Based on our MLS data, sales were up by 8 percent, selling price was up by 6 %. The inventory of homes for sale in Torrance continues to be much lower than the demand which certainly contributed to the price increases.

Below is the snapshot of Torrance market today.

Torrance Real Estate Statistics as of 4/18/16

Total Listings: 229
Average Price: $663,140
Highest Listing Price: $1,898,000
Lowest Listing Price: $170,000

Call me today at (310)918-5027 if you're buying or selling a home in Torrance California.

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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