Market Report

Torrance, CA

Single-Family Homes

Chartwell Escrow | 310.740.1708



Torrance, CA

Tue Oct 19 2021
This week the median list price for Torrance, CA is $849,900 with the market action index hovering around 91. This is an increase over last month's market action index of 86. Inventory has decreased to 43. 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

Tue Oct 19 2021
This week the median list price for Torrance, CA is $849,900 with the market action index hovering around 91. This is an increase over last month's market action index of 86. Inventory has decreased to 43. 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 $849,900
Median Price of New Listings $799,000
Per Square Foot $718
Average Days on Market 28
Median Days on Market 14
Price Decreased 30%
Price Increased 2%
Relisted 7%
Inventory 43
Median Rent $3,500
Market Action 91
Strong Seller's Market

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,309,500 1,957 4,500 - 6,500 sqft 3 2 66 3 4 38
$979,000 1,413 4,500 - 6,500 sqft 3 2 68 3 3 7
$799,000 1,209 4,500 - 6,500 sqft 3 2 68 4 3 14
$689,000 775 4,500 - 6,500 sqft 2 1 71 6 4 14