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 Sees Gain in Home Prices for November 2014

It’s clear that the real estate market slowdown for the holidays didn’t start in November.  At least not for the number of home sales and home prices in Torrance CA.  Torrance posted another strong month with 99 sold homes at a median price of $575,000.  To see the homes that sold in November visit our South Bay monthly home sales site.

City Homes
Sold
November
2014 Median
November
2013 Median
Year
over Year % Change
Carson 44 $385,000 $337,500 14.07%
El Segundo 7 $853,000 $710,000 20.14%
Gardena 36 $394,000 $366,000 7.65%
Harbor City 16 $450,000 $343,750 30.91%
Hawthorne 35 $436,250 $465,000 -6.18%
Hermosa Beach 12 $1,050,000 $1,089,000 -3.58%
Lawndale 12 $432,500 $320,000 35.16%
Lomita 13 $490,000 $400,000 22.50%
Long Beach 262 $380,000 $365,000 4.11%
Manhattan Beach 40 $1,900,000 $1,987,000 -4.38%
Marina Del Rey 32 $822,100 $1,000,000 -17.79%
Palos Verdes Estates 21 $1,860,000 $1,300,000 43.08%
Playa Del Rey 18 $519,750 $525,000 -1.00%
Rancho Palos Verdes 34 $935,000 $1,010,000 -7.43%
Redondo Beach 66 $790,000 $720,000 9.72%
San Pedro 47 $462,000 $422,500 9.35%

Torrance

99

$575,000

$517,000

11.22%

Westchester 27 $805,000 $749,000 7.48%

Great Short Sale Opportunity in South Torrance – In Escrow

Short sale opportunities have just about dried up in the South Bay with homeowners quickly regaining any lost value after the bubble burst.  Although no longer  commonplace and not the deals they once were, short sales and foreclosures still do occasionally come along.

Just listed is a very nice sized home in a great South Torrance neighborhood at 4026 W 234th Street 90505.  The home features 3 bedrooms, 2 baths, and an impressive 2171 square feet.

[idx-listing mlsnumber=”7529016010″ showall=”true”]

Vista Sotheby's International Realty logo

Vista Sotheby’s International and South Bay Brokers

When working with Keith Kyle, you get more than just the expertise and service of one person….you get the backing, support and global reach of Vista Sotheby’s International Realty, one of the most successful and reputable real estate companies in the South Bay.

While Vista Sotheby’s and South Bay Brokers merged in the summer of 2015, the new company still holds the values and founding principles.  Founded in 1985, South Bay Brokers had been an industry leader since it’s inception and continues today to be a leader in terms of expert, honest real estate in the South Bay. With offices in Manhattan Beach, Hermosa Beach, Redondo Beach, the Hollywood Riviera and Palos Verdes, Vista Sotheby’s agents are area experts in the cities of Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, El Segundo, Lawndale, Hawthorne, Palos Verdes and surrounding neighborhoods.

Serving all of your Torrance real estate needs. With offices in Manhattan Beach, Hermosa Beach, and Redondo Beach, we are your South Bay Realtors.

  • Manhattan Beach – 2501 N Sepulveda Blvd 2nd Floor, Manhattan Beach CA 90266
  • Hermosa Beach – Pier Avenue, Hermosa Beach CA 90254
  • Redondo Beach – 1640 S Pacific Coast Highway, Redondo Beach CA 90278
  • Riviera Village – 1801 S Catalina, Redondo Beach, CA 90277
  • Palos Verdes – 608 Silver Spur Road – Suite 103, PV Peninsula CA 90274

Founded in 1985, South Bay Brokers has been an industry leader since it’s inception and continues today to be a leader in terms of expert, honest real estate in the South Bay. With offices in Manhattan Beach and Redondo Beach, South Bay Brokers are area experts in the cities of Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, El Segundo, Lawndale, Hawthorne, Palos Verdes and surrounding neighborhoods. South Bay Brokers has recently become noted as short sale experts and can help both buyers and sellers through this rather challenging process.

At Vista Sotheby’s International we take pride in our consistently high sales volume, unquestioned ethics and deep community involvement – and have done so for the past 20 years. All of these winning qualities stand firm upon a strong, stable, enduring foundation provided by our founding Brokers, our dedicated agents, staff longevity, cooperative working environment and continuing education program.

If you’re looking to buy, to sell or just get a feel for the area, you’ve come to the right place. We are here to help.

The great neighborhoods of Torrance

10 Torrance Home Buyer Tips

Assistance for First Time Home Buyers in Torrance CA – 10 Home Buying Tips

  1. Find a real estate professional who is the right fit for you.   Home buying is not only a big financial commitment, but also an emotional one. It’s critical that the Realtor®  you choose is both skilled and a good fit with your personality.
  2. Timing the market.   There is no “right” time to buy anymore than there is a right time to sell. If you find a home now, don’t try to second-guess the interest rates or the housing market by waiting. Changes don’t usually occur fast enough to make that much difference in price and a good home won’t stay on the market long.
  3. The most important opinion is your own.  It’s natural to want reassurance for such a big decision, but too many  ideas will make it much harder to make a decision. Don’t ask for too many opinions and trust your own instincts.
  4. The Big Picture. Accept that no house is ever going to be perfect. Pay attention to the things that are most important to you and let the minor things go. Make the decision based on whether you would be happy in the home.
  5. Keep negotiations realistic.  Negotiation is definitely a part of the real estate process, but trying to “win” by getting an extra-low price may lose you the home you love and although the difference may sound like a lot, it may be an insignificant difference over the life of a 30 year mortgage.
  6. Remember your home doesn’t exist in a vacuum.   Don’t get so caught up in the physical aspects of the house: room size, kitchen, floors, etc. that you forget such issues as amenities, noise level, neighborhood, etc. that have a big impact on what it’s like to live in your new home.
  7. Get pre-qualified or pre-approved.  Don’t wait until you’ve found a home and made an offer to get approved for a mortgage. Not only is getting pre-qualified quick and easy, but there is no obligation. Finding out how much you can afford, whether your credit could use some repairing, and what your monthly payments might be, is a significant step toward buying a house and making the process less stressful.
  8. Factor in maintenance and repair costs in your post home-buying budget. Even if you buy a new home, there will be some costs. Don’t leave yourself short and let your home deteriorate.
  9. Accept that a little buyer’s remorse is inevitable and will probably pass. Buying a home, especially for the first time, is a big commitment, but it also yields big benefits. It is common to question your decision but in the long run, home ownership is usually a fantastic opportunity.
  10. Choose a home first because you love it; then think about appreciation. A home’s most important role is as a comfortable, safe place to live. With the increases in value in the early 2000’s, people have begun to think of their home strictly as a way to make money. Make sure your home is something that you’ll enjoy living in for a long time.

See our other articles for first time homebuyers:

Torrance open houses

Will Overpricing Help Slow the Torrance Market Down?

By Keith KyleCoins in tabular chart

I’ve noticed an early January trend in some of the local markets as many homes now seem to be listed at prices that recent sales just don’t seem to justify. Will this overpricing help slow the market down a little as we’re starting to see some homes sit on the market and even eventual price reductions.

We’ve seen the market increase in value dramatically in the past 12 months with values generally rising each month but since late November we seem to be seeing more homes priced well above the current market and well above the pricing trend. Only time will tell what 2014 has in store in the Beach Cities real estate market but as perception is such a real part of real estate, buyers now seeing homes sit on the market without selling may mark the beginning of a slow down.