California real estate is absolutely incredible and the markets in the South Bay and Torrance is even more frenzied. According to the CAR 2017 annual housing survey 60.4% of all homes listed received multiple offers and 32.9% sold over the list price! Click here to see the latest Torrance real estate statistics including prices, days on market % of list price homes are selling for and more.
There were 117 homes, townhomes, condos and multi unit properties sold in the month at a median home price of $700,000 which was a 6.6% increase from the same month a year earlier. The number of sales was down slighty from October which saw 127 homes sell.
The lowest price of the month was $265,000 for a one bedroom condo with the highest priced sale of the month being $1,550,000 for a 4 bedroom single family home in South Torrance.
To see the sold homes in Torrance CA visit our recent home sales page.
| City | # of sold homes | November 2017 Median | November 2016 Median | Year over Year % Change% |
| Carson | 49 | $476,000 | $450,000 | 5.9% |
| El Segundo | 12 | $1,243,000 | $816,000 | 52.3% |
| Gardena | 52 | $533,000 | $504,000 | 5.7% |
| Harbor City | 10 | $555,000 | $523,000 | 6.1% |
| Hawthorne | 30 | $577,000 | $575,000 | .3% |
| Hermosa Beach | 20 | $1,550,000 | $1,380,000 | 12.3% |
| Lawndale | 18 | $515,000 | $393,000 | 31.2% |
| Lomita | 11 | $599,000 | $473,000 | 26.8% |
| Long Beach | 318 | $510,000 | $490,000 | 4% |
| Manhattan Beach | 35 | $2,300,000 | $1,863,000 | 23.5% |
| Marina Del Rey | 33 | $925,000 | $955,000 | -3.1% |
| Palos Verdes Estates | 27 | $1,510,000 | $1,550,000 | -2.6% |
| Playa Del Rey | 21 | $710,000 | $658,000 | 7.9% |
| Rancho Palos Verdes | 31 | $1,108,000 | $1,088,000 | 1.8% |
| Redondo Beach | 79 | $955,000 | $900,000 | 6.1% |
| San Pedro | 55 | $550,000 | $515,000 | 6.8% |
| Torrance | 117 | $700,000 | $656,000 | 6.6% |
| Westchester | 35 | $1,015,000 | $943,000 | 7.6% |
October 2017 was a big month for home sales in Torrance with 127 closed sales. Median home prices through all of Torrance CA was $675,000 which was slightly under 7% gain over October 2016. The Torrance market has been extremely busy with prices continuing to rise. The rest of the South Bay saw a mix of year over year increases and decreases. See the Torrance homes that sold in October
| City | Homes Sold | October 2017 Median | October 2016 Median | Year over Year % Change% |
| Carson | 58 | $495,000 | $455,000 | 8.8% |
| El Segundo | 19 | $875,000 | $925,000 | -5.4% |
| Gardena | 43 | $545,000 | $490,000 | 11.2% |
| Harbor City | 17 | $510,000 | $4145,000 | 23% |
| Hawthorne | 50 | $578,000 | $540,000 | 6.9% |
| Hermosa Beach | 21 | $1,414,000 | $2,038,000 | -30.6% |
| Lawndale | 21 | $505,000 | $411,000 | 23% |
| Lomita | 17 | $575,000 | $580,000 | -.9% |
| Long Beach | 322 | $525,000 | $475,000 | 10.5% |
| Manhattan Beach | 28 | $2,875,000 | $2,250,000 | 27.8% |
| Marina Del Rey | 25 | $979,000 | $1,150,000 | 14.9% |
| Palos Verdes Estates | 30 | $1,600,000 | $1,825,000 | -12.3% |
| Play Del Rey | 16 | $665,000 | $635,000 | 4.8% |
| Rancho Palos Verdes | 47 | $1,265,000 | $1,250,000 | 1.2% |
| Redondo Beach | 72 | $1,105,000 | $878,000 | 25.8% |
| San Pedro | 69 | $530,000 | $588,000 | -9.8% |
| Torrance | 127 | $675,000 | $632,000 | 6.9% |
| Westchester | 38 | $1,089,000 | $1,050,000 | 3.7% |
Information is critical in real estate and the right information can help you determine where the market has been and where the market is heading. See the various charts below to view some important real estate statistics such as average sales price in Torrance, number of active v pending listings, etc.
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% |
