Your Local Market Report

Torrance, CA

Single-Family Homes



Torrance, CA

Sat Sep 21 2019
This week the median list price for Torrance, CA is $804,900 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has held steady at or around 120. Click here to stay informed with the Torrance market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Torrance, CA

Sat Sep 21 2019
This week the median list price for Torrance, CA is $804,900 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has held steady at or around 120. Click here to stay informed with the Torrance market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Torrance market.
Median List Price $804,900
Per Square Foot $545
Days on Market 72
Price Decreased 43%
Price Increased 3%
Relisted 10%
Inventory 120
Median House Rent $3,395
Most Expensive $2,499,000
Least Expensive $500,000
Market Action Index
Strong Seller's Market
53

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,169,000 2,307 6,500 - 8,000 sqft 4 2 53 5 4 83
$874,999 1,421 4,500 - 6,500 sqft 3 1 65 3 5 57
$738,500 1,484 4,500 - 6,500 sqft 3 2 64 6 3 68
$617,450 1,194 4,500 - 6,500 sqft 3 1 66 10 5 79