Torrance Real Estate in 2016

Torrance Real Estate in 2016 Real estate market in Torrance CA was strong and marked rising home prices and increased home sales numbers.  Helped by low mortgage i...

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Torrance Real Estate in 2016

Posted by Krystyna Baty on Friday, January 20th, 2017 at 11:06am.

Torrance Real Estate in 2016

Real estate market in Torrance CA was strong and marked rising home prices and increased home sales numbers.  Helped by low mortgage interest rates, Torrance homebuyers often competed for houses and condos.  We continued to be in the seller's market due to the low inventory and "cheap" loans. Average Torrance home price went up by 5%; number of sales also went up by 5%. lowest home sold at $215,000, the highest at $2.3M. Here is more information on Torrance home sales, trends, average price. 

Torrance Real Estate  2016 2015 Difference
No. of sales  1117  1067  +5%
 Average Sales Price  $701,947  $665,399  +5%
 Average Days on Market  45  48  -6%

Real estate is local. Price changes vary from a neighborhood to a neighborhood.  If you're thinking about selling, contact me anytime with questions or to get a free home evaluation.

Search All Torrance Homes For Sale By Price

All Listings $100,000 - $200,000 $200,000 - $300,000
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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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