A Good Sign for Torrance Real Estate Market

The real estate market in Torrance has taken a hit lately, just as everywhere else. Home prices have been very solid but home sales dropped significantly over the past 2 months.  That may be reversing course in a big way.  While home sales dropped to 49 in May pending sales more than doubled from April so we may be back on track quicker than anticipated.

View the current houses for sale in Torrance.

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
Torrance real estate 2022

Torrance Real Estate Market Update – At a Glance

Welcome to our quick real estate recap for April.   Torrance definitely saw a drop in the number of home sales during the month with 81 closed home sales compared with 99 a year earlier.  Compared with many other cities that saw almost a 50% drop from the year earlier this wasn’t bad at all.  The average days on market was a very speedy 24 compared with 37 in 2019.  The median sales price was $792,0000 and the average price per foot was $503.  See more details in our full Torrance real estate trends and statistics area.  See also the Torrance homes that sold in April.

View the current homes for sale in Torrance CA.

North Torrance Real Estate Trends & Statistics – By the Numbers

Welcome to the real estate trends and statistics for the North Torrance neighborhoods or 90504 homes for sale. Whether you are a buyer, or a seller, knowing what the market is doing and where it appears to be heading can make all of the difference in the world. If we can be of assistance in any way please don’t hesitate to contact us. You can view these trends for all Torrance CA neighborhoods or specifically for North Torrance – West .

View the current homes for sale in North Torrance.

The chart below shows the recent history of the number of active listings, pending home sales and closed escrows. The higher ratio of active to sold/pending listings shows a buyers market while lower inventory shows a sellers market.

The chart below shows the average price per square foot in North Torrance West. This includes all types of homes including condos, townhomes and single family homes

The chart below shows the percentage of sold price / list price at which an equal number of properties are sold above, equal or below the list price and it indicates how long it has taken to sell those properties.

The chart below shows the difference between the average price for sale in North Torrance and average price of the sold homes. It helps determine whether the market is a buyer or seller market. If the average listing price and average sold price are the closest, the area has the healthiest market.

The chart below shows the months of inventory for a particular month. As a rule of thumb, an inventory level of less than three indicates a strong seller market while an inventory level greater than six indicates a buyer’s market.

CURRENT NORTH TORRANCE HOMES FOR SALE

[idx-listings zip=”90504″ statuses=”1″ orderby=”DateAdded” orderdir=”DESC” count=”25″ showlargerphotos=”true” listtabalignment=”Left”]

New Horizons senior condos in Torrance

Torrance Real Estate Recap – April 2020 Home Sales & Prices in Torrance CA

April was still a fairly active month for the Torrance CA real estate market. There were 81 home sales for the month which was well below the 99 sold homes from this time a year ago.  The median list price for the homes that sold was $789,000 with the median “sold” price of
$779,000 indicating a strong seller’s market. Average price per foot for the month was $515.

View the current homes for sale in Torrance

Home For Sale in April 2020: 102 units.
• Up 24.4% compared to last month
• Down 32% compared to last year

Home Closed in April 2020: 79 units.
• Down 9.2% compared to last month
• Down 20.2% compared to last year

Home Placed under Contract in April 2020: 45 units.
• Down 43% compared to last month
• Down 59.1% compared to last year

April Home Sales and Home Prices for Torrance

Type
Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year Built
CONDO/A
1614 W
207th ST
#2
$515,000
$266.84
3/2,0,1,0
1930/A
2006/ASR
SFR/D
20848
Denker Ave   
$630,000
$690.79
2/1,0,0,0
912/OTH
1954/OTH
SFR
21911
NORMANDIE AVE  
$650,000
$527.60
2/1,0,0,0
1232/
1948
SFR/D
1060 W
220th ST  
$650,000
$435.66
4/2,0,0,0
1492/A
1952/ASR
SFR/D
1326
Harmony WAY  
$655,000
$324.90
4/3,0,0,1
2016/A
2007/ASR
SFR/D
21223 S
Normandiee AVE  
$862,990
$453.25
4/3,0,0,0
1904/B
2019/BLD
SFR/A
21455 S
Normandie AVE
$916,990
$403.78
4/3,0,0,0
2271/B
2019/BLD
CONDO/A
1119
Sepulveda BLVD#H202
$340,000
$427.14
2/1,0,0,0
796/A
1973/ASR
CONDO/A
20516 S
Vermont AVE#56
$375,000
$387.00
2/1,1,0,0
969/A
1978/ASR
CONDO/A
22224 S
Vermont AVE#102C
$435,000
$388.39
2/2,0,0,0
1120/A
1985/ASR
TWNHS/A
22533 S
Vermont AVE#72
$445,000
$361.49
2/1,0,1,0
1231/A
1982/ASR
TWNHS/A
22330
Harbor Ridge LN #5
$505,000
$392.39
3/1,0,1,0
1287/A
1980/ASR
TWNHS/A
22326
Harbor Ridge LN #2
$520,000
$353.26
3/2,0,1,0
1472/A
1979/PUB
TWNHS/A
1126 W
228th ST
#19
$549,000
$403.08
3/2,0,1,0
1362/A
1988/ASR
SFR/D
801 W
213th ST  
$620,000
$343.11
3/2,0,0,0
1807/A
1976/ASR
SFR/D
3132
Dalemead ST
$855,000
$673.23
3/2,0,0,0
1270/A
1950/ASR
SFR/D
3244
Danaha St
$880,000
$767.89
3/2,0,0,0
1146/A
1950/ASR
SFR/D
2643
Loftyview DR
$950,000
$627.48
3/2,0,0,0
1514/A
1954/ASR
SFR/D
2634
Loftyview DR
$950,000
$583.54
3/1,1,0,0
1628/A
1954/ASR
SFR/D
4134
Pacific Coast #134
$1,145,000
$405.45
5/4,0,0,0
2824/A
2001/ASR
CONDO/A
3030
Merrill DR #1
$502,800
$369.43
2/1,1,0,0
1361/T
1963/ASR
COOP/A
3205
Merrill DR #20
$525,000
$388.89
3/1,1,0,0
1350/E
1963/ASR
TWNHS/A
1704
Elm AVE #23
$690,000
$357.14
3/2,0,1,0
1932/E
1981/ASR
TWNHS/A
2931
Plaza Del #22
$715,000
$525.35
2/2,0,1,0
1361/A
1985/ASR
TWNHS/A
2595
Plaza Del #419
$745,000
$480.96
3/3,0,0,0
1549/A
1986/ASR
TWNHS/A
2300
Maple AVE #178
$750,000
$431.53
3/3,0,0,0
1738/A
1988/ASR
CONDO/A
3538
Torrance #192
$776,000
$466.07
3/2,0,1,0
1665/A
2005/ASR
TWNHS/D
2785
Maricopa
$939,000
$373.81
4/3,0,0,0
2512/A
2005/ASR
SFR/D
2116
Bridgeport Way
$1,000,000
$410.00
3/2,0,1,0
2439/A
1988/ASR
SFR/D
1122
Cranbrook Ave
$1,192,000
$430.64
6/3,0,1,0
2768/A
1951/ASR
CONDO/A
24410
Crenshaw BLVD #317
$315,000
$483.87
1/1,0,0,0
651/A
1987/PUB
CONDO/A
22625
Nadine CIR#B
$420,000
$376.01
2/2,0,0,0
1117/A
1963/ASR
CONDO/A
23028
Nadine CIR#B
$460,000
$411.82
2/2,0,0,0
1117/A
1963/ASR
SFR/D
22632
Greenwoo>d AVE
$865,000
$621.41
3/2,0,0,0
1392/P
1960/ASR
SFR/D
2729 W
230th ST
$960,000
$597.76
3/1,1,0,0
1606/A
1960/ASR
SFR/D
24707
Via Valmonte
$928,000
$623.24
2/2,0,0,0
1489/P
1970/ASR
SFR/D
4818
Greenmeadows AVE
$950,000
$538.55
4/2,0,0,0
1764/A
1953/ASR
SFR/D
4709
Greenmeadows AVE
$1,075,000
$614.99
3/1,1,0,0
1748/A
1953/ASR
SFR/D
5505
Riviera Way
$2,225,000
$646.80
4/4,0,0,0
3440/B
2019/BLD
CONDO/A
22218 S
Vermont Ave#102C
$430,000
$383.93
2/2,0,0,0
1120/A
1985/ASR
SFR/D
4210
Cathann St
$949,000
$623.52
3/2,0,0,0
1522/A
1956/ASR
CONDO/A
5500
Torrance #C121
$660,000
$516.03
3/2,0,0,0
1279/A
1990/ASR
SFR/D
21806
Anza AVE
$849,000
$744.74
3/1,1,0,0
1140/A
1956/ASR
SFR/D
4710
Scott ST
$900,000
$765.96
3/1,1,0,0
1175/A
1955/ASR
CONDO/A
5500
Torrance Blvd #A309
$685,000
$495.30
3/2,0,0,0
1383/A
1990/ASR
SFR/D
19609
Talisman St
$860,000
$575.64
3/2,0,0,0
1494/A
1954/ASR
SFR/D
4810
Carmelynn
$865,000
$596.55
3/1,0,0,0
1450/S
1955/ASR
TWNHS/A
4410
Emerald ST#46
$899,999
$395.26
3/1,1,1,0
2277/P
1981/PUB
SFR/D
4520
Darien ST
$946,900
$862.39
3/1,0,0,0
1098/A
1954/ASR
SFR/D
5214
Arvada ST
$965,000
$861.61
3/1,1,0,0
1120/A
1954/PUB
SFR/D
19516
Ronald AV
$965,000
$835.50
3/1,1,0,0
1155/A
1956/ASR
SFR/D
19309
Donora AV
$1,015,000
$686.27
3/2,0,1,0
1479/A
1955/ASR
SFR/D
19715
Redbeam
$1,125,000
$674.87
3/2,0,0,0
1667/A
1969/ASR
SFR/D
5602
Marialinda
$1,180,000
$737.50
3/2,0,0,0
1600/S
1959/ASR
SFR/D
5609
Marialinda
$1,200,000
$650.05
4/2,0,0,0
1846/A
1959/ASR
SFR/D
19202
Beckworth Ave
$1,400,000
$590.47
4/2,0,0,0
2371/A
1954/ASR
SFR/D
3418 W
172nd ST
$755,000
$516.77
3/2,0,0,0
1461/A
1953/ASR
SFR/D
18929
Roselle AV
$780,000
$428.34
4/1,2,0,0
1821/A
1968/ASR
SFR/D
4217 W
175th PL
$860,000
$416.87
4/2,0,0,0
2063/A
1976/ASR
SFR
4146 W
177TH ST
$925,000
$404.46
4/2,0,1,0
2287/
1952
TWNHS/A
18421
Van Ness AVE
$550,000
$416.35
3/2,0,1,0
1321/A
1964/ASR
TWNHS/A
2052
Artesia BL #B
$620,000
$371.04
3/3,0,0,0
1671/A
2001/OTH
SFR/D
16010
Illinois CT\
$750,000
$370.92
5/3,0,0,0
2022/A
1950/ASR
SFR/D
2007 W
180TH ST 4315
$779,000
$575.76
3/1,1,0,0
1353/A
1957/ASR
SFR/D
2615 W
166th PL W
$835,000
$642.31
3/1,1,0,0
1300/A
1955/ASR
SFR/D
16515
Purche AV E
$850,000
$450.69
3/2,0,1,0
1886/A
1955/ASR
SFR/D
16923
Cranbrook AVE
$885,000
$441.84
4/2,0,0,0
2003/A
1956/ASR
TWNHS
1262
ENGRACIA AVE
$590,000
$671.98
2/1,0,1,0
878/
2005
TWNHS/A
1956
Plaza Del Amo #A
$618,000
$446.85
3/3,0,0,0
1383/A
1987/ASR
SFR/D
2435
Cabrillo AVE
$725,000
$620.72
3/1,0,0,0
1168/A
1942/ASR
TWNHS/D
1911
Gramercy AVE
$730,000
$507.65
3/2,0,0,0
1438/A
1990/ASR
CONDO/A
759
Border AVE
$750,000
$483.87
3/2,0,1,0
1550/A
2005/PUB
SFR/D
2216 W
236th PL
$720,000
$549.62
4/1,1,0,0
1310/A
1955/ASR
SFR/D
2826
Gramercy AVE
$765,000
$728.57
3/2,0,0,0
1050/A
1947/ASR
SFR/D
2379 W
230th ST
$808,000
$481.53
3/1,1,1,0
1678/A
1958/ASR
SFR/D
2350 W
228th ST
$903,000
$393.29
4/2,1,0,0
2296/A
1963/ASR
SFR/D
1832 W
243rd Pl
$926,000
$493.08
4/2,0,0,0
1878/A
1964/ASR
SFR/D
2228 W
231st ST
$980,000
$517.70
4/3,0,0,0
1893/P
1973/PUB
CONDO/A
1528
Marcelina AVE #F
$485,000
$575.33
2/1,0,0,0
843/A
1991/ASR
SFR/D
20603
Berendo AVE
$590,000
$512.15
3/2,0,0,0
1152/A
1930/PUB
SFR/D
720 W
214th ST
$607,000
$404.13
3/2,0,0,0
1502/A
1950/PUB

Big Jump In Pending Home Sales for Torrance

Although this is likely to change given the challenges of Covid 19 and it’s impact on local real estate, the beginning of 2020 has seen a big jump in pending home sales in Torrance.  December of 2019 saw a multi year low, due primarily to the very low number of available homes for sale.  That has changed dramatically since the new year, however…..pending homes sales have gone from 49 in December to,  83 in January to 124 in February (March numbers should be coming soon).

Torrance real estate in the past 15 months