New Weakness in New Listings for Torrance Real Estate Market

The Torrance market might be cooling off in the coming weeks. Sales fell this week to 73 homes sold over the last 30 days, and there is a long downward trend in the number of new listings, with 45 going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price dropped to $745,000, down from last week's $754,500. There is only one month of inventory available in Torrance, so it's a strong seller's market, even with the decrease in sales.

Curious as to which homes have been getting the most attention in Torrance? These listings have stirred up interest and produced the most views:

$300K   $779K   $1.8M  

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

Demographic facts for Torrance:

  • The population here is 145,438.
  • The safety rating here is 85. (Scale: 1 = Worst, 100 = Best)
  • The area's average commute to work is 29 minutes.

Data reported through 1/11/2017

Comments:

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