Fri Apr 23 2021
This week the median list price for Torrance, CA 90505 is $1,449,500 with the market action index hovering around 88. This is about the same as last month's market action index of 88. Inventory has held steady at or around 10.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,449,500|
|Per Square Foot||$742|
|Days on Market||7|
|Strong Seller's Market|
In the last few weeks we’ve seen prices in this zip code bouncing around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,974,499||2,952||8,000 - 10,000 sqft||4||3||66||0||0||17|
|$1,573,950||1,930||4,500 - 6,500 sqft||4||3||68||0||0||17|
|$1,400,000||1,956||6,500 - 8,000 sqft||4||3||54||1||1||7|
|$910,000||1,158||4,500 - 6,500 sqft||3||2||65||1||0||7|