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2707 Grand Summit Torrance

4 Bedroom Home in Walteria Torrance Hits the Market at 2707 Grand Summit

2707 Grand Summit, Torrance CA 90505

Remodeled Single family home with nice city views

The latest addition to the Torrance real estate market is a 4 bed, 3 bath single family  home located at 2707 Grand Summit in the Victoria Knolls pocket of Walteria Torrance 90505.  Listed at $1,325,000, this lovely home is in very nice condition and offers almost 2,100 square feet with some really nice views and great outdoor spaces

View the MLS listing details below.

Victoria Knolls is one of our favorite neighborhoods in Torrance and the South Bay  As it’s on the hillside of the PV peninsula it’s quite different from the “flatlands” below.  As there’s only one real road in or out it’s a quiet little neighborhood and given the hillside location homes often have great city views.

Click here for free listing alerts
2707 Grand Summit Torrance

home Info

  • 4 bedrooms
  • 3 bathrooms
  • 2,100 square feet (BTV)
  • Built in 1954 but extensively expanded and remodeled

Contact Torrance real estate specialist Keith Kyle with Vista Sotheby’s International for more information or to set up a private tour

2707 Grand Summit, Torrance 90505 – Listed for $1,325,000


Listing courtesy of Howard Wood – Vista Sotheby’s International Realty – 310-375-0583

in Homes for Sale, Torrance home prices, Torrance homes for sale, Torrance Real Estate, Torrance Realtors, Victoria Knolls, Vista Sotheby's International Realty, Walteria Posted by Keith Kyle

View All of The Torrance Homes that Sold in November 2021

November 2021 Home Sales in Torrance

Welcome to the November 2021 homes report for the city of Torrance California.  It was a great month in terms of both the amount of actual sales that closed escrow as well as the prices. We saw a significant number of homes that sold with 104 on market home, condo and townhome sales closing during the month. 

The “list” price of the homes that closed escrow during the month averaged at  $907,023 with the average “sold” price at $940,974.  This meant that homes generally sold considerably over the list price.   

Homes averaged a very short 18 days on the market before going into escrow with a median DOM of only 9 days.

Click here to search the current homes for sale in Torrance

See how this compares with the recent Torrance real estate market on our real estate statistics and trends page.

Closed home sales and home prices in Torrance CA  for November 2021

Type AddressPrice$ Per FootBed/BathSq FeetYearSold Date
CONDO/D24410Crenshaw BLVD #320$385,000$539.971/1,0,0,0713/A1987/ASR11/5/2021
CONDO/A1123Sepulveda BLVD #J202$400,000$502.512/1,0,0,0796/A1973/ASR11/1/2021
CONDO/A20415 SVermont AVE #7$405,000$619.271/1,0,0,0654/A1980/ASR11/9/2021
CONDO/A3550Torrance BLVD #106$415,000$728.071/0,1,0,0570/A2006/ASR11/16/2021
CONDO/A801 W232nd ST #K$445,000$528.502/1,1,0,0842/A1973/PUB11/17/2021
CONDO/A22909Maple AVE #B$450,000$473.682/1,0,1,0950/A1963/ASR11/18/2021
CONDO/A21415 SVermont AVE #7$457,000$514.642/1,1,0,0888/A1990/ASR11/18/2021
CONDO/A1301Cabrillo AVE #112$475,000$710.012/1,0,0,0669/A1993/ASR11/12/2021
CONDO/A20563 SVermont AVE #4$485,000$501.032/2,0,0,0968/A1982/ASR11/26/2021
SFR/D716Pacific LN$500,000$757.581/2,0,0,0660/A1918/ASR11/17/2021
CONDO2940 WCarson ST #205$509,000$509.002/2,0,0,01000/1962/SLR11/16/2021
CONDO/A2742Cabrillo AVE #101$550,000$528.852/1,1,0,01040/A2006/ASR11/19/2021
CONDO/A22703Nadine CIR #A$555,000$584.211/1,1,0,0950/P1963/PUB11/10/2021
TWNHS/A3538Redondo Beach BLVD$558,000$680.492/1,0,0,0820/A1976/ASR11/19/2021
CONDO/A23930Los Codona AVE #220$575,000$580.812/1,1,0,0990/A1970/ASR11/9/2021
TWNHS/A22533 SVermont AVE #53$580,000$475.023/2,0,0,01221/A1980/ASR11/12/2021
TWNHS/A22315Harbor Ridge LN #3$600,000$387.353/3,0,0,01549/A1979/ASR11/10/2021
TWNHS/A1611 W208th ST #4$610,000$327.963/2,0,1,01860/A2007/ASR11/17/2021
TWNHS/A1660 W220th ST #1$615,000$410.823/2,0,1,01497/A1990/PUB11/5/2021
CONDO/A2605Sepulveda BLVD #223$620,000$520.572/2,0,0,01191/A2003/ASR11/22/2021
CONDO/A3230Merrill DR #77$640,000$514.882/1,1,0,01243/A1964/ASR11/17/2021
SFR/D1559 W214th ST$678,000$1,046.302/1,0,0,0648/A1950/ASR11/15/2021
SFR/D2415Del Amo BLVD$679,000$932.692/1,0,0,0728/A1949/PUB11/8/2021
SFR/D22903Petroleum AVE$680,000$702.483/1,0,0,0968/A1953/ASR11/18/2021
SFR/D22702Menlo AVE$680,000$667.983/1,0,0,01018/P1954/PUB11/3/2021
SFR/D938 W223rd ST$680,000$466.073/2,0,0,01459/E1958/ASR11/24/2021
TWNHS/A2603Apple AVE #109$685,000$643.802/1,0,1,01064/A1984/ASR11/2/2021
SFR/D22819Menlo AVE$687,000$742.703/1,0,0,0925/A1953/ASR11/19/2021
CONDO/A2555Plaza Del Amo #G$700,000$512.822/2,0,0,01365/SEE1984/ASR11/2/2021
TWNHS/A4021 W182nd ST #D$725,000$428.742/3,0,0,01691/A1989/ASR11/22/2021
CONDO/A5500Torrance BLVD #B119$750,000$586.403/2,0,0,01279/A1990/ASR11/5/2021
SFR/A3921Thornburgh PL$750,000$467.294/3,0,0,01605/A1953/ASR11/16/2021
SFR/D3849 W170th ST$755,000$682.643/2,0,0,01106/A1953/ASR11/3/2021
SFR22132Mariposa AVE$755,000$427.044/1,1,0,01768/196511/9/2021
SFR/D4010184th ST$755,000$627.084/2,0,0,01204/A1954/ASR11/19/2021
CONDO/A2563Plaza Del Amo #302$760,000$583.272/2,0,0,01303/A1985/ASR11/12/2021
TWNHS/A4424Emerald ST #53$762,000$514.862/3,0,0,01480/A1981/ASR11/2/2021
SFR/D21102New Hampshire AVE$770,000$657.003/1,1,0,01172/A1960/ASR11/22/2021
SFR/D23003Petroleum AVE$775,000$485.593/2,0,0,01596/A1953/ASR11/30/2021
TWNHS/A2800Plaza Del Amo #331$780,000$658.232/2,0,0,11185/A1987/ASR11/4/2021
SFR/D17110Van Ness AVE$790,000$542.213/2,0,0,01457/A1954/ASR11/3/2021
SFR/D22214Mariposa AVE$800,000$571.433/2,0,0,01400/E1960/EST11/15/2021
TWNHS/D1309Harmony Way$805,000$399.314/3,0,1,02016/P2008/PUB11/5/2021
SFR/D22549 SVan Deene AVE$820,000$517.024/2,0,0,01586/A1968/ASR11/23/2021
SFR/D1310Harmony WAY$820,000$400.004/4,0,0,02050/A2007/ASR11/5/2021
TWNHS813Van Ness AVE #A$830,000$590.333/2,0,1,01406/A2000/ASR11/30/2021
TWNHS/A1524Cravens AVE #19$830,000$596.263/2,0,1,01392/A1996/PUB11/19/2021
TWNHS/A2300Maple AVE #121$840,000$488.093/3,0,0,01721/A1988/ASR11/19/2021
SFR/D17003Wilkie AVE$850,000$779.102/1,0,0,01091/A1948/ASR11/12/2021
SFR/D17202Illinois CT$860,000$538.513/2,0,0,01597/A1954/ASR11/4/2021
SFR/D2718 W178th ST$862,000$749.573/2,0,0,01150/A1954/ASR11/30/2021
CONDO/A18339Roslin AVE$865,000$420.113/3,0,0,02059/A1990/ASR11/9/2021
SFR/D16908Wilkie AVE$870,000$503.763/2,0,0,01727/A1953/PUB11/24/2021
SFR/D18911Cerise AVE$885,000$621.933/1,0,1,01423/A1954/ASR11/18/2021
SFR/D1112 W210th ST$885,000$303.505/3,0,0,02916/A1953/ASR11/15/2021
SFR/D18742Van Ness AVE$900,000$492.074/2,0,0,01829/A1959/ASR11/16/2021
SFR/D2720Martha AVE$905,000$655.803/2,0,0,01380/A1949/EST11/30/2021
SFR/D730Gian DR$915,000$634.103/2,0,0,01443/SEE1968/ASR11/22/2021
CONDO/A3538Torrance BLVD #176$930,000$521.303/3,0,0,01784/A2005/PUB11/10/2021
SFR/D1531 W214th ST$950,000$527.783/1,1,1,01800/S1940/ASR11/30/2021
SFR/D24210Park ST$960,000$745.923/1,0,1,01287/A1968/ASR11/17/2021
SFR/D2364 W239th ST$970,000$787.342/1,1,0,01232/A1948/ASR11/3/2021
CONDO4489Spencer ST #304$975,000$476.073/3,0,0,02048/199511/8/2021
SFR/D3426 W224th ST$975,000$617.483/1,0,0,01579/A1954/ASR11/16/2021
SFR/D21634Palos Verdes BLVD$989,000$851.123/1,1,0,01162/A1955/ASR11/4/2021
SFR/D5029Cathann ST$998,000$822.083/1214/A1955/ASR11/24/2021
TWNHS/A4302Spencer ST$1,010,000$450.893/2,0,1,02240/A1989/ASR11/4/2021
SFR/D815Patronella AVE$1,025,000$725.413/2,0,0,01413/A1951/ASR11/22/2021
SFR/D3642 W181st ST$1,030,000$561.923/2,0,0,01833/A1953/ASR11/12/2021
TWNHS/A2801Sepulveda BLVD #20$1,050,000$579.473/2,0,1,01812/A1991/ASR11/29/2021
SFR/D2320 W234th ST$1,055,000$664.783/1,1,0,01587/A1962/ASR11/3/2021
SFR/D18207Manhattan PL$1,060,000$546.114/1,2,0,01941/A1966/ASR11/8/2021
SFR/D3721 W181st ST$1,072,000$724.323/2,0,0,01480/A1953/ASR11/19/2021
SFR/D5518Halison ST$1,090,000$973.213/2,0,0,01120/S1956/SLR11/12/2021
SFR1961 W235Th PL$1,096,000$726.794/2,0,0,01508/A1963/ASR11/3/2021
SFR/D16709Elgar AVE$1,100,000$741.243/2,0,0,01484/P1952/ASR11/30/2021
SFR/D26110Delos DR$1,125,000$926.693/2,0,0,01214/A1955/ASR11/15/2021
SFR/D2521Highcliff DR$1,150,000$947.283/1,1,0,01214/A1955/ASR11/16/2021
SFR/D4507Narrot ST$1,162,000$895.224/0,2,0,01298/E1954/ASR11/12/2021
SFR/D21209Palos Verdes BLVD$1,175,000$1,017.323/2,0,0,01155/P1955/ASR11/15/2021
SFR/D2139Shelburne WAY$1,180,000$487.603/3,0,0,02420/A1987/ASR11/1/2021
SFR/D20929Annrita AVE$1,190,000$965.913/2,0,0,01232/A1959/PUB11/10/2021
SFR/D2408Nearcliff ST$1,207,000$1,028.993/1,0,0,01173/A1956/ASR11/10/2021
SFR/D4106Via Lado$1,210,000$798.153/2,0,0,01516/A1958/PUB11/12/2021
SFR/D21610Marjorie AVE$1,217,000$848.683/2,0,0,01434/A1956/ASR11/22/2021
SFR2719Loftyview DR$1,220,000$941.363/1,0,0,01296/195411/5/2021
SFR/D21728Palos Verdes BLVD$1,250,000$818.603/2,0,0,01527/A1955/ASR11/24/2021
SFR/D2519Brian Ave.$1,270,000$791.773/1,0,1,01604/A1955/ASR11/8/2021
SFR/D24859Via Valmonte$1,320,000$750.003/2,0,0,01760/A1968/PUB11/23/2021
SFR/D4704Reynolds RD$1,322,500$696.054/3,0,0,01900/A1951/ASR11/9/2021
SFR/D5327Clearsite ST$1,350,000$967.743/2,0,0,01395/A1952/ASR11/18/2021
SFR/D21639Howard AVE$1,379,000$860.803/2,0,0,01602/A1955/ASR11/11/2021
SFR/D2663Grand Summit RD$1,400,000$717.584/2,1,0,01951/D1954/ASR11/5/2021
SFR22814Date AVE$1,401,000$687.443/2,0,0,02038/196011/24/2021
SFR/D4902Cadison ST$1,410,000$872.523/2,0,0,01616/A1954/ASR11/15/2021
SFR/D2647Grand Summit RD$1,420,000$604.514/2,1,0,02349/A1954/ASR11/19/2021
SFR/D4822Cadison ST$1,515,000$744.114/2,0,0,02036/A1954/ASR11/18/2021
SFR/D22936Fonthill AVE$1,550,000$649.085/3,0,0,02388/A1963/ASR11/4/2021
SFR/D19940Redbeam AVE$1,550,000$705.514/2,0,1,02197/A1969/ASR11/12/2021
SFR/D24402Los Codona AVE$1,675,000$401.874/3,0,1,04168/A1986/ASR11/10/2021
SFR5001Paseo De Las Tortugas$1,855,750$593.654/4,0,0,03126/AP1956/ASR11/18/2021
SFR/D4508Newton ST$1,960,000$996.953/2,0,0,01966/A1954/ASR11/22/2021
SFR/D4117Paseo De Las Tortugas$2,000,000$902.123/1,1,1,02217/A1968/ASR11/10/2021
SFR/D4222Paseo De Las Tortugas$2,095,000$607.254/2,1,0,03450/S1991/SLR11/19/2021

Search the current homes for sale in Torrance

in Home Prices, Homes for Sale, Torrance home prices, Torrance homes for sale, Torrance Real Estate, Torrance Realtors Posted by Keith Kyle

Torrance CA Home Sales and House Prices for May

The real estate market numbers are in for May and they paint a very interesting picture. The number of home sales during the month was way down with only 49 total on market closed escrows. Compare that with 123 home sales in May of 2019 and it’s hard to dispute that the concerns and uncertainties of the coronavirus hasn’t had a major impact. That being said the prices were very impressive indicating a very strong seller’s market.

The median list price was $789,900 while the median sold price was $810,000 meaning that most homes sold well higher than the list or asking price. Average price per foot was $527.14. The average days on market was 40 before going into escrow while the median days on market was a very short 10 days.

View the current Torrance homes for sale

May 2020 Home Sales and House Prices for Torrance

MLS#
Type
   Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year
Sold Date
PW20061930
TWNHS/A
 1520 W 227th ST   #6
$497,500
$371.27
3/2,0,1,0
1340/A
2007/PUB
5/1/2020
SB20042729
SFR/D
 1565 W 220th ST  
$685,000
$526.92
3/2,0,0,0
1300/P
1944/PUB
5/12/2020
CV20030647
SFR/D
 1410 Torrance BLVD  
$690,000
$403.51
3/2,0,0,0
1710/A
1956/ASR
5/4/2020
SW20013553
SFR/D
 21315 S Normandie AVE  
$906,990
$476.36
4/3,0,0,0
1904/B
2019/BLD
5/18/2020
SB20052637
CONDO/A
 838 Coriander DR   #D
$290,000
$453.83
1/1,0,0,0
639/P
1973/PUB
5/29/2020
SB19277187
CONDO/A
 23312 Marigold AVE   #T204
$410,000
$384.62
3/2,0,0,0
1066/A
1973/ASR
5/1/2020
SB20050583
SFR/D
 20811 Doble AVE  
$630,000
$484.62
3/2,0,0,0
1300/A
1960/ASR
5/1/2020
SB20072389
SFR/D
 21312 Payne Ave   
$635,000
$490.35
3/2,0,0,0
1295/A
1960/ASR
5/27/2020
20561844
TWNHS
 3090 Newton ST  
$810,000
$437.37
2/2,0,1,0
1852/
2003
5/15/2020
PV20039796
TWNHS/A
 3922 W 242nd ST  
$861,000
$570.58
3/2,0,0,1
1509/B
2020/BLD
5/22/2020
PV20016706
TWNHS/A
 3918 W 242nd ST  
$935,000
$598.21
3/3,0,0,0
1563/B
2020/SLR
5/7/2020
SB19234953
TWNHS/A
 3534 Emerald ST  
$475,000
$599.75
2/1,0,0,0
792/A
1985/ASR
5/15/2020
SB20047379
COOP/A
 3115 Merrill DR   #44
$485,000
$309.51
3/1,1,0,0
1567/E
1963/PUB
5/13/2020
SB20023026
CONDO/A
 1745 Maple AVE   #45
$576,000
$338.82
3/2,0,0,0
1700/T
1963/ASR
5/5/2020
SB20056313
TWNHS/A
 2595 Plaza Del Amo    #420
$743,000
$519.94
2/2,0,1,0
1429/A
1987/ASR
5/4/2020
SB20033195
TWNHS/A
 3468 Del Amo BLVD  
$757,300
$453.47
4/2,0,1,0
1670/A
1974/ASR
5/6/2020
SB20057470
SFR/D
 1316 Cordary AVE  
$854,000
$540.51
3/1,1,0,0
1580/A
1951/PUB
5/29/2020
SB20018489
SFR/D
 4902 Pacific Coast   
$989,000
$658.89
3/0,2,0,0
1501/A
1953/ASR
5/6/2020
SB20067312
SFR/D
 4817 Zakon RD  
$900,000
$777.20
3/1,0,1,0
1158/A
1956/ASR
5/12/2020
SB20028943
SFR/D
 5133 Macafee RD  
$928,000
$705.70
3/1,1,0,0
1315/S
1949/ASR
5/20/2020
SB19274713
SFR/D
 24005 Los Codona AVE  
$935,000
$377.02
4/3,0,1,0
2480/A
2001/ASR
5/1/2020
SB20053113
SFR/D
 23003 Evalyn AVE  
$945,000
$624.59
3/2,0,0,0
1513/A
1954/ASR
5/6/2020
OC20068314
SFR/D
 4146 W 229th ST  
$950,000
$564.13
4/3,0,0,0
1684/E
1968/ASR
5/29/2020
PV20055168
SFR/D
 4418 W 233rd ST  
$1,140,000
$583.42
4/2,0,0,0
1954/A
1960/ASR
5/1/2020
SB20076678
SFR/D
 23202 Ladeene AVE  
$1,150,000
$608.47
4/2,0,0,0
1890/A
1960/ASR
5/27/2020
SB20078065
CONDO/A
 5500 Torrance BLVD   #C231
$647,500
$506.25
3/2,0,0,0
1279/A
1990/ASR
5/29/2020
SB20068601
SFR/D
 4302 Lenore ST  
$850,000
$673.00
4/2,0,0,0
1263/A
1956/ASR
5/29/2020
IV20053830
SFR/D
 21301 Marjorie AVE  
$900,500
$496.96
3/1,2,0,0
1812/P
1956/PUB
5/13/2020
SB20058366
SFR/D
 21601 Redbeam AVE  
$915,000
$624.15
4/2,0,0,0
1466/A
1955/PUB
5/1/2020
SB20064702
SFR/D
 4636 Bulova ST  
$815,000
$732.91
3/1,0,0,0
1112/A
1954/ASR
5/5/2020
SB20057420
SFR/D
 19517 Beckworth AVE  
$830,000
$750.45
3/1,0,0,0
1106/A
1955/ASR
5/13/2020
SB20048503
TWNHS/D
 4126 Spencer ST  
$878,000
$485.62
3/2,0,1,0
1808/A
2004/ASR
5/18/2020
SB20089850
SFR/D
 5129 Towers ST  
$889,000
$694.53
3/1,0,0,0
1280/A
1954/ASR
5/29/2020
SB20056899
SFR/D
 5618 Sara DR  
$1,331,000
$577.44
4/2,1,1,0
2305/A
1959/ASR
5/12/2020
DW20075598
SFR/D
 3424 W 182nd ST  
$544,000
$451.45
3/2,0,0,0
1205/A
1956/ASR
5/29/2020
SB20066595
SFR/D
 17002 Glenburn AVE  
$700,000
$650.56
3/1,0,0,0
1076/A
1948/PUB
5/20/2020
SB20063842
SFR/D
 4038 W 176th ST  
$767,600
$510.71
3/0,2,0,0
1503/A
1952/ASR
5/8/2020
SB20073281
SFR/D
 4315 W 176th ST  
$830,000
$484.25
3/2,0,1,0
1714/A
1952/ASR
5/21/2020
MB20075692
SFR/D
 21319 Berendo AVE  
$530,000
$409.27
3/2,0,0,0
1295/A
1959/ASR
5/15/2020
SB20061751
SFR/D
 16107 Van Ness AVE  
$665,000
$449.93
4/1,1,0,0
1478/A
1956/ASR
5/14/2020
PW20068122
SFR/D
 1948 W 187th PL  
$693,000
$550.00
3/1,1,0,0
1260/A
1958/ASR
5/19/2020
SB20037460
SFR/D
 17315 Atkinson AVE  
$717,000
$616.51
3/2,0,0,0
1163/A
1947/ASR
5/7/2020
SB20063236
SFR/D
 18312 Wilton PL  
$875,000
$538.79
3/2,0,0,0
1624/A
1962/ASR
5/22/2020
SB20048696
SFR/D
 2139 Del Amo BLVD  
$775,000
$394.20
5/3,0,0,0
1966/A
1996/ASR
5/19/2020
SB20072657
CONDO/A
 22734 Cypress ST  
$615,000
$447.60
3/3,0,0,0
1374/A
1974/ASR
5/29/2020
SB20074635
SFR/D
 1719 W 239th ST  
$747,000
$576.39
3/2,0,0,0
1296/A
1956/ASR
5/27/2020
SR20074960
SFR/D
 23811 Huber AVE  
$780,000
$601.85
3/2,0,0,0
1296/A
1956/ASR
5/27/2020
PV20077152
SFR/D
 2359 W 230th ST  
$879,000
$407.13
4/2,0,0,0
2159/T
1971/ASR
5/28/2020
PW20042087
SFR/D
 2217 W 234th ST  
$1,155,000
$340.71
4/3,0,0,0
3390/A
1991/ASR
5/8/2020
in Real Estate Market, Real Estate Trends, Torrance home prices, 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
Coins in tabular chart

Historical Interest Rates since 1972

Many Torrance CA buyers are concerned with interest rates rising with the Fed making it clear that rates will slowly increats.  That’s certainly a valid concern for potential Torrance homebuyers as a higher interest rate means a higher monthly payment which most often means a lower priced home.  Taken in historical standpoint the current rates are dramatically lower than at just about any other time.  The chart below shows the interest rate on conventional and conforming 30 year fixed rate mortgages.  As we’ll see we’ve basically seen rates drop consistently since the high water mark of 16.3% in 1981.  It certainly makes todays current rate in the mid 4% range seem pretty enticing.

 

in Home Prices, Real Estate Trends, Torrance Real Estate Posted by Keith Kyle

Torrance Home Sales Up in May of 2016

Torrance, CA saw a slight gain in year over year home prices in May with 138 homes sold this month at a median price of around $593,000 which was up from $579,000 the prior May.  138 homes is a very strong number for Torrance and shows that the market activity is continuing to pick up with more homes slowly coming on the market.  Click here to see the homes sold in Torrance for May of 2016.

City Homes
Sold		 May
2016 Median		 May
2015 Median		 Year
over Year % Change%
Carson 57 $453,000 $410,000 10.4%
El Segundo 12 $802,500 $803,500 -.1%
Gardena 47 $425,000 $405,000 4.9%
Harbor City 26 $439,000 $415,000 5.8%
Hawthorne 39 $485,000 $525,000 -7.7%
Hermosa Beach 21 $1,285,000 $1,450,000 -11.4%
Lawndale 14 $455,000 $431,000 5.6%
Lomita 15 $488,000 $509,000 -4.1%
Long Beach 349 $485,000 $433,000 11.9%
Manhattan Beach 48 $1,875,000 $2,239,000 -16.2%
Marina Del Rey 31 $925,000 $918,000 .8%
Palos Verdes Estates 55 $1,499,000 $1,515,000 -1.1%
Playa Del Rey 24 $560,000 $615,000 -8.9%
Rancho Palos Verdes 58 $1,060,000 $1,100,000 -3.6%
Redondo Beach 96 $950,000 $845,000 12.5%
San Pedro 66 $489,000 $449,000 8.8%
Torrance 138 $593,000 $579,000 2.4%
Westchester 30 $1,130,000 $900,000 25.6%
in Home Prices, Homes for Sale, Real Estate Market, Real Estate Trends Posted by Keith Kyle

CONTACT US

for all of your Torrance real estate services

your torrance realtor

Torrance realtor Keith Kyle
Keith Kyle
Realtor

DRE#01712785

Vista Sotheby's logo

310-251-2344
Keith@Keithkylehomes.com

Keithkylehomes.com

Vista Sotheby's International

Vista Sotheby's International Realty services the South Bay, Beach Cities and Palos Verdes for all of your real estate needs. With offices throughout the area Vista Sotheby's combines local market knowledge and experience with the global and national reach of Sotheby's International

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