Market Report

Torrance, CA 90503

Single-Family Homes

Chartwell Escrow | 310.740.1708



Torrance, CA 90503

Tue Oct 19 2021
This week the median list price for Torrance, CA 90503 is $1,120,000 with the market action index hovering around 86. This is an increase over last month's market action index of 79. Inventory has decreased 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Torrance, CA 90503

Tue Oct 19 2021
This week the median list price for Torrance, CA 90503 is $1,120,000 with the market action index hovering around 86. This is an increase over last month's market action index of 79. Inventory has decreased 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Torrance market.
Median List Price $1,120,000
Median Price of New Listings $1,299,000
Per Square Foot $750
Average Days on Market 21
Median Days on Market 21
Price Decreased 67%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent $3,450
Market Action 86
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,385,000 1,963 4,500 - 6,500 sqft 3 2 16 1 1 0
$1,299,000 1,616 4,500 - 6,500 sqft 3 2 67 1 0 0
$1,120,000 1,323 4,500 - 6,500 sqft 3 2 66 0 1 24
$894,500 1,323 4,500 - 6,500 sqft 3 1 68 1 0 38