George Fotion's Market Report
Torrance, CA 90505
Single-Family Homes
Call Realty | www.BestPalosVerdesHomes.com | (424) 722-9136
Torrance, CA 90505
Thu Jul 03 2025
This week the median list price for Torrance, CA 90505 is $1,599,000 with the market action index hovering around 55. This is an increase over last month's market action index of 54. Inventory has held steady at or around 27.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.
Real-Time Market Profile
| Median List Price | $1,599,000 | |
| Median Price of New Listings | $1,475,000 | |
| Per Square Foot | $939 | |
| Average Days on Market | 41 | |
| Median Days on Market | 35 | |
| Price Decreased | 30% | |
| Price Increased | 0% | |
| Relisted | 4% | |
| Inventory | 27 | |
| Median Rent | ||
| Market Action | 55 | |
| Strong Seller's Market | ||
The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,400,000 | 2,618 | 8,000 - 10,000 sqft | 4 | 3 | 69 | 0 | 1 | 49 |
| $1,799,000 | 2,177 | 6,500 - 8,000 sqft | 4 | 3 | 61 | 2 | 2 | 28 |
| $1,495,000 | 1,500 | 4,500 - 6,500 sqft | 3 | 2 | 71 | 2 | 1 | 35 |
| $1,274,500 | 1,333 | 4,500 - 6,500 sqft | 3 | 2 | 71 | 2 | 4 | 14 |