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|
|$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|