Torrance, CA Real Estate News

By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance CA Real Estate Market UpdateHow's the market? I get asked this question a lot, especially lately, since it seems the real estate market is changing. It's too early to see the trend, so please contact us for your area update or your home market evaluation. We'll also be posting monthly and quarterly Torrance market updates.Below are stats for last month compared to a year ago. Torrance May 2021 Difference No. of Homes Sold 82 - 9 Median Sold Price $960,250 +28% Average Sold Price $1,104,774 +19%  Data for single family homes only. It's based on CRMLS.Home sales were strong in Torrance last month. Just 9 fewer houses were sold.  Average single family home sold price was 28% higher than a year ago. The median sold price also went up.As of today, 94 houses are listed for sale in To...
Comments 3
By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
It was back to normal for home sales after a brief slowdown due to a lack of homes for sale in the earlier months of 2022.  March, however, was a big month for home sales in the gated communities of Plaza Del Amo in Central Torrance.  There were 10 closed home, townhome and condo sales in Plaza Del Amo in March.   Of the 9 one was in the 55+ Tradewinds building, 2 in Springwood, 1 in Windemere, 1 in Chatelaine, 1 in Hickory Park, 1 in South Bayport, 1 in The Breakers and 1 in Belmar.  Take a look below. Home type St# Address Complex Price Bed/Bath Sq Feet Year Built Condo 2605 Sepulveda BLVD #127 Tradewinds 55+ $639,000 2/3,0,0,0 1212/A 2003/PUB Condo 2559 Plaza Del Amo #208 Windemere $655,000 1/1,0,1,0 1052/A 1984/ASR Townhome 2931 Plaza Del Amo #90  Springwood $793,000 2/2,0,1,0 1184/...
Comments 0
By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance CA Real Estate Report -March 2022Torrance CA real estate market data reflects the continuing seller's market.  Low inventory (the inventory is even lower than a year ago) and home buyers trying to take advantage of low interest rates before the Fed hikes, create the imbalance between demand and availability resulting in multiple offers and rising prices. As you'll see below, home prices in Torrance real estate increased by 11% and 13%,  average and median sold prices respectively , for single family homes (houses).    Torrance March 2022 March 2021 Difference No. of Homes Sold 68 90 -32% Median Sold Price $1,225,000 $1,080,500 +13% Average Sold Price $1,201,228 $1,078,912 +11% Data for single family homes only from CRMLSReal estate is local - every neighborhood or community is ...
Comments 1
By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance CA Market Report - Feb '22 Torrance CA real estate market data suggest continuing seller's market.  Low inventory and home buyers trying to take advantage of low interest rates before the Fed hikes, create the imbalance resulting in multiple offers and rising prices.As you'll see below, home prices in Torrance increased by 12%, both average and median sold prices, for single family homes. Torrance  Torrance Feb '22 Torrance Feb'21 Difference Number of sales 48 43 +12% Median sold price $1,050,000 $940,000 +12% Average sold price $1,097,379 $977,042 +12% Days on market 17 16 +1 Data for single family homes only from CRMLSThe lowest sales price for a house in Torrance was $625,000, the highest was $1,700,000.Real estate is local - every neighborhood or community is different.  If...
Comments 1
By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
South Bay Real Estate Market Report for 2021 South Bay real estate data for 2021 is out. Home prices went up in all South Bay LA local markets. We had very low inventory of properties for sale. The buyer demand exceeded the supply which resulted in bidding wars and higher prices. Interest rates were low, helping new buyers enter the market.Below you'll find the selected markets property listing and selling data in real time - click on provided links to see current listings and sold homes in last 6 months (all info is based on CRMLS; single family homes only). You may create your own market report, save and receive email update.TORRANCE257 single family homes were sold in Torrance in last 3 months. Average listing price was $1,762,482; average selling price was $1,050,402; Average price ...
Comments 2
By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
Simply put, September was a HUGE month for home sales in the city of Torrance CA. The 146 home sales was the most since June of 2017.  See how it compares with other months on ourTorrance real estate trends and stats page  showing the past 15 months. Search the current homes for sale in Torrance There were an amazing 146 on market property sales which makes for an incredible month. The average list price was $927,086 with the average sold price at $971,333 meaning homes sold WAY over the asking price. Homes averaged only 17 days on market before going into escrow. The highest price of the month was for 17010 Van Ness which was an old craftsman home and several additional buildings that were on an enormous 30,000+ foot lot that was once a dairy farm.Torrance Home Sales and Property Price...
Comments 2
By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Parkview Court - Torrance 55+ Featured CommunityParkview Court in Torrance is one of the most popular active senior communities in South Bay. Located in Old Torrance, adjacent to the beautiful Wilson Park with the Farmer's Market, tennis courts, baseball field, basketball, walking paths, ponds and more. Visit the City of Torrance website for more details - Wilson ParkFloor plans vary from 1 bd/1 bath or 1 bath plus den, to 2 bd 2 bath.  Prices range from around $450K to $500K and up. Parkview Court condos rarely come on the market.  Currently two units are available for sale - 1 bedroom/1bathroom is listed at $465,000 and a 2 bd 2 bath unit listed at $539,000.  Click below for details and today's availability:Parkview Court Condos For SaleView South Bay 55+ CommunitiesCall Krystyna Baty...
Comments 0
By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
Many buyers actively seek Torrance neighborhoods for the wonderful community feel, tree lined streets, great schools and family friendly vibe.  Nowhere is this more embodied than in the Seaside Ranchos area of South Torrance. The Seaside Ranchos neighborhood is often called the Christmas Lights area due to the annual show put on by the residents.  Sitting just north of Pacific Coast Highway as it turns inland near the Palos Valos Peninsula the neighborhood is a collection of beautiful homes on larger lots.  Most homes are generally updated and upgraded versions of the original beach homes built with fewer "McMansions" than in many other South Bay neighborhoods.   The majority of the homes offer 3 bedrooms and 2 bathrooms and due to the much larger lots than in most areas of Torrance oft...
Comments 0
By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
Welcome to Torrance CA real estate.  Torrance is the largest of the South Bay cities and the housing market it just as diverse as it is large.Homes range from spectacular ocean front homes in the Hollywood Riviera, to the historic craftsman homes in Old Torrance, to very affordable townhomes and condos in the Harbor Strip area with an abundance of housing options in between.  View information on any of the neighborhoods below or view our interactive Torrance  neighborhood map. Neighborhood Map West Torrance Southwood South Torrance Hollywood Riviera Central - Plaza Del Amo Old Torrance North Torrance Walteria South East Torrance Harbor Gateway Redondo Beach The Neighborhoods of Torrance CAClick on any "area" below to see information and the current homes for sale in that neighborhood or...
Comments 0
By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance & South Bay 55+ Condo CommunitiesSouth Bay is home of many beautiful 55+ senior communities.  Our South Bay 55+ communities are located in Torrance 55+ Condos, Redondo Beach, Rancho Palos Verdes and Rolling Hills Estates.  Call (310)918-5027 or krystynarealestate@gmail.com for a Free Tour of available 55+ homes for sale and our South Bay senior 55+ communities. Breakwater Village 2750 Artesia Blvd, Redondo Beach, CA 90278 Built in 2007-2008, this gated 55+ condo community in North Redondo Beach, features great amenities, such as pool, barbecue, outdoor fireplace, park, community center, gym, movie room. View Breakwater Village Condos For Sale    Courtyard Villa Estates 3970 Sepulveda Blvd, Torrance, CA 90505Located in South Torrance, this senior community, built in 2007, featur...
Comments 1
By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
New Horizons 55+ Torrance Community UpdateNew Horizons Torrance is a resort style senior community, built in 1963-1964. The recreational facilities include a Clubhouse with lounge, billiard room, ballroom with large kitchen, the 9-hole golf course. The Sports facility includes a gym, sauna, jacuzzi, second pool, tennis court, wood shops. South Bay real estate inventory is still low.  This also applies to 55+ condos for sale at our senior communities. However, new listings come on the market daily so please click on the link below to see what is available as of today:Search New Horizons Homes For SaleNew Horizons currently has 7 condos listed for sale.  Prices range from $442,000 to $625,000, depeding on unit size, upgrades, location.  Condos with golf course views would be one example w...
Comments 1
By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Here is a sneak peak at my new Torrance townhome listing being offered at $540,000 and located in the Camino Woods complex at 3472 West 170th Street, Torrance. It has just gone on the Multiple Listing Service and is a 3 bedroom, 2.5 bath, 1,546 square foot bright and sunny townhome.        Enjoy entertaining in the large living room that flows into the dining area and overlooks your fenced private patio. The sunny kitchen with a breakfast bar opens to the family room. Upstairs you will find a large master suite with a walk in closet and another full size closet. It also has a balcony that overlooks the garden. Two other bedrooms share a hall bath with a tub/shower. Downstairs you will find a bonus room (nearly 250 square feet) which is extra square footage that is not included in the 1...
Comments 2
By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
Just like all cities and towns, the coronavirus uncertainty has impacted the real estate market in Torrance California.  We didn't see too much of a change in March, but we definitely started to see a real slow down in April.    Although Torrance and the South Bay is more insulated from dramatic shifts than some other areas, there's no doubt it's playing a large role in the current market. April saw the fewest number of pending home sales in over 7  years with only 45 homes going into escrow.  Compare that with 110 pending sales a year earlier and it's pretty clear we're entering a much slower market.View the current homes for sale in Torrance The chart below shows the number of active listings (light green) sold homes (dark green) and pending home sales (red line)  The greater the disc...
Comments 1
By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
Welcome to Old Torrance....with tree lined streets and historic homes this is like stepping back in time. Why Do People Live here?Old Town Torrance has a look and feel unlike anything else in the South Bay and Beach Cities.  It's like stepping back in time with charming tree lined streets and an abundance of historic craftsman homes.  The area has a real neighborhod feel with homes offering great curb appeal, front yards, porches and homes that are clearly loved and well cared for.  The revitalized downtown shopping and dining  area is very charming with a hip but old school feel.  It really feels like "Main Street USA".  Looking for a home in Old Town Torrance?Interested in finding homes for sale in Old Town area of Torrance CA? Click that link to find all the currently available home...
Comments 0
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Sleepy Hollow Christmas Lights Extravaganza, Torrance, CA with a bit more detail...As promised in my Teaser Post,( Sleepy Hollow Extravaganza Joy )that I would write a more detailed post with more pictures. Now, with that said,  let me introduce you to this great neighborhood in Torrance, CA. The community has been listed in the top ten best Christmas Light attractions in the greater Los Angeles area. People from all over Southern California come to see it.This viewing has been on my bucket list to visit for the past 15 plus years. I have watched it on TV that the community  which was officially named “ Rancho Seaside” in the 1990’s has been decorating their homes to the level, that people from all over Southern California wanted to see these elaborate decorations.Unlike Candy Cane Ln i...
Comments 14
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Here we are the night before Christmas, Diane and one of our neighbors decided to drive to Torrance and check out the:Sleepy Hollow Christmas Lights Extravaganza off the Pacific Coast Highway in Torrance,CA!  I will blog about it in more detail tomorrow so consider this photo as a Teaser and please come back tomorrow!If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly!If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or lux...
Comments 49
By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance CA senior 55+ condo availability is still low.  Torrance is where most of our South Bay 55+ communities are located.  We also have senior 55+ communities in Redondo Beach as well as Palos Verdes. Click below to view all available condos:SEARCH ALL TORRANCE AND SOUTH BAY 55+ CONDOS FOR SALEAs of today, only 11 55+ condos are listed for sale.  Listing prices range from 2 bd unit at Sunset Gardens to brand new townhome at Sol Y Mar in Rancho Palos Verdes listed at $925,000.  Breakwater Village in Redondo Beach has one availability and New Horizons has two units available.  For current availbility and Free list of 55+ condos, please call Krystyna at (310)918-5027 or visit me online.
Comments 0
By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance and South Bay 55+ Condo Market Torrance CA 55+ condo availability has been tight, similar to the overall real estate market. On an evarage day, only a few 55+ condos are listed for sale at South Bay 55+ communities. Senior condo market is seller's market with demand exceeding availability, further pushing prices up. Among available South Bay senior communities, Torrance has most units listed for sale, since most of those communities are located there. As of today, 17 x 55+ homes are listed for sale. Prices start at $305,000 for a small 1 bd unit at The Gables. Sol Y Mar, the high end 55+ community, still under construction, in Rancho Palos Verdes is offering townhomes starting at $900,000s. New Horizons currently has 3 units listed for sale, prices range from $492,000 - $515,00...
Comments 0
By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
RE/MAX Estate Properties South Bay Market Report is out for the first quarter of 2018. The Market Data Report shows the number of single family residents properties that have sold and what the average price ranges are. Some of the information that will be covered is the number of units sold, average square foot range, price range, average price comparisons (2017-2018) and average price per square foot.South Bay real estate sales for the first quarter of 2018 are listed in the report below. The report shows the total closed sales for El Segundo at 27, Gardena – 91, Hermosa Beach – 40, Lawndale – 37, Lomita – 40, Manhattan Beach – 78, North Redondo Beach – 96, South Redondo Beach – 61 and Torrance shows 177 closed sales.To read more about the comparisons between January to March 2018, or ...
Comments 0
By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
The Torrance Market Data Report for the 1st quarter of 2018 shows a total of 55 homes closed escrow, compared to 55 homes that sold in the first three months of 2017. The average price for Torrance homes sold in these three months was $984,362 compared to $899,360 in 2017, which is an increase of 9.5%. The average price per square foot during these three months was $583 compared to $575 in 2017, which is a 1.3% increase. The area that sold the most homes during this time was Hollywood Riviera with a total number of 12. Coming in second was West Torrance with 7 closed sales, and North Torrance East had 6 sales.Currently, Torrance has 110 homes for sale. There are 82 single family homes for sale starting at $425,000 for a 1 bedroom/1 bath, 630 square foot home, to $2,698,000 for a 5 bedro...
Comments 1