80 Home Sales in Torrance CA for February

By Keith Kyle

With a shortened month, Torrance CA saw 80 homes sell in February 2015.  There was only one sale over $1,000,000 and the median home price for the month was $547,000.  See below for February’s home sales.

MLS Type Address  Price  Bed/Bath Sq Feet
SB15006037 SFR/D 19603 Mildred AV  $1,103,000 4/2,1,0,0 2111/P
14749597 CONDO 1229 223RD ST #111  $ 175,000 2/2,0,0,0 935
OC14253367 CONDO/A 23314 Sesame ST #A  $ 180,000 1/1,0,0,0 639/A
PW14225014 CONDO/A 1444 227th ST #24  $ 229,000 2/1,0,1,0 951/A
PW14235448 CONDO/A 806 Coriander DR #G  $ 230,000 2/2,0,0,0 864/AP
OC14215899 CONDO/A 1129 Sepulveda BL #M102  $ 250,000 2/1,0,0,0 796/A
SB14236883 CONDO/A 3030 Merrill DR #31  $ 295,000 1/1,0,0,0 870/A
14792761 SFR 1209 204TH ST  $ 309,000 2/1,0,0,0 576
SB14260692 COOP/A 3205 Merrill DR #24  $ 335,000 3/1,1,0,0 1500/S
SB14264078 COOP/A 3110 Merrill DR #63  $ 349,000 2/1,1,0,0 1350/E
SB15000850 SFR/D 22913 Alexandria AV  $ 351,000 3/2,0,0,0 995/A
SB14200657 COOP/A 3115 Merrill DR #38  $ 357,500 3/1,1,0,0 1514/S
SB15003781 CONDO/A 2603 Apple AV #103  $ 405,000 2/1,0,1,0 1064/A
PW14228328 SFR/D 1521 W 223rd ST  $ 410,000 2/2,0,0,0 1148/A
SB14205003 TWNHS/A 2517 Artesia BL #62  $ 415,000 2/2,0,1,0 1237/A
SB15004174 TWNHS/A 2419 Artesia BL #30  $ 420,000 2/1,1,1,0 1237/A
SB14233337 SFR/D 803 W 229th ST  $ 425,000 4/2,0,0,0 1302/A
SB14213025 SFR/D 1307 W 214th ST  $ 445,000 3/2,0,0,0 1280/A
SB14255374 SFR/D 4228 W 179th ST  $ 460,000 2/1,0,0,0 727/A
SB14246821 SFR/D 1157 Gian DR  $ 465,000 3/1,1,1,0 1763/A
SB14252047 TWNHS/A 3910 W 182nd ST #3  $ 471,500 2/3,0,0,0 1360/A
SB14260081 CONDO/A 21345 Hawthorne BL #308  $ 475,000 2/2,0,0,0 997/B
PV14190034 TWNHS/A 1609 W 224th ST #4  $ 475,000 3/2,0,1,0 2142/A
PV14257570 CONDO/A 5500 Torrance BL #C124  $ 490,000 3/2,0,0,0 1399/A
SB15014203 SFR/D 2092 Middlebrook RD  $ 491,000 3/1,1,0,0 880/E
PV15007902 CONDO/A 2563 Plaza Del Amo #209  $ 493,000 2/2,0,1,0 1165/A
DW14247498 SFR/D 4236 W 179th ST  $ 495,000 2/1,0,0,0 727/A
PV15026732 CONDO/A 2571 Plaza Del Amo #209  $ 499,900 2/2,0,1,0 1165/A
EV14238790 CONDO/A 2559 Plaza Del Amo #306  $ 505,000 2/2,0,0,0 1303/A
PW14263466 CONDO/A 2563 Plaza Del Amo #308  $ 505,000 2/2,0,0,0 1058/A
PV14238211 TWNHS/A 2700 Arlington AV #112  $ 511,600 3/2,0,1,0 1709/A
PV14221680 TWNHS/A 2716 Cabrillo (access on Border) AV  $ 518,000 2/2,0,1,0 1660/A
SB15001449 CONDO/A 2559 Plaza Del Amo #302  $ 525,000 2/2,0,0,0 1303/A
PW15001512 TWNHS/A 24001 Neece AV #2  $ 525,000 3/3,0,0,0 1539/A
SB15012498 TWNHS/A 2800 Plaza Del Amo #412  $ 529,000 2/2,0,1,0 1185/A
PV15024586 TWNHS/A 2971 Plaza Del Amo #231  $ 530,000 2/2,0,1,0 1186/A
SB15004175 CONDO/A 5500 Torrance BL #B215  $ 535,000 3/1,1,0,0 1270/A
SB15014696 TWNHS/A 2800 Plaza Del Amo #234  $ 535,000 2/2,0,1,0 1185/A
SB15003062 SFR/D 2719 166th PL  $ 542,000 3/2,0,0,0 1283/A
SB14252703 SFR/D 913 Lindencliff ST  $ 549,000 4/1,1,1,0 2493/A
SB14245508 TWNHS/A 2596 235th ST  $ 549,000 3/2,0,1,0 1687/A
SB14238832 SFR/D 4129 180th ST  $ 550,000 3/2,0,0,0 1201/A
SB14258715 SFR/D 1961 185th ST  $ 567,000 3/3,0,0,0 1661/A
PV14249618 TWNHS/D 1826 Torrance BL  $ 580,000 3/2,1,1,0 1814/A
TR14190641 SFR/D 3318 Artesia BL  $ 580,900 3/2,0,0,0 1657/S
15821817 SFR 19921 SALTEE AV  $ 591,000 3/1,0,0,0 1120
SB14262072 TWNHS/A 2648 Cabrillo AV  $ 605,000 3/2,0,1,0 1690/A
SB15006639 SFR/D 1542 Post AV  $ 610,000 3/3,0,0,0 2145/A
SB14264227 SFR/D 16702 Patronella AV  $ 619,000 3/2,0,0,0 1304/A
SB15006657 SFR/D 18008 Fonthill AV  $ 620,000 3/1,1,0,0 1539/A
SB14253058 SFR/D 4313 234th PL  $ 630,000 3/2,0,0,0 1539/A
SB15001060 SFR/D 3217 Opal ST  $ 630,000 3/1,0,0,0 1137/A
SB14234298 SFR/D 819 Cota AV  $ 630,000 2/2,0,0,0 869/S
PV14227587 TWNHS/A 2825 Plaza Del Amo #152  $ 633,000 3/3,0,0,0 2115/B
IN14202810 SFR/D 1317 Amapola AV  $ 635,000 3/1,0,1,0 1232/A
RS15010159 SFR/D 4134 177th ST  $ 645,000 3/1,1,0,0 1530/A
SB14172734 SFR/D 20813 Avis AV  $ 675,000 3/2,0,1,0 1514/A
SB15008223 SFR/D 1226 Teri AV  $ 680,000 3/1,1,0,0 1437/P
OC14253613 CONDO/A 1800 Oak ST #403  $ 680,000 3/3,0,0,0 2040/A
SB15008416 TWNHS/A 1800 Oak ST #510  $ 688,000 3/2,0,1,0 1950/A
SB14256859 SFR/D 4006 Merrill ST  $ 689,000 3/0,2,0,0 1230/A
OC14241562 SFR/D 22720 Fern AV  $ 690,000 3/2,0,0,0 1345/A
SB15001520 TWNHS/A 22527 Kent AV  $ 695,000 3/3,0,0,0 1876/A
AR14233945 SFR/D 2018 238th ST  $ 700,500 4/2,0,0,0 1836/A
SB15008915 SFR/D 20619 Annrita AV  $ 740,000 3/1,1,0,0 1188/A
SB14262626 SFR/D 5516 Greenmeadows ST  $ 779,000 3/2,0,0,0 1117/A
SB15009176 SFR/D 5013 Steveann ST  $ 790,000 3/1,1,0,0 1558/A
SR14241977 SFR/D 4038 179th ST  $ 800,000 5/1,1,1,0 2635/A
PV14204678 SFR/D 22708 Linda DR  $ 808,000 3/2,0,0,0 1064/A
SB14217510 SFR/D 2815 Sepulveda BL #27  $ 817,500 4/2,0,1,0 2354/A
SB14138988 SFR/D 4324 Highgrove AV  $ 820,000 3/1,0,1,0 1669/A
PV15014463 SFR/D 3029 Softwind WY  $ 849,000 4/3,0,0,0 2050/A
RS15013294 SFR/D 19609 Darien PL  $ 900,000 4/3,1,0,0 2016/A
SB15011172 SFR/D 4812 Sharynne LN  $ 920,000 2/1,0,0,0 924/A
15820357 SFR/D 4914 Paseo De Las Tortugas  $ 920,000 3/2,0,0,0 1900/A
SB14263716 SFR/D 2352 Santa Fe AV  $ 945,000 4/3,0,0,0 2832/A
15818997 CONDO 21345 HAWTHORNE #309  $ 495,000 2/2,0,0,0 910/A
SB14254351 TWNHS/A 1340 El Prado AV #39  $ 545,000 3/2,0,1,0 1311/A
SB14257361 SFR/D 18808 Cerise AV  $ 620,000 3/2,0,0,0 1556/A
SB15004566 TWNHS/A 2300 MAPLE AV #201  $ 641,000 3/2,1,0,0 1738/A

Torrance Real Estate Market Trends

The market in Torrance has continued to be very favorable to sellers with the demand so high and the inventory still considerably low.  The past 3 months have seen a slight increase in inventory which may be temporary or may be showing signs that the very beginning of a more balanced market is on it’s way.  Keep in mind that Torrance is a big city and prices, demand, values, and trends can vary considerably throughout the city.  The chart below shows the number of active Torrance homes for sale (light green bar) the number of homes that went into escrow (red line) and the number of homes sold in that month (teal bar).  When the trend shows a monthly increase in homes for sale the market is heading towards a more balanced situation.  At the moment it is very much a sellers market.

For buyers, and especially first time buyers, the chart below is a helpful tool to determine what price to offer.  This is for all of Torrance and different neighborhoods vary, and certainly individual homes can be a different situation depending on what price is was listed at.  For the month of September selling prices were within 3% of the list prices.

What does this mean?

For buyers this generally means that “going in low” is probably not the right strategy.  Consult with your realtor as they should have a handle on what the value of the home should be and whether the asking price was set too high, or too low in the hopes of generating multiple offers and a potential bidding war.

Real Estate Market Trends in South Torrance

When buying or selling homes in South Torrance, knowing and understanding the real estate market is critical to making the right decision. Real estate trends can help determine current values or even when the appropriate time to list and sell your South Torrance home. The information below is intended to help you get a better understanding of what is happening in the market.

The chart below shows the number of active listings (light green) sold homes (dark green) and pending home sales (red line) The greater the discrepancy between active homes and sold homes indicates a buyers market and when the numbers are closer a sellers market is indicated as inventory is down.

The chart below shows the average price per square foot. Square footage in the South Bay often doesn’t mean as much as in other markets as values can vary so dramatically due to things such as proximity to the beach, views, specific neighborhoods.

The chart below shows the average days on market per month as well as the % of list price that homes sold at. A high % indicates a sellers market as home sell at, or above list price.

The chart below shows the average price for listed home sales in relation to the average price for sold homes.

The chart below indicates the months of home inventory based on closed home sales. Buyer’s market: more than 6 months of inventory Seller’s market: less than 3 months of inventory Neutral market: 3 – 6 months of inventory