Fri May 29 2020
This week the median list price for Torrance, CA 90505 is $1,124,500 with the market action index hovering around 58. This is less than last month's market action index of 64. Inventory has held steady at or around 28.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,124,500|
|Per Square Foot||$610|
|Days on Market||41|
|Strong Seller's Market|
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,799,000||3,738||6,500 - 8,000 sqft||4||4||30||3||1||59|
|$1,250,000||1,620||4,500 - 6,500 sqft||3||3||64||2||1||34|
|$985,000||1,634||4,500 - 6,500 sqft||3||2||65||2||1||32|
|$888,000||1,389||4,500 - 6,500 sqft||3||2||66||2||1||40|