Torrance CA Home Prices Continue to Rise in December
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 | Homes Sold |
December 2015 Median |
December 2014 Median |
Year over Year % Change |
| Carson | 73 | $360,000 | $365,000 | -1.4% |
| El Segundo | 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 | 35 | $508,500 | $667,750 | -23.8% |
| Hermosa Beach | 24 | $1,475,000 | $1,360,000 | 8.5% |
| Lawndale | 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 | 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 | 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% |
