Torrance real estate sales were 10% lower in October compared with same period a year ago. Total of 61 single family homes were sold at the average price of $732,789. Average single family home price went up by 6 percent. Houses stayed on the market 52 days on average. Here are the details:
October 2015 October 2014 Differance
# of Sales 61 68 -10%
Avg Selling Price $732,789 $688,271 +6%
Days on Market 52 53 1 day
Note: Data reflects single family homes only; Torrance PO areas are excluded.
As of today, 110 houses are listed for sale in Torrance at the average listing price of $800,056; lowest priced house is listed at $495,000; highest at $1.5M. Average DOM is 57 days.
Real estate is local and home prices vary from neighborhood to neighborhood. If you’re thinking about selling and would like to know what your home is worth in today’s market, contact me at (310)918-5027 or via email email@example.com for a Free home evaluation.
TORRANCE CA MARKET UPDATE – OCTOBER HOME SALES