Pango Group

Torrance, CA 90503

Single-Family Homes

www.pangogroup.com



Torrance, CA 90503

Tue May 06 2025
This week the median list price for Torrance, CA 90503 is $1,579,000 with the market action index hovering around 57. This is less than last month's market action index of 63. Inventory has increased to 21. 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

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Torrance, CA 90503

Tue May 06 2025
This week the median list price for Torrance, CA 90503 is $1,579,000 with the market action index hovering around 57. This is less than last month's market action index of 63. Inventory has increased to 21. 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

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Torrance market.
Median List Price $1,579,000
Median Price of New Listings $1,788,000
Per Square Foot $834
Average Days on Market 48
Median Days on Market 28
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 21
Median Rent
Market Action 57
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$1,995,000 2,550 4,500 - 6,500 sqft 4 3 70 2 1 14
$1,779,000 2,698 4,500 - 6,500 sqft 4 2.5 56 1 0 35
$1,499,000 1,602 4,500 - 6,500 sqft 3 2 69 1 1 42
$1,274,500 1,120 4,500 - 6,500 sqft 3 1.3 70 1 1 21