George Fotion's Market Report

Torrance, CA 90505

Single-Family Homes

Call Realty | www.BestPalosVerdesHomes.com | 310.346.6467



Torrance, CA 90505

Wed Oct 20 2021
This week the median list price for Torrance, CA 90505 is $1,199,999 with the market action index hovering around 88. This is an increase over last month's market action index of 78. Inventory has decreased to 10. 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 90505

Wed Oct 20 2021
This week the median list price for Torrance, CA 90505 is $1,199,999 with the market action index hovering around 88. This is an increase over last month's market action index of 78. Inventory has decreased to 10. 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 $1,199,999
Median Price of New Listings $0
Per Square Foot $783
Average Days on Market 47
Median Days on Market 46
Price Decreased 40%
Price Increased 10%
Relisted 20%
Inventory 10
Median Rent $3,500
Market Action 88
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.

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
$1,598,944 3,060 4,500 - 6,500 sqft 4 3 51 0 1 73
$1,272,400 1,943 4,500 - 6,500 sqft 3 2 59 0 1 52
$1,199,999 1,395 6,500 - 8,000 sqft 3 2 66 0 1 7
$999,000 924 0 - 4,500 sqft 2 1 72 0 1 49