Torrance & Redondo Beach 1st Qtr Home Sales Report
Here is the latest real estate market report for South Bay LA with the detailed analysis of two selected markets: Redondo Beach and Torrance. These two markets represent the South Bay perfectly. However, the real estate is local and prices are local. If you'd like a more precise analysis of your neighborhood, we'll be happy to provide it anytime with no obligation.
In Torrance, single family home average sales price was $1,246,246 which was 13 percent higher than a year ago.
Redondo Beach average single family home price was $1,923.000 - that's a 17 percent increase. The sales volume both in Torrance and Redondo Beach was similar to previous year.
You can create your own market report for any market, city, zip code, area, property type, save and receive email update. It'll help you to be current with your area market conditions. These reports can be helpful if you're either a buyer or a seller in South Bay LA. Call us at (310)918-5027 with any questions.
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TORRANCE
Single Family Homes
| Torrance | 1st Qtr 2024 | 1st Qtr 2023 | Difference |
| No. of Sales | 133 | 134 | -1% |
| Average Price | $1,246,246 | $1,107,357 | +13% |
| Median Price | $1,200,000 | $1,075,000 | +12% |
| Days on Market | 19 | 39 | -20 days |
Condos and Townhomes
| Torrance | 1st Qtr 2024 | 1st Qtr 2023 | Difference |
| No. of Sales | 73 | 46 | +59% |
| Average Price | $719,024 | $633,280 | +14% |
| Median Price | $680,000 | $578,000 | +18% |
| Days on Market | 29 | 33 | - 4 days |
Torrance Market Report in Real Time
REDONDO BEACH
Single Family Homes
| Redondo Beach | 1st Qtr | 1st Qtr 2023 | Difference |
| No. of Sales | 38 | 40 | +5% |
| Average Price | $1,923,000 | $1,650,000 | +17% |
| Median Price | $1,838,000 | $1,508,000 | +22% |
| Days on Market | 35 | 43 | -8 days |
Condos and Townhomes
| Redondo Beach | 1st Qtr 2024 | 1st Qtr 2023 | Difference |
| No. of Sales | 56 | 57 | -2% |
| Average Price | $1,431,170 | $1,262,522 | +13% |
| Median Price | $1,385,000 | $1,150,000 | +20% |
| Days on Market | 35 | 49 | -14 days |
Redondo Beach Market Report in Real Time
Every market is different, sometimes a couple of blocks make a difference in valuation. Contact us at (310)918-5027 for your Free home evaluation or click below to get an instant report:
