Pango Group

Torrance, CA 90503

Single-Family Homes

www.pangogroup.com



Torrance, CA 90503

Sat Nov 27 2021
This week the median list price for Torrance, CA 90503 is $1,369,500 with the market action index hovering around 87. This is an increase over last month's market action index of 84. Inventory has increased to 6. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Torrance, CA 90503

Sat Nov 27 2021
This week the median list price for Torrance, CA 90503 is $1,369,500 with the market action index hovering around 87. This is an increase over last month's market action index of 84. Inventory has increased to 6. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Torrance market.
Median List Price $1,369,500
Median Price of New Listings $1,295,000
Per Square Foot $615
Average Days on Market 29
Median Days on Market 25
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent $3,400
Market Action 87
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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 4,753 8,000 - 10,000 sqft 7 7 3 0 0 98
$1,550,000 3,390 4,500 - 6,500 sqft 4 4 66 0 1 21
$1,369,500 2,230 4,500 - 6,500 sqft 3 2.5 62 1 1 14
$1,120,000 1,409 4,500 - 6,500 sqft 3 2 65 1 1 14