Pango Group

Torrance, CA 90503

Single-Family Homes

www.pangogroup.com



Current active inventory in Torrance, CA 90503 is very low. Keep this in mind when looking at this report.

Torrance, CA 90503

Thu Jan 20 2022
This week the median list price for Torrance, CA 90503 is $1,285,000 with the market action index hovering around 82. This is less than last month's market action index of 88. Inventory has held steady at or around 2. 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Torrance, CA 90503

Thu Jan 20 2022
This week the median list price for Torrance, CA 90503 is $1,285,000 with the market action index hovering around 82. This is less than last month's market action index of 88. Inventory has held steady at or around 2. 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Torrance market.
Median List Price $1,285,000
Median Price of New Listings $1,285,000
Per Square Foot $837
Average Days on Market 0
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent $4,295
Market Action 82
Strong Seller's Market

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
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$1,285,000 1,676 4,500 - 6,500 sqft 4 2 62 2 0 0
$1,395,000 2,232 4,500 - 6,500 sqft 5 3 58 1 0 0
$1,175,000 1,120 4,500 - 6,500 sqft 3 1 67 1 0 0