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:

Ask a local expert about this area:
Keller Williams Realty South Bay
Snapped 26 homes in this area
Re/Max
Snapped 67 homes in this area
28 snaps
Snapped 128 homes in this area

Agents that specialize in this area
4 snaps in this area
53 snaps in this area
8 snaps in this area
10 snaps in this area
169 snaps in this area
36 snaps in this area
18 snaps in this area
63 snaps in this area
3 snaps in this area
9 snaps in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.