Home Prices in Torrance CA
Torrance homes prices posted another increase in December. Home buyers took advantage of low interest rates, although the rates have been up in last few weeks. Very low inventory of available homes and condos for sale in Torrance CA continued to put an upward pressure on prices. Below I provided the detailed data to illustrate the Torrance real estate market, current trends and prices in detail. Today, there are 128 homes listed for sale in Torrance. The lowest home is listed at $189,000 and the highest at $2.5M; average listing price is $667,735. This illustrates very well how diversified Torrance real estate is, from the ocean view Hollywood Riviera estates to entry level condos in East Torrance.
Torrance Real Estate Market Summary
99 homes sold in Torrance CA in December 2016 compared with 119 a year ago. Average sale price was $682,094 compared with $635,353 a year ago, which represents a 7% price increase. The lowest sold price was $163,000; the highest was $1.5M. Average DOM (days on market) was 29 days compared to 56 days a year ago.
Torrance Real Estate Statistics Today 1/16/17
|Highest Listing Price:||$2,588,000|
|Lowest Listing Price:||$199,000|
Search All Torrance Homes For Sale By Price
|All Listings||$100,000 – $200,000||$200,000 – $300,000|
|$300,000 – $400,000||$400,000 – $500,000||$500,000 – $600,000|
|$600,000 – $700,000||$700,000 – $800,000||$800,000 – $900,000|
|$900,000 – $1,000,000||Over $1,000,000|