Information is key to making sound real estate decisions. The information below should help you keep up with the market and provide valuable insight into where the market currently is and where it’s going in the future. See below for updated information such as number of active homes, pending sale, recent closed home sales and home prices for Torrance, Manhattan Beach, Hermosa Beach and Redondo Beach
Torrance saw a nice jump in home sales with a 154 recorded property sales for August of 2017. Overall the South Bay 
trended up from the previous year in terms of median home prices with only a few local cities seeing a decrease in y over year prices.
Torrance saw a median home price of just under $700,000 and the numbers continue to trend upward. To see all of the home sales in Torrance and the cities below visit our recent home sales page.
| City | Homes Sold |
August 2017 Median |
August 2016 Median |
Year over Year % Change% |
| Carson | 52 | $470,000 | $450,000 | 4.3% |
| El Segundo | 15 | $1,235,000 | $1,075,000 | 14.9% |
| Gardena | 53 | $495,000 | $472,000 | 4.9% |
| Harbor City | 20 | $521,000 | $522,000 | -.2% |
| Hawthorne | 45 | $583,000 | $575,000 | 1.4% |
| Hermosa Beach | 22 | $1,358,000 | $1,723,000 | 21.2% |
| Lawndale | 17 | $460,000 | $498,000 | -7.5% |
| Lomita | 19 | $610,000 | $619,000 | -1.5% |
| Long Beach | 404 | $490,000 | $463,000 | 5.9% |
| Manhattan Beach | 36 | $2,230,000 | $1,815,000 | 22.9% |
| Marina Del Rey | 37 | $940,000 | $1,059,000 | -11.2% |
| Palos Verdes Estates | 37 | $1,545,000 | $1,413,000 | 9.4% |
| Playa Del Rey | 27 | $625,000 | $623,000 | .3% |
| Rancho Palos Verdes | 60 | $1,088,000 | $1,065,000 | 2.2% |
| Redondo Beach | 118 | $975,000 | $969,000 | .6% |
| San Pedro | 78 | $572,000 | $481,000 | 19% |
| Torrance | 154 | $698,000 | $645,000 | 8.2% |
| Westchester | 50 | $1,180,000 | $1,093,000 | 8% |
What a month it was for home sales in Torrance and the South Bay. Double digit year over year changes were the 
norm but there was really no sense to it with some cities seeing major increases over June of 2016 and some seeing just as major drops in home prices.
Real estate in Torrance CA was no different with another double digit jump for the median home prices compared with July of 2016. Torrance was actually a bit more moderate than other areas but still saw 113 homes close escrow in July with a median home price of just under $687,000 Click here to see the recent home sales in Torrance and the South Bay.
| City | Homes Sold | July 2017 Median | July 2016 Median | Year over Year % Change% |
| Carson | 60 | $480,000 | $445,000 | 8% |
| El Segundo | 20 | $1,055,000 | $1,310,000 | -19.5% |
| Gardena | 65 | $549,000 | $454,000 | 21% |
| Harbor City | 15 | $439,000 | $550,000 | -20.2% |
| Hawthorne | 35 | $730,000 | $562,000 | 30% |
| Hermosa Beach | 19 | $2,025,000 | $1,410,000 | 43.6% |
| Lawndale | 15 | $515,000 | $430,000 | 19.8% |
| Lomita | 21 | $598,000 | $585,000 | 2.1% |
| Long Beach | 331 | $520,000 | $471,500 | 10.3% |
| Manhattan Beach | 48 | $2,449,000 | $2,200,000 | 11.3% |
| Marina Del Rey | 36 | $921,000 | $974,000 | -5.4% |
| Palos Verdes Estates | 28 | $1558,000 | $1,800,000 | -13.4% |
| Playa Del Rey | 20 | $613,000 | $629,000 | -2.5% |
| Rancho Palos Verdes | 63 | $1,345,000 | $1,160,000 | 15.9% |
| Redondo Beach | 95 | $975,000 | $920,000 | 6% |
| San Pedro | 63 | $542,000 | $542,000 | 0% |
| Torrance | 113 | $687,000 | $617,000 | 11.4% |
| Westchester | 33 | $1,185,000 | $1,116,000 | 6.2% |
For many, an oceanview home in the Hollywood Riviera is unaffordable. One option may be Village Palos Verdes 
located just south of Palos Verdes drive. Not only do many of the townhomes have great ocean views but the location is ideal with the community just a short walk to Torrance beach and Paseo De La Playa. The complex consists of approximately 180 units with current HOA (as of 8/17) around $480 a month. The street addresses for the homes in Village Palos Verdes are either Calle Mayor, Calle Miramar, Camino De Las Colinas or Palos Verdes Blvd (see map below).
The homes are located very close to Riviera Village shopping and downtown areas.
The homes are a combination of 2 and 3 bedrooms generally on 3 levels ranging between 1350 square feet and 1905 square feet. All have attached garages. The townhomes were built between 1974 and 1978 with some still having a fairly original feel and some being extensively remodeled. The community offers a pool and spa and is ideally located just a few blocks from the beach. Click here to see the current homes for sale in the Hollywood Riviera and Village Palos Verdes. For many years the concern about the community had been the large special assessment needed to update and renovate the exteriors from the original wood siding. Those changes took place several years ago and the community now has a wonderful look and feel.
Click any MLS number above for details and photos of the home.
*We are not the listing agent on the properties above and are providing this information as a service to our clients. We represent both buyers and sellers in the Hollywood Riviera and would be happy help with your search as well.
June was a big month for home sales in Torrance CA with a fairly huge number of homes selling. The summer months are always an active market and this year was no different with 184 homes selling.. Thats well above the normal number of Torrance homes selling in a month. Median home prices were up just a bit over June of the previous year with the median home in Torrance selling at $673,000. Click here to track all of the important real estate trends for Torrance CA.
| City | Homes Sold | June 2017 Median | June 2016 Median | Year over Year % Change% |
| Carson | 61 | $445,000 | $450,000 | -1.1% |
| El Segundo | 15 | $800,000 | $1,135,000 | -29% |
| Gardena | 70 | $461,000 | $430,000 | 7.2% |
| Harbor City | 19 | $465,000 | $547,000 | -15% |
| Hawthorne | 45 | $592,000 | $624,000 | -5.1% |
| Hermosa Beach | 26 | $1,718,000 | $1,274,500 | 34.8 |
| Lawndale | 12 | $535,000 | $519,000 | 3.1% |
| Lomita | 18 | $565,000 | $555,000 | 1.8% |
| Long Beach | 419 | $523,000 | $470,000 | 11.2% |
| Manhattan Beach | 57 | $2,467,000 | $1,924,000 | 28.2% |
| Marina Del Rey | 34 | $968,000 | $900,000 | 7.6% |
| Palos Verdes Estates | 46 | $1,679,000 | $1,533,000 | 9.5% |
| Playa Del Rey | 34 | $683,000 | $603,000 | 13.3% |
| Rancho Palos Verdes | 75 | $1,240,000 | $1,200,000 | 3.3% |
| Redondo Beach | 117 | $969,000 | $945,000 | 2.5% |
| San Pedro | 82 | $510,000 | $500,000 | 1.9% |
| Torrance | 184 | $673,000 | $635,000 | 5.9% |
| Westchester | 42 | $1,090,000 | $1,050,000 | 3.8% |
Torrance saw a big increase in the monthly number of home sales in May 2017 with 140 homes closing escrow. The median home price was an impressive $690,000 for the month. See the Torrance CA real estate market trends and statistics here. To see the homes that sold in Torrance CA for May visit our home sales page.
| City | Homes Sold |
May 2017 Median | May 2016 Median | Year over Year % Change% |
| Carson | 41 | $458,000 | $453,000 | 1.2% |
| El Segundo | 8 | $880,000 | $803,000 | 9.7% |
| Gardena | 65 | $523,000 | $425,000 | 23.1% |
| Harbor City | 14 | $503,000 | $439,000 | 14.5% |
| Hawthorne | 46 | $610,000 | $485,000 | 25.8% |
| Hermosa Beach | 26 | $1,738,000 | $1,285,000 | 35.3% |
| Lawndale | 16 | $485,000 | $455,000 | 6.5% |
| Lomita | 18 | $653,000 | $488,000 | 33.7% |
| Long Beach | 356 | $472,000 | $485,000 | -2.6% |
| Manhattan Beach | 46 | $2,175,000 | $1,875,000 | 16% |
| Marina Del Rey | 32 | $933,000 | $925,000 | 0.8% |
| Palos Verdes Estates | 47 | $1,650,000 | $1,499,000 | 10.1% |
| Playa Del Rey | 31 | $720,000 | $560,000 | 28.6% |
| Rancho Palos Verdes | 51 | $1,275,000 | $1,060,000 | 20.3% |
| Redondo Beach | 87 | $1,054,000 | $950,000 | 10.9% |
| San Pedro | 63 | $620,000 | $489,000 | 26.8% |
| Torrance | 140 | $690,000 | $593,000 | 16.4% |
| Westchester | 44 | $965,000 | $1,130,000 | -14.6% |
