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Torrance home sales for March of 2016

By Keith Kyle

March was yet another very busy month for home sales in Torrance and the South Bay with home prices continuing to go up and the number of home sales rising as well.  The demand has been pretty overwhelming in certain areas such as West Torrance, South Torrance and the Hollywood Rivera and multiple offer situations selling over the list price being the norm.

Torrance saw 109 home sales in March of 2016 with the average list price of $648, 831 and the average sales price at $648,460 which again shows that very few homes are selling below list price….even in a market in which inflated prices are becoming more common.  The lowest priced home of the month was a 1 bedroom condo in the County Strip area (not actually part of Torrance but a Torrance P.O. making for much lower prices)at $172,900 and the most expensive was $1,160,000 for a 5 bed/4 bath, 3000 square foot single family home in the Hollywood Riviera.

Click any link below to see the homes sold in March of 2016.
El Segundo
Gardena
Hawthorne
Hermosa Beach
Hollywood Riviera
Lawndale
Manhattan Beach
Palos Verdes Estates
Rancho Palos Verdes
Redondo Beach
Rolling Hills Estates
San Pedro
Torrance

in Home Prices, Homes for Sale, Real Estate Market, Real Estate Trends Posted by Keith Kyle
Single family homes in Torrance

Home Sales are Up While Inventory Way Down in West Torrance

Keith KyleSingle family homes in Torrance

Where did all the homes go in West Torrance?

Well the limited number of homes that were on the market all sold leaving inventory down once again.

The chart below shows the number of active listings (light green) sold homes (dark green) and pending home sales (red line) The greater the discrepancy between active homes and sold homes indicates a buyers market and when the numbers are closer a sellers market is indicated as inventory is down. February saw 13 homes close escrow with only 6 active homes for sale. As of April 17th there are 8 active homes for sale and 13 homes in escrow.

 

in Home Prices, Homes for Sale, Torrance Real Estate, West Torrance Posted by Keith Kyle

An Abundance of Cool New Listings in North Torrance

By Keith KyleTorrance homes with a pool

A number of good looking homes hit the market this week in North Torrance offering some good options for those in the market.  Although prices have gone way up in North Torrance over the past 2 years, it’s still the best combination of neighborhood and home in a great neighborhood.

[idx-listings community=”N Torrance – West” statuses=”1″ propertytypes=”516″ orderby=”DateAdded” orderdir=”DESC” count=”10″ showlargerphotos=”true”]

in Homes for Sale, North Torrance West, Torrance Real Estate Posted by Keith Kyle
Homes for sale in the Hollywood Riviera

The Highest and Lowest Priced Homes in Torrance CA

Homes for sale in the Hollywood Riviera

**Please note that this is an older post from 2016 and home prices and values no longer reflect current market conditions

Torrance is a diverse community and home prices can certainly reflect that.  From multi million dollar homes along the bluff in the Hollywood Riviera, to the neighborhoods near the 110 Freeway, neighborhoods and home prices vary considerably.

Topping out the market at the moment is the home at 326 Calle De Arboles in the Hollywood Riviera.  The home is priced at $2,098,000 with 3,251 square feet and has been on the market almost 2 months as of this posting.  While the homes in the Hollywood Riviera are often Redondo Beach mailing addresses and zip codes, the homes are actually located in Torrance with award winning Torrance schools and services.

On the other side of the spectrum is the one bedroom condo located at 941 W Carson.  It’s listed at $205,000 and is a short sale property.  This section of Torrance is known as county strip.  Very much the opposite of the Hollywood Riviera this section of Torrance is actually not part of Torrance proper and is serviced by LA Unified Schools and LA City services.  As the schools are not at the same level (in most cases) as the Torrance Unified schools, values are always lower in this area.

in Home Prices, Homes for Sale, Real Estate Market Posted by Keith Kyle

15412 Roselle – Remodeled El Camino Village Single Family Home

By Keith Kyle15412_Roselle_Ave_front1 copy

***Please note that this home has sold**If you are still interested in the current homes for sale in El Camino Village visit our current listings site for updated El Camino Village MLS access.

Located at 15412 Roselle in the friendly neighborhood of El Camino Village, this home is in turn key condition and has been remodeled and meticulously maintained.

See more information on Lawndale CA real estate and homes for sale

Features include:

  • Remodeled kitchens and bathrooms
  • Gleaming oak hardwood floors
  • 3 bedrooms each overlooking either the front or back yards
  • 2 beautiful bathrooms
  • Swimming pool and backyard patio
  • Detached 2 car garage great for parking but could be utilized as game room with sliders to the pool
  • Landscaped front yard
  • Quiet EC Village street

Contact listing agent Keith Kyle for more information.

 

in Homes for Sale Posted by Keith Kyle

Torrance Housing Inventory Still Down But on the Rise

By Keith Kyle

The real estate market in Torrance CA continues to be driven by the lack of homes for sale but for the third straight month we have seen an increase in the number of homes for sale.  Inventory has been on the rise since the low point in December but still far below the norm.  We have also seen an increase in the pending home sales over that same period of time and it appears that the inventory will continue to rise as we head towards the usually busy summer buying and selling season.  See all of the Torrance homes for sale or search by neighborhoods.  To see the most recent Torrance home sales visit our closed sale pages.

in Buyers, Home Prices, Homes for Sale, Real Estate Trends, Torrance Real Estate Posted by Keith Kyle