How much do homes in Torrance, CA cost?
Median List Price
$924,964
Based on all homes listed in the last 12 months.
Difference Since August 2020
Key Takeaway
The list price of homes in Torrance has increased by 6.9% since last year.
Housing Market Conditions
Key Takeaway
Torrance is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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Noteworthy Homes Listed
Nearest to Median Price
Median List Price By Bedroom Count
| # BEDS | Aug 2020 | Aug 2021 | % |
|---|---|---|---|
| 1 Bedroom | $440K | $440K | 0.0% |
| 2 Bedrooms | $629K | $681.1K | +8.3% |
| 3 Bedrooms | $855K | $919.5K | +7.5% |
| 4 Bedrooms | $1.0M | $1.1M | +15.6% |
| 5+ Bedrooms | $1.2M | $1.3M | +0.6% |
Median List Price Compared To Nearby Cities
| % | |
|---|---|
| Rolling Hills Estates | +11.4% |
| South Bay Cities | +10.9% |
| Redondo Beach | +9.1% |
| Lomita | +8.6% |
| Torrance | +6.9% |
How many homes are available in Torrance, CA?
Number of Homes For Sale
| Jul 2021 | Aug 2021 | % |
|---|---|---|
| 322 | 273 | -15.2% |
Homes For Sale By Bedroom Count
| # BEDS | Jul 2021 | Aug 2021 | % |
|---|---|---|---|
| 1 Bedroom | 11 | 7 | -36.4% |
| 2 Bedrooms | 72 | 54 | -25.0% |
| 3 Bedrooms | 151 | 129 | -14.6% |
| 4 Bedrooms | 69 | 71 | +2.9% |
| 5+ Bedrooms | 19 | 12 | -36.8% |
Asking Price vs. Sold Price
Key Takeaway
If you're buying a home in Torrance, you could pay more than the asking price. 78.8% of homes here sold above asking price last month.
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Get access to the MLS sold listings data for a full picture of the Torrance, CA market.
Average Listing Age
| Aug 2020 | Aug 2021 | % |
|---|---|---|
| 89 Days | 60 Days | -33.1% |
Breakdown of Home Sale Times
Key Takeaway
Many homes in Torrance are selling fast, if you're buying plan to act quickly.
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Get access to the MLS sold listings data for a full picture of the Torrance, CA market.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 