Pango Group

Torrance, CA 90504

Single-Family Homes

www.pangogroup.com



Torrance, CA 90504

Sat Jun 10 2023
This week the median list price for Torrance, CA 90504 is $949,000 with the market action index hovering around 80. This is an increase over last month's market action index of 74. Inventory has held steady at or around 11. 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 90504

Sat Jun 10 2023
This week the median list price for Torrance, CA 90504 is $949,000 with the market action index hovering around 80. This is an increase over last month's market action index of 74. Inventory has held steady at or around 11. 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 $949,000
Median Price of New Listings $924,000
Per Square Foot $676
Average Days on Market 53
Median Days on Market 0
Price Decreased 36%
Price Increased 0%
Relisted 18%
Inventory 11
Median Rent
Market Action 80
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,254,000 2,214 4,500 - 6,500 sqft 4 2.5 38 1 1 80
$975,000 1,442 4,500 - 6,500 sqft 3 2 67 2 2 0
$930,000 1,363 4,500 - 6,500 sqft 3 2 69 2 0 14
$869,000 1,249 4,500 - 6,500 sqft 3 2 70 3 2 0