Your Local Market Report

Torrance, CA

Single-Family Homes



Torrance, CA

Fri Dec 06 2019
This week the median list price for Torrance, CA is $899,000 with the market action index hovering around 55. This is an increase over last month's market action index of 53. Inventory has held steady at or around 81. 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

Fri Dec 06 2019
This week the median list price for Torrance, CA is $899,000 with the market action index hovering around 55. This is an increase over last month's market action index of 53. Inventory has held steady at or around 81. 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 $899,000
Per Square Foot $514
Days on Market 79
Price Decreased 42%
Price Increased 5%
Relisted 9%
Inventory 81
Median Rent $3,695
Most Expensive $2,400,000
Least Expensive $499,000
Market Action 55
Strong Seller's Market

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
$1,378,500 2,641 6,500 - 8,000 sqft 4 2 47 2 2 72
$969,444 1,989 4,500 - 6,500 sqft 4 2 63 4 2 60
$804,450 1,541 4,500 - 6,500 sqft 3 2 68 3 5 49
$650,000 1,295 4,500 - 6,500 sqft 3 1 66 3 4 133