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Location, Location, Location – Oceanfront Home in the Hollywood Riviera

Beachfront homes in the Hollywood Riviera don’t come along all that often. If you’re looking for something out of the ordinary, 505 Paseo De La Playa might be the home and location for you.  The home is listed at $5,500,000 this is a 4 bedroom (one bedroom downstairs and 3 upstairs), 3 bath home with just under 3,200 square feet.  Offering really large (by South Bay standards) lots that extend all the way from Paseo De La Playa to the sands of Torrance Beach they are very unlike the beachfront homes of the Manhattan Beach Strand and Hermosa Strand,    It’s rare to see one of these incredible oceanfront homes hit the market and this is no exception.  Built in 1962 it’s an older home that feels pretty dated and will likely get/need quite a bit of work to become a luxury home,  but as they say in real estate, “location, location, location”.

505 Paseo De La Playa

Details:

  • 4 bedrooms
  • 3 baths
  • 3,179 square feet
  • 26,985 foot lot
  • Oceanfront
  • Priced at $5,500,000

Contact us for more information or virtual tour

505 Paseo De La Playa Information

in Hollywood Riviera, Homes for Sale, Redondo Beach, Torrance Real Estate Posted by Keith Kyle

Big Jump In Pending Home Sales for Torrance

Although this is likely to change given the challenges of Covid 19 and it’s impact on local real estate, the beginning of 2020 has seen a big jump in pending home sales in Torrance.  December of 2019 saw a multi year low, due primarily to the very low number of available homes for sale.  That has changed dramatically since the new year, however…..pending homes sales have gone from 49 in December to,  83 in January to 124 in February (March numbers should be coming soon).

Torrance real estate in the past 15 months

in Home Prices, Homes for Sale, Real Estate Trends, Torrance Real Estate Posted by Keith Kyle
New Horizons senior condos in Torrance

Torrance Market Update – March 2020 Home Sales in Torrance CA

March 2020 was another solid month for real estate in Torrance CA….the South Bay’s largest city.  There were 84 on market closed sales during the month which is down slightly from March 2019 but was still the highest since the beginning of 2020.  The number of pending sales has jumped considerable each month of 2020 thus far so one would have expected that to continue.

View the current homes for sale in Torrance

March numbers were not yet impacted by Covid 19 so that will likely change things quite a bit as many “pending” escrows have fallen out and are now back on the market.  The median asking price was $787,000 with the median “sold” price at $815,000 which means that home were selling WAY over the list price indicating a market VERY favorable to sellers.  The average price per foot was $515.80 and median days on the market was only 9 before going into escrow.  4 of the sales were in the 55+ community of New Horizons which was certainly more than any other specific neighborhood.

March 2020 Torrance Home Sales

Type   Address Price $ Per Foot Bed/Bath Sq Feet Year Built Sold Date
TWNHS 1445 W 224TH ST   #5 $495,000 $348.59 3/1,1,1,0 1420/A 2007/ASR 3/10/2020
CONDO/A 20434 S Vermont AVE   #72 $267,500 $407.77 1/1,0,0,0 656/A 1978/ASR 3/13/2020
CONDO/A 1129 Sepulveda BLVD   #M201 $348,000 $437.19 2/1,0,0,0 796/A 1973/ASR 3/25/2020
CONDO/A 23334 Sesame ST   #C $360,000 $434.26 2/2,0,0,0 829/A 1973/ASR 3/16/2020
CONDO/A 806 Coriander DR   #G $365,000 $440.29 2/2,0,0,0 829/A 1973/ASR 3/27/2020
CONDO/A 21858 S Vermont Av    #4 $377,000 $403.64 2/2,0,0,0 934/A 1994/ASR 3/2/2020
CONDO/A 23334 Sesame ST   $390,000 $470.45 2/1,1,0,0 829/A 1973/ASR 3/3/2020
SFR/D 23033 Alexandria AVE   $420,000 $259.42 3/1,0,0,0 1619/A 1956/ASR 3/27/2020
SFR/D 1056 W 220th ST   $461,500 $456.03 3/1,0,0,0 1012/A 1952/PUB 3/4/2020
SFR/D 1040 Fiat ST   $500,000 $520.83 3/1,0,0,0 960/A 1954/ASR 3/5/2020
SFR/D 23111 Alexandria AVE   $540,000 $575.69 2/1,0,1,0 938/A 1956/ASR 3/27/2020
SFR/D 1057 Fiat ST   $542,000 $564.58 3/1,0,0,0 960/A 1954/ASR 3/26/2020
SFR/D 21419 Marigold AVE   $580,000 $428.99 3/1,1,0,0 1352/A 1959/ASR 3/10/2020
SFR/D 711 Gian DR   $730,000 $302.03 4/3,0,0,0 2417/A 1968/EST 3/25/2020
SFR/D 22530 Meyler ST   $735,000 $422.66 4/2,0,0,0 1739/A 1961/ASR 3/23/2020
SFR/D 2611 Nearcliff ST   $774,000 $735.04 3/1,0,0,0 1053/A 1954/ASR 3/27/2020
SFR/D 3202 Singingwood DR   $850,009 $421.84 3/3,0,0,0 2015/A 1976/ASR 3/10/2020
SFR/D 3314 Danaha ST   $878,700 $631.70 3/2,0,0,0 1391/A 1949/ASR 3/27/2020
SFR/D 3326 Primm WAY   $900,000 $843.49 3/1,0,0,0 1067/A 1950/ASR 3/26/2020
SFR/D 25811 Matfield DR   $921,000 $594.19 3/2,0,0,0 1550/A 1956/ASR 3/24/2020
SFR/D 3506 Senefeld DR   $940,000 $755.63 3/2,0,0,0 1244/A 1951/ASR 3/6/2020
SFR/D 3014 Softwind WAY   $1,065,000 $575.05 3/3,0,0,0 1852/A 1975/ASR 3/25/2020
SFR/D 3321 Candlewood RD   $1,300,000 $520.21 4/3,0,1,0 2499/A 1975/ASR 3/26/2020
DPLX/D 24458 Park ST   $1,599,000 $533.00 5/3,0,0,0 3000/A 1962/ASR 3/9/2020
TWNHS/A 3101 Plaza Del Amo    #104 $623,000 $525.30 2/2,0,1,0 1186/A 1986/ASR 3/16/2020
TWNHS/A 2971 Plaza Del Amo    #293 $658,000 $483.47 2/3,0,0,0 1361/A 1985/ASR 3/20/2020
TWNHS/A 3538 Torrance BLVD   #156 $815,000 $454.80 3/2,0,1,0 1792/A 2005/ASR 3/24/2020
SFR/D 2510 Dorset    $1,065,000 $431.17 4/2,0,1,0 2470/A 1991/ASR 3/27/2020
CONDO/A 22647 Nadine CIR   #A $443,000 $396.60 1/2,0,0,0 1117/A 1963/PUB 3/13/2020
CONDO/A 22645 Nadine CIR   #B $455,000 $407.34 2/2,0,0,0 1117/A 1963/ASR 3/12/2020
CONDO/A 22913 Maple AVE   #B $475,000 $425.25 2/2,0,0,0 1117/P 1963/ASR 3/6/2020
CONDO/A 22628 Nadine CIR   #A $490,000 $515.79 2/2,0,0,0 950/A 1963/PUB 3/31/2020
CONDO/A 23016 Nadine CIR   $515,000 $532.57 2/1,0,0,0 967/A 1963/ASR 3/2/2020
SFR/D 3514 W 224th ST   $862,500 $544.85 3/1,0,1,0 1583/A 1954/ASR 3/24/2020
SFR/D 22910 Wade AVE   $1,185,000 $357.79 4/2,0,1,0 3312/A 1976/ASR 3/13/2020
SFR/D 4317 Highgrove AVE   $1,050,000 $630.25 3/1,0,1,0 1666/A 1954/ASR 3/9/2020
SFR 4427 VISTA LARGO    $1,325,000 $784.02 4/2,0,1,0 1690/ 1958 3/6/2020
SFR/D 4621 Via El Sereno    $1,428,015 $653.85 4/1,2,0,0 2184/A 1963/ASR 3/19/2020
SFR/D 4002 W 234th ST   $830,000 $547.49 3/2,0,0,0 1516/A 1961/ASR 3/18/2020
SFR/D 23224 Anza AVE   $940,000 $554.25 4/2,0,0,0 1696/E 1960/EST 3/4/2020
SFR/D 23633 Ladeene AVE   $980,000 $655.08 3/1,1,0,0 1496/A 1962/ASR 3/23/2020
SFR/D 4616 mindora DR   $990,000 $769.83 3/0,1,0,0 1286/A 1951/ASR 3/16/2020
SFR 4134 PACIFIC COAST HWY   #124 $1,087,000 $434.80 3/2,0,1,0 2500/AP 2001 3/17/2020
SFR/D 5130 Sepulveda BLVD   $1,100,100 $428.22 4/2,2,0,0 2569/A 1952/ASR 3/13/2020
SFR 22329 LADEENE AVE   $1,269,400 $575.43 4/3,0,0,0 2206/ 1953 3/23/2020
SFR/D 22312 Ladeene AVE   $1,270,000 $488.46 5/3,0,0,0 2600/A 1953/ASR 3/31/2020
SFR/D 23203 Los Codona AVE   $1,344,015 $604.32 4/3,0,0,0 2224/A 1965/ASR 3/3/2020
SFR/D 3855 Tiffany CT   $1,360,000 $436.88 5/3,0,0,0 3113/A 1977/ASR 3/3/2020
SFR 22006 ANZA AVE   $895,000 $563.96 3/2,0,0,0 1587/ 1956 3/4/2020
SFR/D 22117 Palos Verdes BLVD   $948,000 $522.89 3/2,0,0,0 1813/A 1955/ASR 3/27/2020
SFR/D 21509 Ladeene AVE   $1,277,000 $674.95 4/3,0,1,0 1892/A 1956/PUB 3/13/2020
TWNHS/A 4438 Spencer ST   #9 $730,000 $431.70 2/2,0,1,0 1691/A 1984/ASR 3/27/2020
TWNHS/A 5208 W 190th ST   $775,000 $423.27 3/1,1,1,0 1831/P 1976/ASR 3/12/2020
SFR/D 4770 W 191st ST   $890,000 $485.81 3/1,0,0,0 1832/A 1954/ASR 3/1/2020
SFR/D 19521 Beckworth AVE   $945,000 $540.00 3/1,1,0,0 1750/A 1954/ASR 3/11/2020
SFR/D 5019 Halison ST   $1,074,000 $561.13 4/2,0,0,0 1914/A 1973/ASR 3/4/2020
SFR/D 5009 Maricopa ST   $1,451,000 $593.94 5/2,0,1,0 2443/A 1959/ASR 3/24/2020
TWNHS/A 4033 W 182nd ST   #C $475,000 $287.53 2/1,0,1,0 1652/A 1980/ASR 3/16/2020
SFR/D 4303 W 178th ST   $708,000 $679.46 2/2,0,0,0 1042/A 1949/ASR 3/24/2020
SFR/D 3705 W 180th PL   $715,000 $642.99 3/1,0,0,0 1112/A 1953/ASR 3/26/2020
SFR/D 3705 W 180th PL   $715,000 $642.99 3/1,0,0,0 1112/P 1953/ASR 3/26/2020
SFR/D 3924 W 187TH ST   $790,000 $670.63 3/1,0,1,0 1178/A 1956/ASR 3/11/2020
SFR/D 16703 Ermanita AVE   $800,000 $638.98 3/2,0,0,0 1252/A 1952/ASR 3/25/2020
SFR/D 3116 W 185th ST   $860,000 $564.30 3/1,1,0,0 1524/A 1950/ASR 3/5/2020
SFR/D 18426 Yukon AVE   $950,000 $484.20 4/2,0,1,0 1962/A 1954/ASR 3/17/2020
TWNHS/A 18413 Van Ness AVE   $560,000 $423.92 2/1,1,1,0 1321/A 1964/ASR 3/4/2020
SFR/D 1948 W 187th PL   $625,000 $496.03 3/2,0,0,0 1260/A 1958/ASR 3/5/2020
SFR/D 18825 Wilton PL   $661,500 $443.36 3/2,0,0,0 1492/A 1951/ASR 3/10/2020
SFR/D 18410 Haas AVE   $779,000 $628.23 3/1,1,0,0 1240/A 1955/ASR 3/20/2020
SFR/D 18049 Saint Andrews PL   $815,000 $378.01 4/3,0,0,0 2156/A 1961/ASR 3/26/2020
SFR/D 16216 Taylor CT   $832,000 $509.18 3/2,0,0,0 1634/A 1953/ASR 3/17/2020
SFR/D 17020 Kristin AVE   $840,000 $701.17 3/2,0,0,0 1198/A 1955/ASR 3/3/2020
SFR/D 2131 W 184th ST   $851,000 $425.07 3/1,1,0,0 2002/A 1962/ASR 3/4/2020
SFR/D 1012 Sierra PL   $680,000 $564.78 2/1,1,0,0 1204/A 1950/ASR 3/19/2020
TWNHS/A 2714 Cabrillo AVE   $705,000 $427.27 2/2,0,1,0 1650/A 2006/PUB 3/2/2020
TWNHS/A 1800 Oak ST   #351 $756,000 $507.38 2/2,0,1,0 1490/A 2007/ASR 3/17/2020
TWNHS/A 2303 Jefferson ST   #1208 $859,000 $403.10 3/3,0,0,0 2131/B 2010/ASR 3/6/2020
SFR/D 2416 Santa Cruz CT   $899,000 $386.67 3/2,0,0,0 2325/A 1977/PUB 3/16/2020
SFR/D 1767 W 245th ST   $620,000 $573.01 3/1,0,0,0 1082/A 1952/ASR 3/17/2020
SFR/D 23727 Alliene AVE   $770,000 $691.20 3/1,0,0,0 1114/A 1953/ASR 3/11/2020
SFR/D 2409 W 235th ST   $885,000 $492.76 4/2,0,0,0 1796/A 1959/ASR 3/20/2020
SFR/D 2416 W 228th St    $920,000 $519.48 3/2,0,0,0 1771/A 1971/ASR 3/10/2020
SFR/D 2371 W 235th PL   $1,150,000 $511.11 5/3,0,0,0 2250/A 1963/ASR 3/3/2020
CONDO/A 3220 Merrill DR   #43 $325,000 $477.94 1/1,0,0,0 680/A 1964/ASR 3/10/2020

 

in 55+ Homes, Home Prices, Homes for Sale, Real Estate Market, Real Estate Trends, Torrance Real Estate Posted by Keith Kyle
Gated community of Breakers at Plaza Del Amo Torrance

Real Estate Recap – Torrance CA Home Sales and Prices for February 2020

February was a slow month for closed home sales in Torrance Calfornia with only 71 homes sold during the month. That’s the fewest home sales in a month over the past 18 months other than December 2018 and 2019 (which is typically very slow) Prices were solid as they’ve been over the past 18 months with the median list prices of $717,500 and a median sales price of $700,000.  Average price per foot for sold homes in Manhattan Beach was $532.  Median days on market was only 13 which is incredibly low and is another indication of a strong sellers market.  Old Torrance saw the most home sales with 10.   See the Torrance real estate stats for the past 15 months below.

View the current homes for sale in Torrance CA

February 2020 Home Sales and Prices in Torrance.

MLS # Type Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
DW19263303 SFR/D 1604 W 226th ST $510,000 $675.50 2/1,0,0,0 755/A 1952/ASR 2/5/2020
20548890 SFR 21126 Denker AVE $580,000 $591.23 2/1,0,0,0 981/O 1952 2/26/2020
PW19193695 SFR/D 1302 Harmony WAY $659,000 $321.46 4/4,0,0,0 2050/A 2007/ASR 2/12/2020
OC20014416 SFR/D 20951 Halldale AVE $795,000 $519.61 4/2,0,0,0 1530/A 1951/ASR 2/21/2020
SW19148442 SFR/A 21405 S Normandie AVE $978,990 $364.89 4/4,0,0,0 2683/B 2018/BLD 2/21/2020
SB20022832 TWNHS/A 22330 Harbor Ridge LN #5 $400,125 $310.90 3/2,0,0,0 1287/A 1980/ASR 2/14/2020
SB20015190 CONDO/A 22232 S Vermont AVE #203 $405,000 $421.44 2/2,0,0,0 961/A 1985/ASR 2/27/2020
RS19282196 CONDO/A 20553 S Vermont AVE #1 $420,000 $433.88 2/0,2,0,0 968/A 1982/ASR 2/3/2020
19532922 SFR 21028 Royal BLVD $520,000 $594.29 2/1,0,0,0 875/ 1954 2/6/2020
SB20014741 SFR/D 1012 Clarion DR $590,000 $503.41 3/1,1,0,0 1172/A 1959/ASR 2/20/2020
SB20014479 SFR/D 20809 Orchard AVE $613,000 $523.04 3/2,0,0,0 1172/A 1961/ASR 2/5/2020
OC20016855 SFR/D 912 W 214th ST $695,000 $408.82 3/1,1,0,0 1700/A 1960/ASR 2/28/2020
SB19273083 SFR/D 23329 Berendo AVE $800,000 $300.98 5/1,2,0,0 2658/A 1969/ASR 2/11/2020
SB20013550 TWNHS/A 3718 Newton ST $654,000 $568.70 2/1,1,1,0 1150/A 2010/ASR 2/20/2020
SB20002097 SFR/D 4006 W 242nd ST $840,000 $889.83 2/1,0,0,0 944/A 1949/ASR 2/25/2020
19531970 CONDO 2605 SEPULVEDA #201 $455,000 $458.21 1/1,0,1,0 993/ 2003 2/5/2020
SB19271335 CONDO/A 2605 Sepulveda BLVD #208 $510,000 $428.21 2/1,1,0,0 1191/A 2003/ASR 2/27/2020
SB20017286 SFR/D 2360 Del Amo $540,000 $830.77 2/1,0,0,0 650/A 1948/ASR 2/21/2020
SB19287069 TWNHS/A 3520 Maricopa ST #22 $626,000 $453.62 2/1,1,1,0 1380/A 1975/ASR 2/11/2020
PV20010588 TWNHS/A 2800 Plaza Del Amo #368 $665,000 $561.18 2/2,0,1,0 1185/A 1987/ASR 2/12/2020
SB20013809 CONDO/A 2563 Plaza Del Amo #412 $680,000 $521.87 2/2,0,0,0 1303/A 1985/ASR 2/14/2020
SB19281927 TWNHS/A 2300 Maple AVE #58 $781,800 $454.27 3/2,0,1,0 1721/A 1989/ASR 2/13/2020
20543458 TWNHS 2300 MAPLE AVE #232 $845,000 $452.60 4/3,0,0,0 1867/ 1988 2/19/2020
SB20008579 SFR/D 1017 Teri AVE $915,000 $527.68 4/1,1,0,0 1734/A 1951/ASR 2/11/2020
SB20001457 TWNHS/D 2889 Plaza Del Amo #902 $970,000 $424.51 3/2,0,1,0 2285/A 2003/ASR 2/11/2020
SB19225885 CONDO/A 3120 Sepulveda BLVD #107 $355,000 $440.45 2/1,1,0,0 806/A 2002/ASR 2/21/2020
SB19242404 CONDO/A 22841 Nadine CIR #B $417,500 $373.77 2/1,1,0,0 1117/A 1963/ASR 2/6/2020
SB20021449 CONDO/A 3120 Sepulveda BLVD #209 $420,000 $521.09 2/2,0,0,0 806/A 2002/ASR 2/27/2020
PW19211301 CONDO/A 22631 Maple AVE #A $464,000 $488.42 2/1,0,1,0 950/A 1963/ASR 2/4/2020
SB19132807 CONDO/A 22605 Nadine Circle #200 $485,000 $501.55 2/1,0,1,0 967/P 1963/PUB 2/3/2020
SB19282413 CONDO/A 22730 Nadine CIR #A $492,000 $517.89 2/0,1,1,0 950/A 1963/ASR 2/21/2020
SB19214876 CONDO/A 22939 Nadine CIR #B $510,000 $456.58 2/2,0,0,0 1117/A 1963/APP 2/11/2020
SB20025306 SFR/D 2759 W 234th ST $944,000 $488.36 4/1,1,0,0 1933/A 1965/ASR 2/27/2020
SB20006563 SFR/D 4621 Greenmeadows AVE $1,129,000 $721.87 3/1,2,0,0 1564/A 1953/ASR 2/28/2020
SB19250168 SFR/D 5418 Calle De Arboles $1,345,000 $613.87 4/3,0,0,0 2191/A 1955/ASR 2/27/2020
SB19242072 SFR/D 4111 Paseo De Los Tortugas $1,550,000 $699.77 4/3,0,0,0 2215/A 1968/ASR 2/28/2020
PV20021775 SFR/D 22644 Gaycrest AVE $878,000 $1,068.13 2/1,0,0,0 822/A 1952/ASR 2/18/2020
SB20016005 SFR/D 5035 Avenue B $989,000 $506.66 3/2,0,0,0 1952/A 1952/ASR 2/21/2020
OC19217903 SFR/D 22602 Linda DR $1,000,000 $599.52 3/2,0,0,0 1668/A 1952/APP 2/12/2020
PV20015739 SFR/D 3928 W 234th PL $1,075,000 $514.35 4/2,0,0,0 2090/A 1962/ASR 2/27/2020
PV20011715 SFR/D 23517 Adolph AVE $1,190,000 $516.27 5/3,0,0,0 2305/A 1962/ASR 2/25/2020
SB20003535 SFR/D 5024 Macafee RD $1,250,000 $537.17 3/3,0,0,0 2327/A 2000/ASR 2/13/2020
SB20011927 SFR/D 5020 Laurette ST $1,130,000 $571.00 4/2,0,0,0 1979/A 1955/ASR 2/25/2020
SB20015221 SFR/D 19413 Donora AVE $965,000 $839.13 3/1,0,0,0 1150/A 1955/ASR 2/20/2020
SB19147236 SFR/D 3713 W 181st ST $625,000 $562.05 3/1,0,0,0 1112/A 1953/PUB 2/12/2020
TR19191215 SFR/D 18603 Crenshaw BLVD $645,000 $739.68 3/1,0,0,0 872/A 1951/ASR 2/12/2020
SB19278883 SFR/D 18301 Patronella AVE $797,000 $440.33 3/2,0,0,0 1810/A 1954/ASR 2/19/2020
SB19259179 SFR/D 3806 W 172nd ST $875,000 $570.03 3/2,0,0,0 1535/A 1955/ASR 2/10/2020
SB20020606 SFR/D 17202 Falda AVE $880,000 $425.33 3/2,0,0,0 2069/A 1948/ASR 2/26/2020
DW19281919 SFR/D 18035 Fonthill AVE $926,000 $315.07 5/4,0,0,0 2939/A 1954/ASR 2/25/2020
SB20003030 SFR/D 3355 W 175th ST $940,000 $505.38 3/2,0,0,0 1860/A 1950/APP 2/14/2020
SB19227558 SFR/D 18808 Van Ness AVE $692,500 $451.43 3/1,1,0,0 1534/A 1951/ASR 2/21/2020
SB20008812 SFR/D 2055 W 185th ST $700,000 $527.51 3/2,0,0,0 1327/A 1955/ASR 2/20/2020
SB20000008 SFR/D 18151 GRAMERCY PL $779,000 $641.15 3/1,1,0,0 1215/A 1957/ASR 2/28/2020
SB19283904 SFR/D 2521 W 168th ST $810,000 $537.49 3/2,0,0,0 1507/A 1953/PUB 2/11/2020
DW19287241 CONDO/A 1281 Cabrillo AVE #302 $410,000 $676.57 1/1,0,0,0 606/A 1993/ASR 2/28/2020
PW19134808 CONDO/A 911 Cota AVE #2 $475,000 $409.84 2/3,0,0,0 1159/A 1984/APP 2/21/2020
SB20014462 SFR/D 2019 W 220th ST $587,500 $807.01 2/1,0,0,0 728/A 1930/PUB 2/28/2020
DW19267326 SFR/D 2418 Del Amo BLVD $625,000 $686.81 3/1,0,0,0 910/A 1948/ASR 2/11/2020
PW20001578 TWNHS/A 1833 Cabrillo AVE $690,000 $575.00 2/2,0,1,0 1200/A 2011/ASR 2/13/2020
SB20002581 SFR/D 617 Cota AVE $726,000 $639.08 3/1,0,0,0 1136/A 1919/ASR 2/27/2020
SB19264034 SFR/D 606 Amapola AVE $740,000 $811.40 2/2,0,0,0 912/A 1947/ASR 2/5/2020
SB20009557 SFR/D 2362 Sierra ST $818,000 $464.77 3/2,0,1,0 1760/A 1988/ASR 2/21/2020
SB19245968 SFR/D 1729 Manuel AVE $875,000 $498.29 4/1,0,1,0 1756/A 1950/ASR 2/28/2020
TR20005423 SFR/D 2405 Santa Cruz CT $986,300 $377.03 4/3,0,0,0 2616/A 1977/ASR 2/19/2020
CV19232342 TWNHS/A 23903 Arlington AVE $490,000 $462.26 2/1,1,0,0 1060/A 1978/ASR 2/26/2020
SB19257855 CONDO/A 23418 Arlington AVE #1 $540,000 $385.44 3/1,1,0,1 1401/A 1973/ASR 2/24/2020
SB20009491 SFR/D 2269 W 233rd ST $850,000 $361.09 4/3,0,0,0 2354/A 1978/ASR 2/26/2020
SB20008302 SFR/D 2338 W 232nd ST W $879,000 $529.84 3/2,0,0,0 1659/A 1973/ASR 2/20/2020
DW19216620 CONDO/A 20425 S Vermont AVE #4 $380,000 $396.25 2/2,0,0,0 959/A 1980/ASR 2/14/2020
PW19266283 SFR/A 1655 W 216th ST $740,000 $508.24 4/2,0,0,0 1456/A 1944/ASR 2/7/2020

By the Number – Real Estate Stats for Torrance CA

View all real estate stats for Torrance

in Buyers, Homes for Sale, Old Torrance, Real Estate Trends, Torrance Real Estate, Torrance Realtors Posted by Keith Kyle

State of Torrance Real Estate Market As We Head into 2020

Welcome to our Torrance real estate update for the coming year.   2020 is looking to be another banner year for home sellers as the combination of seemingly endless demand and historically low interest rates means more people will be looking to purchase a home.

View the current homes for sale in Torrance California.

In general the real estate market seems to be slowing down heading into 2020 but for a very odd reason…..each month there are fewer homes hitting the market.  Fewer listings mean fewer home sales.  January saw a very slight uptick in the number of listings so we’re hopeful that is a trend that continues.  Other than that small bump in January, the number of homes for sale has dropped every month since May of 2019

According to Torrance realtor Keith Kyle, “It’s clear that the market is cooling off as there has been an increase in new listings coupled with fewer sales and homes going into escrow since summer.”  The chart above shows that the number of active listings has held pretty steady between 150 and 170 since summer, but the number of sold homes as well as new escrows has continued to decrease.  If this trend continues the market will shift more in favor of buyers and less in favor of sellers.  It’s clearly been a sellers market over the past few years.

The chart below shows the upward trend over the past few months with avarage “months of inventory” of unsold homes on the rise.

in Buyers, Escrow Process, First Time Buyers, Home Prices, Homes for Sale, Interest rates, Old Torrance, Real Estate Market, Real Estate Trends, Torrance Real Estate Posted by Keith Kyle
Senior 55+ condos in Torrance at Village Court

Torrance Real Estate Market By the Numbers – January Home Sales and Prices

As is fairly typical of the real estate market after the holidays, January was a pretty slow month in terms of home sales in Torrance.  There were 61 home sales/closed sales during the month which is considerably lower than the norm.  Compare that with 101 sales in December, 90 in November and 119 in October and you can see just how slow it was.

The median price of the “active” homes for sale  in Torrance was $775,000 with the median price of the homes that sold at $770,000.  Median price per foot was $526.18 and homes only averaged 28 days on the market before selling.    There were quite a few condo sales both in the Plaza Del Amo area as well as a few 55+ sales in Village Court and New Horizons senior communities.

January Torrance Home Sales and Home Prices

Type Address Price $ Per Sq Foot Bed/Bath Sq Feet Year Sold Date
TWNHS/A 1444 W 227th ST #5 $256,000 $233.36 2/2,0,0,0 1097/A 1982/ASR 1/23/2020
CONDO/A 3120 Sepulveda BLVD #116 $290,000 $551.33 1/1,0,0,0 526/A 2002/PUB 1/27/2020
CONDO/A 941 W Carson ST #221 $300,000 $431.03 1/1,0,0,0 696/A 1982/ASR 1/15/2020
CONDO 24410 Crenshaw BLVD #112 $305,000 $410.50 1/1,0,0,0 743/ 1987 1/31/2020
CONDO/A 941 W Carson ST #215 $305,000 $438.22 1/1,0,0,0 696/A 1982/ASR 1/3/2020
CONDO/A 3550 Torrance BLVD #106 $355,000 $622.81 1/1,0,0,0 570/A 2006/ASR 1/31/2020
CONDO/A 23306 Marigold AVE #W101 $375,000 $436.55 2/1,1,0,0 859/A 1973/ASR 1/16/2020
CONDO 23230 SESAME ST #10-H $382,000 $448.36 2/2,0,0,0 852/ 1973 1/17/2020
CONDO/A 1507 W 227th ST #A $425,000 $373.46 3/3,0,0,0 1138/A 2003/ASR 1/27/2020
CONDO/A 23051 Nadine CIR #A $450,000 $473.68 1/1,1,0,0 950/A 1963/PUB 1/3/2020
CONDO/A 23030 Nadine CIR $485,000 $510.53 2/1,0,1,0 950/A 1963/ASR 1/31/2020
SFR/D 20721 Raymond AVE $499,000 $739.26 2/1,0,0,0 675/A 1951/PUB 1/9/2020
CONDO/A 21345 Hawthorne Blvd. #413 $510,000 $520.94 1/1,0,0,0 979/A 2005/ASR 1/29/2020
CONDO/A 3230 Merrill DR #46 $511,000 $411.10 2/1,1,0,0 1243/A 1964/ASR 1/9/2020
TWNHS/A 1660 W 220th ST #3 $520,000 $356.16 3/2,0,1,1 1460/A 1990/ASR 1/14/2020
CONDO/A 23037 Nadine CIR #535 $522,000 $539.81 2/2,0,0,0 967/A 1963/PUB 1/31/2020
TWNHS/A 22919 Mariposa AVE #203 $538,000 $356.29 3/3,0,0,0 1510/A 2009/ASR 1/6/2020
SFR/D 1031 W 227th ST $560,000 $580.91 3/1,0,0,0 964/A 1954/ASR 1/9/2020
SFR/D 1065 W 209th ST $570,000 $591.90 3/1,0,0,0 963/A 1953/ASR 1/9/2020
SFR/D 21203 Marigold AVE $595,000 $517.39 3/1,1,0,0 1150/A 1959/ASR 1/31/2020
TWNHS/A 2931 Plaza Del Amo #75 $623,000 $526.18 2/2,0,1,0 1184/A 1985/ASR 1/6/2020
CONDO/A 2971 Plaza Del Amo #301 $647,000 $475.39 2/2,0,1,0 1361/A 1985/ASR 1/14/2020
SFR/A 1305 Harmony WAY $650,000 $317.07 4/4,0,0,0 2050/A 2007/ASR 1/22/2020
SFR/A 21408 Normandie AVE $660,000 $404.66 3/2,0,0,0 1631/A 1959/ASR 1/10/2020
TWNHS 16609 Yukon AVE #115 $735,000 $465.48 3/2,0,1,0 1579/ 2004 1/17/2020
SFR/D 2022 W 177TH STREET $740,000 $450.94 3/1,1,0,0 1641/A 1953/ASR 1/14/2020
SFR/D 17019 Van Ness AVE $745,000 $621.87 3/1,1,0,0 1198/A 1955/PUB 1/23/2020
SFR/D 16506 Spinning AVE $750,000 $643.22 3/0,2,0,0 1166/A 1954/ASR 1/14/2020
SFR/D 4830 Theo AVE $760,000 $721.75 3/1,0,0,0 1053/A 1953/ASR 1/15/2020
SFR/D 709 W 227th PL $765,000 $218.14 5/2,1,0,0 3507/A 1969/ASR 1/10/2020
SFR/D 2806 El Dorado ST $770,000 $610.63 3/1,0,0,0 1261/A 1951/ASR 1/13/2020
SFR/D 2100 W 236th ST $775,000 $591.60 3/2,0,0,0 1310/A 1952/ASR 1/31/2020
SFR/D 23823 Pennsylvania AVE $800,000 $624.02 3/2,0,0,0 1282/A 1952/ASR 1/29/2020
SFR/D 1420 Acacia AVE $814,500 $445.57 3/2,0,0,0 1828/A 1928/ASR 1/3/2020
SFR/D 2829 Onrado ST $818,000 $740.94 3/1,0,0,0 1104/A 1951/ASR 1/14/2020
TWNHS/A 2801 Sepulveda BLVD #126 $820,000 $434.09 3/2,0,0,0 1889/A 1996/ASR 1/17/2020
SFR/D 1803 Schilling CT $825,000 $505.51 4/2,0,0,0 1632/A 1950/PUB 1/16/2020
SFR/D 2270 W 231st ST $825,000 $501.52 3/2,0,0,0 1645/A 1953/ASR 1/6/2020
SFR/D 2607 W 178th St $830,000 $655.61 3/2,0,0,0 1266/A 1953 1/23/2020
CONDO/D 2411 Border AVE #B $835,000 $422.14 3/3,0,0,0 1978/A 2002/ASR 1/22/2020
SFR/D 1615 Juniper AVE $839,000 $682.11 2/1,0,0,0 1230/A 1949/ASR 1/2/2020
SFR/D 2084 W 166th ST $905,000 $427.90 3/2,0,0,0 2115/A 1979/ASR 1/17/2020
SFR/D 1023 Acacia AVE $905,000 $765.00 3/2,0,0,0 1183/A 1945/ASR 1/30/2020
SFR/D 16823 Glenburn AVE $910,000 $424.64 4/3,0,0,0 2143/A 1954/ASR 1/10/2020
SFR/D 25254 Denny RD $925,000 $421.99 4/2,0,1,0 2192/A 1997/ASR 1/29/2020
TWNHS/D 1730 Iris AVE $925,000 $426.27 4/2,1,0,0 2170/A 1995/ASR 1/21/2020
SFR/D 4736 Reese Road RD $970,000 $683.10 3/1,0,1,0 1420/S 1956/PUB 1/10/2020
SFR/D 5202 Carmen ST $975,000 $839.07 3/1,1,0,0 1162/A 1955/ASR 1/10/2020
SFR/D 4808 Merrill ST $984,000 $810.54 3/2,0,0,0 1214/A 1955/ASR 1/6/2020
SFR/D 23813 Ladeene AVE $1,020,000 $530.42 4/2,0,0,0 1923/A 1962/ASR 1/28/2020
SFR/D 22314 Susana AVE $1,049,000 $912.17 3/2,0,0,0 1150/A 1952/ASR 1/30/2020
SFR/D 3859 Newton ST $1,083,000 $576.68 3/1,1,0,0 1878/A 1946/ASR 1/17/2020
SFR/D 25610 Amber Leaf RD $1,149,000 $679.08 3/2,0,0,0 1692/A 1976/ASR 1/6/2020
SFR/D 5209 Laurette ST $1,150,000 $725.09 3/2,0,0,0 1586/A 1955/ASR 1/14/2020
SFR/A 4731 Konya DR $1,150,000 $547.62 4/2,1,0,0 2100/O 1960/ASR 1/3/2020
SFR/D 4242 Mesa ST $1,232,300 $535.78 3/1,1,1,0 2300/A 1976/ASR 1/24/2020
SFR/D 19433 Sturgess DR $1,249,000 $692.73 4/1,1,0,0 1803/A 1956/ASR 1/9/2020
SFR/D 2811 Dalemead ST $1,310,000 $494.15 4/3,0,0,0 2651/A 2004/APP 1/9/2020
SFR/D 3637 Courtney WAY $1,350,000 $543.26 4/3,0,0,0 2485/A 1976/ASR 1/2/2020
SFR/D 3538 Senefeld DR $1,450,000 $671.30 3/3,0,0,0 2160/A 1949/PUB 1/7/2020
SFR/D 22727 Benner AVE $1,450,000 $607.20 5/3,0,0,0 2388/A 1963/ASR 1/3/2020

Chart Showing the Number of Home Sales in Torrance Over the Past 13 Months

 

in Home Prices, Homes for Sale, Plaza Del Amo, Torrance Real Estate Posted by Keith Kyle