By Keith Kyle
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.
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**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.
By Keith Kyle
***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:
Contact listing agent Keith Kyle for more information.
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.
By Keith Kyle
Torrace continues to see a decline in distressed home sales with only 5 actve short sales and no current bank owned homes or REO listings. With property values continuing to rise and now that we’re beyond peak prices, the ability for distressed homeowners to sell for a profit (or not at a loss) has limited the foreclosure market to a trickle. View the current distressed home sales in Torrance CA. Contact realtor and Torrance specialist Keith Kyle for information on the market or any of the homes below. To see foreclosures in other South Bay cities, visit our South Bay and Beach cities foreclosures page.
| SB14227234 | SFR/D | 22925 | Alexandria AV | SPAY | $ 360,000 | 3/1,0,0,0 | 1955/ASR | 867/A |
| PV15199285 | CONDO/A | 3120 | Sepulveda BL #211 | FOR, NOD, SPAY | $ 299,000 | 2/2,0,0,0 | 2002/EST | 727/E |
| SR15258736 | TWNHS/A | 4325 W | 182nd ST #18 | SPAY | $ 449,999 | 2/2,0,1,0 | 1980/ASR | 1398/A |
| 15933447 | TWNHS | 18239 | VAN NESS AV #301 | SPAY | $ 414,000 | 3/1,1,1,0 | 1964 | 1321 |
| SB15017245 | SFR/D | 1951 W | 235th ST | SPAY | $ 620,000 | 3/1,1,0,0 | 1964/ASR | 1575/A |
By Keith Kyle
The December numbers are in and if there was any thought that the real estate market in Torrance was slowing down or leveling the numbers certainly say otherwise.
The average home price in Torrance for the homes that closed escrow during December was $620,851* with a median price of $619,000*. Those are big numbers that still shows no sign of slowing or reversing. See the chart below for the December home sales numbers for Torrance and the South Bay for December of 2015.
*Based on MLS sales only. Does not include off market sales information
| City | # of Homes Sold | December 2015 Median | December 2014 Median | Yearover Year % Change |
| Carson | 73 | $360,000 | $365,000 | -1.4% |
| El Segundo real estate | 10 | $949,000 | $735,000 | 20.2 |
| Gardena | 41 | $420,000 | $385,000 | 9.1% |
| Harbor City | 15 | $483,000 | $467,000 | 9.1% |
| Hawthorne real estate | 35 | $508,500 | $667,750 | -23.8% |
| Hermosa Beach | 24 | $1,475,000 | $1,360,000 | 8.5% |
| Lawndale real estate | 13 | $420,000 | $415,000 | 1.2% |
| Lomita | 16 | $520,000 | $490,000 | 6.1% |
| Long Beach | 339 | $456,000 | $395,000 | 15.4% |
| Manhattan Beach real estate | 34 | $2,184,000 | $1,689,000 | 29.3% |
| Marina Del Rey | 31 | $905,000 | $759,000 | 19.2% |
| Palos Verdes Estates | 29 | $1,456,000 | $1,150,000 | 26.7% |
| Playa Del Rey | 17 | $605,000 | $482,000 | 25.5% |
| Rancho Palos Verdes | 48 | $1,170,000 | $1,135,000 | 3.1% |
| Redondo Beach homes | 89 | $836,250 | $770,000 | 7.3% |
| San Pedro | 72 | $517,500 | $492,000 | 5.2% |
| Torrance | 122 | $619,000 | $562,000 | 10.1% |
| Westchester | 34 | $951,000 | $807,500 | 17.8% |
