Market Report

Torrance, CA

Single-Family Homes

Chartwell Escrow



Torrance, CA

Mon Feb 06 2023
This week the median list price for Torrance, CA is $1,100,000 with the market action index hovering around 55. This is an increase over last month's market action index of 49. Inventory has decreased to 52. 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

Mon Feb 06 2023
This week the median list price for Torrance, CA is $1,100,000 with the market action index hovering around 55. This is an increase over last month's market action index of 49. Inventory has decreased to 52. 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 $1,100,000
Median Price of New Listings $1,087,500
Per Square Foot $745
Average Days on Market 81
Median Days on Market 42
Price Decreased 33%
Price Increased 2%
Relisted 4%
Inventory 52
Median Rent
Market Action 55
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,779,000 2,320 4,500 - 6,500 sqft 4 3 67 4 3 35
$1,200,000 1,646 4,500 - 6,500 sqft 3 2 68 3 5 49
$1,050,000 1,600 4,500 - 6,500 sqft 3 2 70 4 6 70
$800,000 1,122 4,500 - 6,500 sqft 3 2 72 3 3 42