Torrance 90502 (Torrance PO/County Strip)
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FEATURED TORRANCE HOMES
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LUXURIOUS NEW TORRANCE COMMUNITY
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The Village On Oak
Brand New Torrance Homes
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BRAND NEW TORRANCE HOME
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2402 W. 237th St, Torrance 90501
Gorgeous brand new home in highly desirable SE Torrance.
5 Bd 3.5 Bath 3100 sq ft
Reduced $1,099,000
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LUXURIOUS TOWNHOME
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Park Plaza Estates
3 Bd 2.5 Bath 1829 sq ft
$659,000
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GREAT SOUTHWOOD HOME
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What an opportunity to get into the prime Southwood Torrance neighborhood!
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TORRANCE CA REAL ESTATE MARKET UPDATE
July 2008 home sales in Torrance
Average home price was $588,983 compared with $671,807 in July '07, 11.4% price drop! Average price went up by 10.9% on a month to month basis!
Total of 99 homes were sold last month - same as last year. Average DOM was 63 days compared to 45 days a year ago.
Highest priced home sold at $1,115,000; lowest at $260,000.
June 2008 home sales in Torrance
Average home price in Torrance was
$538,172 compared with
$641,428 in 2007, a
16,1% price drop.
Total of 92 homes sold in June '08 compared with 104 homes sold in June '07. Sales volume has picked up again on a month to month basis. Is it just a "summere spike" or real recovery? We won't know for quite a long time - after the fact, as it's always the case..If you're thinking about buying a home - now is the time to buy!
Average DOM (days on market) was 58 - homes stayed on the market 20 days longer on average this year.
Highest priced home sold at $1,250,000; lowest at $250,000.
There are more foreclosure sales in Torrance this year pushing prices down.
Contact me for a FREE Foreclusure list in the Torrance area of your interest
May 2008 home sales in Torrance
Average home price in Torrance was $587,480 compared with $654,478 in 2007, a 10,2% price drop. Total of 74 homes sold in May '08 compared with 106 homes sold in May '07. Sales volume is still low but it has picked up again!
Average DOM (days on market) was 69 - homes stayed on the market 35 days longer on average this year.
Highest priced home sold at $1,262,500; lowest at $230,000.
April 2008 home sales in Torrance
Average home price in Torrance was $617,660 compared with $639,040 in 2007, a 3.5 price drop. Average price went up by 6.4% on a month to month basis (compared with March '08). Total of 67 homes sold in April '08 compared with 127 homes sold in April '07.
Average DOM (days on market) was 65 - homes stayed on the market 29 days longer on average this year.
Highest priced home sold at $1,100,000; lowest at $230,000.
There are real estate deals in this great coastal city, market has shifted to a Buyer's market. It's a great time to buy but you need a local market expert to help! Call 310.918.5027 for a free and no obligation consultation!
As a Torrance real estate professional and resident for 20 years, I can do more than just provide you with Torrance CA Real Estate listings. Whether you are interested in Walteria homes, Old Torrance real estate, Torrance newer construction, or Torrance investment properties, I would be happy to help you with your needs for Torrance CA real estate.
To learn more about Torrance CA Real Estate, contact your local area expert: Krystyna Baty @
(310)918-5027 or via e-mail Krystyna@isellsouthbay.com.