Torrance Real Estate Market Sees Home Sales Down

In this week's report, the number of homes sold in the Torrance market fell to 102 over the past 30 days, a decrease of 14.3% from last week's report, but still above the monthly average. Within the same time frame, Los Angeles had 2,172 sales, the most of all cities in the area. The median sales price dropped to $727,500, down from last week's $765,000. Despite the slip in sales, a relatively low two months of inventory indicates that Torrance is a definite seller's market.

Want a more traditional home in Torrance? Then start your search with these listings that were built before most others in the market:

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Get started right now by checking out Torrance homes for sale or reviewing Torrance real estate trends.

Demographic facts about Torrance:

  • This area has a rating of 65 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 257.5 for every 100,000 people.
  • This area has a health cost index score of 110.6. (100 = national average)
  • Residents who travel to work by car account for 83.8% of all commuters, while carpools account for 7.3%, and public transit makes up 1.4%.

Data reported through 10/19/2016

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