Torrance Home Prices for October 2019 – Real Estate Update

The real estate market in Torrance was fairly typical for this time of year with 119 homes selling in October of 2019.  That’s a solid number and prices were strong as well.  The median list price for homes that sold was $725,000 and the median sold price was $741,000 indicating the continuation of a strong seller’s market.  As of this post there are 118 homes for sale in the various neighborhoods of Torrance.  The lowest price of the month was $282,000 for a 1 bedroom condo in the Harbor Gateway area (not technically Torrance but a Torrance mailing address) with the highest price of the month was $1.4M.  Median price per square foot for the month was at $501.62 and average days on market was just around 30. See the latest real estate trends and market statistics.

View the current homes for sale in Torrance CA

MLS #
Type
  Address Sold Price $ per Foot
Bed/Bath
Sq Feet
Year
Sold Date
SB19123191
TWNHS/A
21741 Harvard BLVD   #1 $470,000 $336.44
3/3,0,0,0
1397/A
1991/APP
10/3/2019
PV19191396
TWNHS/A
1611 W 208th ST   #3 $512,600 $275.59
3/3,0,0,0
1860/A
2007/PUB
10/28/2019
SB19239550
SFR/D
1229 W 212th ST   $541,000 $591.26
2/1,0,0,0
915/A
1954/PUB
10/25/2019
SB19218903
SFR/D
1649 W 222nd ST   $586,100 $503.52
3/1,1,0,0
1164/A
1947/ASR
10/15/2019
SB19210449
SFR/D
21129 La Salle AVE   $590,000 $656.28
2/1,0,0,0
899/A
1949/ASR
10/25/2019
SB19159614
SFR/D
1314 W 214th ST   $594,000 $471.43
3/2,0,0,0
1260/A
1959/ASR
10/3/2019
SB19232246
SFR/D
20917 Normandie AVE   $600,000 $364.52
3/2,0,0,0
1646/A
1951/ASR
10/21/2019
TR19213081
SFR/D
20836 Denker AVE   $685,000 $382.68
3/1,1,0,0
1790/E
1952/PUB
10/30/2019
SB19170658
SFR/D
20903 Dalton AVE   $702,605 $486.23
3/1,1,0,0
1445/A
1953/ASR
10/25/2019
SB19200431
SFR/D
20947 Halldale AVE   $731,000 $472.22
2/2,0,0,0
1548/A
1952/ASR
10/10/2019
SB19150092
CONDO/A
23304 Sesame ST   #J $282,000 $441.31
1/1,0,0,0
639/A
1973/ASR
10/16/2019
SB19213430
CONDO/A
21415 S. Vermont Avenue    #61 $306,000 $552.35
1/1,0,0,0
554/A
1990/ASR
10/24/2019
SB19150161
CONDO/A
1109 Sepulveda BLVD   #E201 $310,000 $501.62
1/1,0,0,0
618/A
1973/ASR
10/1/2019
PW19190626
CONDO/A
20545 S Vermont AVE   #4 $318,500 $481.85
1/1,0,0,0
661/A
1982/ASR
10/4/2019
SB19209680
CONDO/A
20415 S Vermont AVE   #8 $325,000 $496.94
1/1,0,0,0
654/E
1980/EST
10/10/2019
SB19207433
CONDO/A
21846 S Vermont Ave    #5 $395,000 $422.91
2/2,0,0,0
934/A
1998/ASR
10/10/2019
SB19208712
CONDO/A
22346 Harbor Ridge LN   #3 $396,250 $362.87
2/2,0,0,0
1092/A
1980/ASR
10/3/2019
SB19208757
TWNHS/A
23202 Sesame ST   #G $415,000 $390.04
3/1,0,1,0
1064/A
1973/ASR
10/29/2019
19495982
SFR/D
740 W 219TH ST   $422,000 $281.33
4/2,0,0,0
1500/E
1953
10/7/2019
PW19200990
TWNHS/A
22317 Harbor Ridge LN   #5 $450,000 $349.65
3/1,0,1,0
1287/A
1979/ASR
10/2/2019
SB19202474
SFR/D
21145 Broadwell AVE   $520,000 $418.01
2/1,0,0,0
1244/A
1954/ASR
10/10/2019
SB19117730
TWNHS/A
22320 Harbor Ridge LN   #2 $521,000 $291.39
3/1,1,1,0
1788/A
1979/ASR
10/11/2019
SB19193960
SFR/D
1051 Greenhedge ST   $575,000 $668.60
3/1,0,0,0
860/A
1953/ASR
10/31/2019
DW19181918
SFR/D
21520 Budlong AVE   $595,000 $485.71
3/1,0,0,0
1225/A
1956/ASR
10/18/2019
SB19203622
SFR/D
22114 Kenwood AVE   $618,000 $465.01
3/2,0,0,0
1329/A
1970/PUB
10/31/2019
OC19162432
SFR/D
928 Lindencliff ST   $633,000 $338.14
3/2,0,0,0
1872/A
1967/PUB
10/18/2019
PV19188355
SFR/D
21312 Meyler AVE   $650,000 $427.35
3/1,1,0,0
1521/A
1959/ASR
10/25/2019
PV19205360
TWNHS/D
1212 Valle CT   $679,000 $359.07
3/3,0,0,0
1891/A
2005/ASR
10/1/2019
BB19209529
SFR/A
951 Sorock DR   $680,000 $432.57
4/1,1,0,0
1572/A
1956/ASR
10/17/2019
PW19219372
TWNHS/D
22712 Meyler ST   $700,000 $405.33
4/3,0,0,0
1727/A
2016/PUB
10/21/2019
SB19215326
CONDO/A
24542 Park ST   $575,000 $563.17
2/2,0,0,0
1021/A
1984/ASR
10/22/2019
SB19210577
SFR/D
3127 Winlock RD   $700,000 $815.85
2/1,0,0,0
858/A
1950/ASR
10/16/2019
SB19219614
SFR/D
2603 Grand Summit RD   $750,000 $657.89
3/1,0,0,0
1140/A
1954/ASR
10/31/2019
SB19173503
SFR/D
3241 Cricklewood ST   $795,000 $617.72
3/1,0,0,0
1287/SEE
1950/ASR
10/11/2019
SB19223401
SFR/D
2907 Dalemead ST   $810,000 $810.00
3/1,0,0,0
1000/S
1952/ASR
10/24/2019
SR19198200
SFR/D
25925 Matfield DR   $825,000 $662.12
3/2,0,0,0
1246/A
1955/ASR
10/29/2019
PW19153062
SFR/D
3507 Cricklewood ST   $845,000 $549.06
3/2,0,0,0
1539/A
1951/ASR
10/11/2019
SB19214307
SFR/D
24238 Neece AVE   $1,200,000 $424.03
4/2,1,0,0
2830/A
1972/ASR
10/30/2019
SB19180965
CONDO/A
2940 W Carson ST   #217 $373,000 $466.25
2/1,0,0,0
800/A
1962/ASR
10/2/2019
SB19189544
CONDO/A
1745 Maple AVE   #49 $430,000 $494.25
2/1,0,0,0
870/A
1963/ASR
10/7/2019
SB19086985
COOP/A
3210 Merrill DR   #1 $435,000 $321.03
2/1,1,0,0
1355/SEE
1963/EST
10/24/2019
PW19177617
CONDO/A
2940 W Carson ST   #234 $445,000 $438.42
2/1,1,0,0
1015/A
1962/ASR
10/31/2019
SB19147761
CONDO/A
2571 Plaza Del Amo    #111 $495,000 $568.97
1/1,0,1,0
870/A
1985/ASR
10/11/2019
SB19234240
TWNHS/A
2615 Plaza Del Amo    #638 $709,000 $464.61
2/2,0,1,0
1526/A
1987/ASR
10/30/2019
SB19194958
TWNHS/A
2595 Plaza Del Amo    #418 $710,000 $458.36
3/2,0,1,0
1549/A
1986/ASR
10/8/2019
SB19203892
TWNHS/A
2801 Sepulveda BLVD   #53 $799,000 $397.71
3/3,0,0,0
2009/A
1994/ASR
10/4/2019
PV19114928
TWNHS/A
2801 Sepulveda BLVD   #123 $802,000 $424.56
3/2,0,1,0
1889/A
1996/ASR
10/9/2019
SB19115779
SFR/D
1203 TERI AVE    $817,000 $458.99
4/3,0,0,0
1780/O
1951/ASR
10/2/2019
SB19177405
TWNHS/A
2801 Sepulveda BLVD   #56 $820,000 $434.09
3/2,0,1,0
1889/A
1994/ASR
10/17/2019
SB19221274
SFR/D
1317 Greenwood AVE   $885,000 $615.01
3/2,0,0,0
1439/A
1945/ASR
10/29/2019
SB19217237
SFR/D
826 Teri AVE   $885,000 $671.98
3/1,1,0,0
1317/A
1951/ASR
10/22/2019
PV19133608
CONDO/A
24410 Crenshaw BLVD   #312 $295,000 $397.04
1/1,0,0,0
743/A
1987/PUB
10/25/2019
19493760
CONDO
23026 NADINE CIR   #A $427,000 $382.27
2/2,0,0,0
1117/
1963/ASR
10/1/2019
PV19170904
CONDO/A
22732 Nadine CIR   #A $485,000 $510.53
2/1,0,1,0
950/A
1963/ASR
10/4/2019
PW19190782
CONDO/A
22935 Maple AVE   #B $530,000 $474.49
1/2,0,0,0
1117/A
1963/ASR
10/25/2019
PW19162631
SFR/D
2325 W 235th ST   $800,000 $412.80
3/3,0,0,0
1938/A
1958/PUB
10/21/2019
SB19169218
SFR/A
22703 Eastwood ST   $860,000 $567.66
3/2,0,0,0
1515/A
1954/ASR
10/4/2019
SB19185069
SFR/D
2707 W 232nd ST   $1,020,000 $424.29
4/3,0,0,0
2404/A
1965/ASR
10/31/2019
SB19191589
SFR/D
3414 W 228th ST   $1,072,000 $521.65
4/3,0,0,0
2055/A
1954/ASR
10/4/2019
SB19217438
SFR/D
22622 Juniper AVE   $1,380,000 $517.24
5/1,2,0,0
2668/P
1963/PUB
10/25/2019
SB19224613
SFR/D
4414 Highgrove    $820,000 $676.57
3/1,0,1,0
1212/A
1954/ASR
10/11/2019
IN19202984
SFR/D
4914 Pacific Coast    $850,000 $750.88
3/1,0,1,0
1132/A
1953/SEE
10/25/2019
SB19130538
SFR/D
3898 Newton ST   $965,000 $599.01
3/1,1,0,0
1611/A
1940/ASR
10/4/2019
PV19216333
SFR/D
23705 Susana AVE   $1,105,000 $865.99
3/1,0,1,0
1276/A
1954/ASR
10/22/2019
SB19177109
SFR/D
5002 Paseo De Las Tortugas    $1,177,500 $595.30
3/2,0,0,0
1978/A
1956/ASR
10/18/2019
PV19188809
SFR/D
22920 Galva AVE   $748,000 $434.13
3/1,2,0,0
1723/A
1955/ASR
10/7/2019
SB19180228
SFR/D
5206 Vanderhill RD   $785,000 $1,060.81
2/1,0,0,0
740/A
1949/ASR
10/25/2019
SB19143134
SFR/D
22430 Susana AVE   $800,000 $738.01
3/1,1,0,0
1084/P
1952/ASR
10/11/2019
SB19180239
SFR/D
4528 W 231st ST   $830,250 $728.29
3/1,0,0,0
1140/A
1954/ASR
10/29/2019
SB19220642
SFR/D
4615 Moresby DR   $1,068,999 $753.88
3/2,0,0,0
1418/A
1951/ASR
10/29/2019
SB19200665
SFR/D
5444 Sharynne LN   $1,400,000 $1,136.36
3/1,1,0,0
1232/A
1947/ASR
10/28/2019
SB19199638
SFR/D
23107 Audrey AVE   $1,430,000 $386.90
4/4,0,1,0
3696/A
1990/ASR
10/29/2019
SB18284079
CONDO/A
5500 Torrance BLVD   #A108 $670,000 $484.45
3/2,0,0,0
1383/A
1990/ASR
10/3/2019
SB19169552
SFR/D
21217 Palos Verdes BLVD   $790,000 $679.86
3/1,1,0,0
1162/A
1955/ASR
10/30/2019
SB19105054
SFR/D
4001 Sepulveda BLVD   $799,900 $701.67
3/2,0,0,0
1140/A
1956/ASR
10/25/2019
SB19189458
SFR/D
21921 Grant AVE   $885,000 $776.32
3/1,1,0,0
1140/A
1956/PUB
10/21/2019
SB19206659
SFR/D
4701 Laurette ST   $990,000 $660.00
3/1,1,0,0
1500/A
1955/ASR
10/8/2019
SB19240522
SFR/D
4735 Narrot ST   $650,000 $580.36
3/1,0,0,0
1120/A
1954/ASR
10/10/2019
PW19163708
SFR/D
20004 Mansel AVE   $805,000 $551.37
3/1,0,1,0
1460/A
1955/ASR
10/16/2019
SB19211243
TWNHS/A
3538 Torrance BLVD   #155 $810,000 $456.85
3/3,0,0,0
1773/A
2005/PUB
10/22/2019
SB19191693
SFR/D
4702 W 191st ST   $825,000 $751.37
3/1,0,0,0
1098/A
1954/ASR
10/7/2019
SB19187260
SFR/D
20111 Hawthorne BLVD   $870,000 $780.27
3/2,0,0,0
1115/A
1954/PUB
10/28/2019
SB19210520
SFR/D
19417 Beckworth AVE   $940,000 $849.91
3/1,1,0,0
1106/A
1954/ASR
10/11/2019
SB19144303
SFR/D
20617 Tomlee AVE   $1,150,000 $793.10
3/2,0,0,0
1450/S
1959/ASR
10/29/2019
SB19151794
SFR/D
5532 Lorna ST   $1,250,000 $466.59
4/3,0,0,0
2679/A
1993/ASR
10/8/2019
PV19108430
SFR/D
21018 Wendy    $1,425,000 $419.61
4/3,0,1,0
3396/A
1996/ASR
10/24/2019
SB19203693
TWNHS/A
3743 Artesia BLVD   $515,000 $530.93
2/2,0,0,0
970/A
1981/ASR
10/28/2019
PW19184607
SFR/D
3717 W 181st ST   $680,000 $611.51
3/1,0,0,0
1112/A
1953/ASR
10/8/2019
SB19200720
SFR/D
4335 W 177th ST   $695,000 $623.88
3/1,0,1,0
1114/A
1952/PUB
10/18/2019
SB19194006
SFR/D
3206 W 179th ST   $731,000 $546.75
3/2,0,0,0
1337/A
1955/ASR
10/9/2019
SB19193684
SFR/D
3410 W 171st ST   $745,000 $537.13
3/1,1,0,0
1387/A
1953/ASR
10/8/2019
SB19198298
SFR/D
18304 Ermanita AVE   $750,000 $645.44
3/2,0,0,0
1162/A
1956/ASR
10/9/2019
SB19214693
SFR/D
17519 Delia AVE   $760,000 $512.82
4/1,1,0,0
1482/A
1951/ASR
10/25/2019
SB19210036
SFR/D
3420 W 185th ST   $771,000 $597.67
3/2,0,0,0
1290/E
1954/ASR
10/25/2019
PV19206502
SFR/D
3123 W 180th ST   $775,000 $479.58
3/1,1,0,0
1616/A
1955/ASR
10/3/2019
SB19177906
SFR/D
18628 Prairie AVE   $800,000 $511.51
3/1,1,0,0
1564/A
1961/ASR
10/11/2019
SB19200909
SFR/D
17227 Wilkie AVE   $620,000 $732.00
2/1,0,0,0
847/A
1948/ASR
10/16/2019
SB19220898
SFR/D
16914 Purche AVE   $683,725 $549.62
3/1,1,0,0
1244/A
1957/ASR
10/11/2019
SB19208688
SFR/D
17204 Haas AVE   $725,000 $631.53
3/1,1,0,0
1148/A
1954/ASR
10/11/2019
SB19222738
SFR/D
17030 Wilkie AVE   $785,000 $524.38
3/2,0,0,0
1497/A
1948/ASR
10/29/2019
SB19180318
SFR/D
18304 Taylor CT   $860,000 $417.68
3/2,0,1,0
2059/A
1962/ASR
10/23/2019
SB19175388
CONDO/A
1211 Cabrillo AVE   #303 $270,000 $482.14
1/1,0,0,0
560/A
1993/ASR
10/2/2019
SB19136017
CONDO/A
2700 Arlington AVE   #103 $480,000 $380.35
2/2,0,0,0
1262/A
1982/ASR
10/21/2019
SB19197906
CONDO/A
2367 Jefferson ST   #220 $590,000 $467.88
2/2,0,0,0
1261/A
2007/ASR
10/18/2019
SB19195932
SFR/D
650 Border AVE   $619,000 $726.53
2/1,0,0,0
852/A
1925/ASR
10/3/2019
PW19224153
TWNHS/A
1800 Oak ST   #501 $847,800 $432.55
3/3,0,0,0
1960/A
2007/ASR
10/17/2019
19511466
TWNHS
1800 OAK ST   #407 $873,000 $447.69
3/3,0,0,0
1950/A
2007/ASR
10/28/2019
SB19177792
SFR/D
2314 W 229th PL   $677,250 $357.77
3/2,0,0,0
1893/A
1972/ASR
10/15/2019
SB19207271
SFR/D
2445 W 236th PL   $730,000 $790.04
3/1,0,0,0
924/A
1954/ASR
10/28/2019
SB19216681
SFR/D
23038 Huber AVE   $741,000 $644.35
3/2,0,0,0
1150/A
1948/ASR
10/18/2019
SB19212999
SFR/D
2076 W 236th ST   $750,000 $637.76
3/1,0,0,0
1176/A
1924/PUB
10/8/2019
319003532
SFR/D
2436 W 239th ST   $760,000 $608.49
3/2,0,0,0
1249/A
1961/ASR
10/16/2019
SB19120203
SFR/D
2049 W 235th ST   $800,000 $454.29
5/2,0,0,0
1761/A
1965/ASR
10/23/2019
SB19186387
SFR/D
2057 W 230th ST   $838,000 $494.69
4/2,0,0,0
1694/A
1960/ASR
10/4/2019
SB19138198
SFR/D
2445 W 230th PL   $870,000 $443.88
4/2,0,0,0
1960/A
1963/ASR
10/10/2019
SB19208761
SFR/D
2420 231st ST   $950,000 $502.38
4/1,1,0,0
1891/A
1973/ASR
10/30/2019
SB19154461
SFR/D
2255 W 230th ST   $1,200,000 $286.94
4/4,0,0,0
4182/A
1988/ASR
10/1/2019
PV19240067
SFR/D
1810 W 236th ST   $1,255,000 $342.80
5/4,0,0,0
3661/A
2004/ASR
10/29/2019
PW19159063
TWNHS/A
1845 Plaza Del Amo    #C $620,000 $552.58
2/2,0,1,0
1122/A
1991/EST
10/25/2019

Torrance Real Estate Recap – 2018 Year in Review

By Keith Kyle

2018 was a banner year for real estate in Torrance CA. Demand was extremely high and prices continued to rise throughout the year with a slight drop towards the winter months which is not unusual.  The number of homes for sale really ramped up after spring from a low of 76 homes on the market in January to a high of 167 homes for sale in July.  There were 1,195 residential “on market” home sales in Torrance for the year.  These statistics do not include the homes in the Hollywood Riviera with Redondo mailing address but actually in Torrance.

Homes Selling At or Above Asking Price

One extremely impressive indicator of just how strong the market remained through the year was the % difference between list price and sold price (how close the sellers were to full asking price).  In seven of the months the average home sold at, or above the average list price and in the remaining 5 months they were within a percent or 2 of full list price.  That’s a sign of an extremely seller friendly market.

See the current homes for sale in Torrance

Days on Market Very Low

Another solid indicator was the average days on market with only topped 30 days once….in January of 2018.  Median prices for the year generally overed between $700,000 and $800,000.

Date January February March April May June July August September October November December
For Sale 76 78 88 111 144 149 167 165 149 164 165 119
New Listing 94 104 121 147 147 163 162 146 110 136 103 59
Sold 59 52 97 95 110 115 131 135 112 112 97 74
Pended 72 86 104 107 113 135 124 136 95 101 85 85
Avg. Active Price  $757.000  $749.000  $815.000  $820.000  $814.000  $780.000  $819.000  $809.000  $ 803.000  $771.000  $727.000  $724.000
Avg. Sold Price  $714.000  $739.000  $709.000  $739.000  $806.000  $747.000  $715.000  $721.000  $765.000  $744.000  $735.000  $766.000
Avg. Sq. Ft. Price (Sold) 488 484 484 483 503 504 482 495 497 469 495 494
Sold/List Diff. % 100 101 102 102 102 101 101 100 100 99 99 100
Sold/Orig LP Diff. % 99 100 101 101 102 101 100 99 100 98 98 98
Avg Days on Market 34 26 22 22 19 20 23 21 25 30 27 29
Median Sold Price 700,000 705,000 690,000 740,000 800,000 732,000 695,000 735,000 743,000 716,000 710,000 758,000
Torrance open houses

The Home Selling Process in Torrance CA

Welcome to our information page for TorranceTorrance open houses home sellers

Selling your home in Torrance can be a stressful process. Making the decision to sell, preparing the home for sale, keeping it clean, dealing with showings and open house, search for the right buyer, negotiating offers, and going through the escrow and inspection process…all of these steps can be challenging, stressful and inconvenient. Selling a home both a huge financial transaction but also a very emotional process.

With the help of the right realtor you can get it done, and it may even be easier than you anticipate. Keep in mind that you’re not alone.  An experienced, professional real estate agent can guide you through the process, help resolve any issues that come up, and ensure that your home sells for the optimal price in a timely manner.  It’s critical to find a realtor that you trust as it will make the process far less stressful.  Here are some of the steps:

Choosing a Realtor

Like choosing any service professional it’s important to do your homework before deciding on a real estate agent. Your home purchase or sale likely represents one of the most significant financial transactions of your life, and you definitely want to find the right person for you.  Not all sellers are the same and not all realtors are the same….find the right match is important.

Abilities, production and knowledge matter.  You want someone with experience, knowledge of your home, neighborhood and market, and a Realtor with a proven track record of successful closings.  Keep in mind that you pay most agents the same commission so do your homework and find out which agents do more, sell more, and have a record of success.  Also read online reviews and ask around.  See our reviews and testimonials on Zillow and Yelp

Pricing Your Home

When you want to sell your home, one of the most important steps is setting a price. To best determine what your home is really worth, you’ll need to put aside your personal feelings about the home and ask yourself what homebuyers may actually be willing to pay. It is usually detrimental to base your asking price on emotion and can actually cost you in the long run. Although the home means a great deal to you, homebuyers aren’t likely to take that into account.  Unfortunately what are upgrades to some, may mean some remodeling to others.  Let your realtor give you their honest and professional opinion based on homes they’ve seen, market conditions and a realistic understanding of how potential buyers will see the home.

Market conditions are likely to have the most significant impact on the sale price of your home, so take note of whether the homes in your area are priced high or low and if they’re selling quickly.  Successful realtors will know how your home compares with other homes on the market and recent sales.  This unbiased opinion is critical in coming up with the market value of your home

Feel free to contact me for an opinion of your Torrance home’s proper selling price. I can provide you with a marketing consultation and information about property values in your area. I have been one of the top agents in the Redondo area for over a decade and can use that experience and knowledge to help guide you successfully through the process from start to finish.

Getting the Process Moving

Once you decide to sell your home, you want the process to go quickly. But what do buyers want? It varies with the needs of each individual, but typically buyers are looking for a good neighborhood, good schools,  a clean home that is priced appropriately.

You can’t control all of these factors, but there are some things you can do to make your home sell faster. Start by realizing that you’re competing with other sellers, so your price must be competitive. If it’s not, potential buyers are likely to take their business elsewhere.  Ask your realtor to show you some competing homes and get a sense of why some homes sell quickly and others don’t.

You can also increase the perceived value of your home by adding a few welcoming touches and cleaning it up – both inside and out. Although you can’t do much to change your neighborhood, you can focus on the positive aspects of the area when speaking with potential buyers.

Find out more about Keith Kyle with Vista Sotheby’s International Real Estate or contact me via email, phone or text.

 

Torrance homes for sale sign

2016 Top Producing Realtor Announced in the South Bay

Vista Sotheby’s International, one of the top real estate firms in Torrance and the South Bay area of Los Angeles have recently announced  their “Top Producers” for 2016. With offices throughout the area including Manhattan Beach, Hermosa Beach, Palos Verdes, Redondo Beach and the Hollywood Riviera, Vista Sotheby’s has quickly become the dominant force in the local real estate market.

We are proud to annouce that Torrance real estate specialist Keith Kyle was one of the top agents companywide and was the #9 top producing agent for 2016.   Congrats to all of the realtors given the award.  See also the Vista Sotheby’s top producers for 2015.
Top Realtors in the South Bay 2016

We wanted to thank all of our clients and friends that helped make 2016 such as successful year in real estate.

Single family homes in Torrance

Home Sales are Up While Inventory Way Down in West Torrance

Keith KyleSingle family homes in Torrance

Where did all the homes go in West Torrance?

Well the limited number of homes that were on the market all sold leaving inventory down once again.

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. February saw 13 homes close escrow with only 6 active homes for sale. As of April 17th there are 8 active homes for sale and 13 homes in escrow.

 

Torrance Housing Inventory Still Down But on the Rise

By Keith Kyle

The real estate market in Torrance CA continues to be driven by the lack of homes for sale but for the third straight month we have seen an increase in the number of homes for sale.  Inventory has been on the rise since the low point in December but still far below the norm.  We have also seen an increase in the pending home sales over that same period of time and it appears that the inventory will continue to rise as we head towards the usually busy summer buying and selling season.  See all of the Torrance homes for sale or search by neighborhoods.  To see the most recent Torrance home sales visit our closed sale pages.