Torrance, CA Real Estate News

By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Below is my latest torrance real estate market report .  The average Torrance home sales price was $487,376, which is significantly lower than a year ago.  Average price dropped by 15.7 percent.  This reverses the upward average price trend in Torrance that we reported this year.  It will be interesting to see next month's stats and to see if the improvment in Torrance real estate continues despite the lower averages in May. Torrance SoldListings AverageSales Price AverageDOM May 2011 61  $487,376 68 May 2010 90  $577,978 52 Please note, these stats are based on data from our local MLS and are for Torrance only.  I did not include Torrance PO data. Please contact us if you'd like a market report for your area or your property.  This report is Free and can be delivered directly to your e...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
As of today, May 30, 2011, there are 17 homes listed for sale in the Walteria part of South Torrance. The average price is $690,523; lowest listed home is priced at $459,000 and highest at $950,000. Most of those homes are single family homes, which is consistent with the type of the community Walteria is - mostly single family homes with limited number of townhomes or condos.  Currently there are no condos listed for sale but you have a choice of two townhomes. There are three Walteria homes in foreclosure.  Here is the list of all homes for  sale in Walteria:   The inventory of homes in Walteria is low but there are still many choices and, I'm sure, there is a home waiting for you in this prestigeous South Torrance community. Please call Krystyna Baty, local real estate expert, at 310...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Last month Torrance real estate data shows an increase in both the home sales volume on a month-to-month basis. Torrance CA average home sales price increased in March from February, when it was $534,019, to the average price of $558,150 in March. Below is the report for last month Torrance real estate market when compared with the data a year ago: Torrance SoldListings AverageSales Price AverageDOM March 2011 76 $558,150 75 March 2010 84 $598,301 45 *All stats are compiled from the California Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. The average Torrance CA home sales price was lower in March '11 by 6.7 percent when compared to sales a year ago. The sales volume also dropped in that period. Please contact me if you'd like more details or if y...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Beautiful Senior Condo Community - New Horizons of South Bay in Torrance Search All New Horizons Homes For SaleLocation: 22647 Nadine Cir Unit B, Torrance, California 90505 Type: Single Family Bedrooms: 2 Bathrooms: 2.00 Square Feet: 1117.0 Price: $330,000 Description: New Horizons is a resort retirement community for active adults 55+. This two bedroom, 2 full bath upper unit has east/west exposure with beautiful sunsets that you can enjoy from your front patio. Dishwasher, washer and dryer are new. Laundry area inside the condo. Three patios - one outside the large master bedroom which has a dressing area and ample closet space. (Many more great features - a must see to appreciate!) Amenities include a private 9-hole golf course, putting green, tennis courts, billiard room, sports cen...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Whether you're a buyer looking for your first home or a savvy investor investing in South Bay area real estate, this site has all resources and tools to help you find the property that meets your search criteria. If you're a homeowner thinking about selling your Redondo Beach, Torrance, South Bay home, start here by getting a Free home evaluation!
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By champagne Mora
(Keller Williams Realty )
Homes for sale in Southern California are easy to find. But the best buys are not necessarly easy to find. You can to different websites, some have real time info and some have old dated info. The other money rench is which on works the best? How do you know your getting factual information? What's in it for them to give you that info? Really you need to ask these questions. Bottom line, which tool will show you how to search for homes for sale? I have had several clients that have used the following REDFIN, Trulia, Zillow, Realtor.com. But none of these did the one thing a realtor does...... BRINGS YOU THE BEST BUYS IN YOUR BUDGET! A realtor has to do that or guess what, there is nothing in it for them. After all they don't get paid! That is the TRUTH! What does that do, well you save ...
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By champagne Mora
(Keller Williams Realty )
The Truth about Torrance homes for sale. What are the three rules of real estate... LOCATION, LOCATION, LOCATION!!! Torrance homes for sale are one of the mosted sought out homes in the South Bay, because of the schools. Therefore resale return is greater.   A few things to note when buying Torrance homes. Schools, elementry, middle and High. There are four High schools South High, West High, North High and Torrance High. If your looking for your child to go to South High or West High those neighorhoods tend to be a bit higher. The item to take under consideration is how close you are to shopping. If you are a Costco Shopper the only Costco in Torrance is location on the South Side of Torrance. You may decide that closer to freeways is more important, so you may want to say on the North...
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By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
March 23rd, 2011 Inventory of bank owned homes, or REOs, has come down signficantly since February. As of February 7th there were 33 bank owned homes, condos and townhomes on the market in Torrance and as of today that number has gone down to 17 active listings.  Both traditional home buyers and investors looking for opportunities in the area are taking advantage of the current pricing environment.  To view a list of the current homes for sale visit our Torrance real estate information site and to view all area short sales and foreclosures visit South Bay foreclosures.  Of the current bank owned homes 10 are single family homes, 7 are condos and 1 is a townhome.     MLS Style   Address Price Beds/Baths Year Built Square Foot Lot Size Type of Sale S11035679 SFR/D 931 Arlington AV $299,9...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Average February 2011 home sales price in Torrance CA was 1.3% lower when compared to the same period a year ago. Total of 52 homes sold in Torrance last month - that's a 6.1 increase over Feb '10. The highest priced home sold for $1,020,000, the lowest sold for $129,000. Average DOM (days on market) was 98 days in Torrance CA vs. 61 days a year ago: Torrance SoldListings AverageSales Price AverageDOM February 2011 52 $534,019 98 February 2010 49 $541,109 61 *All stats are compiled from the California Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. If you'd like a Free Home Evaluation of your home, please call or email me. I'll be happy to provide you with a Free report.
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
I just closed escrow on a short sale purchase for a client on a lovely townhome in Torrance at 2563 Plaza Del Amo # 202, Torrance . This deal took 12 weeks from contract acceptance by the seller to closing, which is very quick for a short sale.  My congratulations and thanks to the listing agent, Tony Martinez of Shorewood Realtors in Redondo Beach. He and his team did a great job of getting this deal closed !!! close to BBQ and Jacuzzi Hot Tub Club house with Pool The purchase price was $385,000. This is a large unit on a corner location. It has two bedrooms and two baths with 1,303 sq. ft. The master bedroom is large with its own large master bath and separate closets. Fireplace in living room adds to open appeal of this floor plan. The Unit also has a separate laundry area. Luxurious...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
     THE VILLAGE ON OAK IN TORRANCE CAThe Village on Oak gated community is located just steps from Wilson Park famous for its modern sports complex and Farmers Market.This beautiful townhome community in Torrance CA - The Village on Oak was developed in three phases: Acacia, Bayberry and Laurel.  First homes were built in 2007.  Currently the last phase of this new home development - LAUREL - is selling. This community is extremely popular and those brand new units are selling fast! Laurel consists of 33 brand new stylish 2 and 3 bedroom townhomes;  prices range from the high $500,000.Please call Krystyna Baty Ryan at (310)918-5027 or krystynarealestate@gmail.com for showing and the availability of homes for sale. 
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
 The Torrance average sales price dropped in January 2011 by 4 percent compared to the same period 12 months ago.  Average home price sold for $529,064.  Number of sales increased from 42 sales in January  2010 to 60 home sales in Jan '11.  So the sales volume was higher than a year ago but still low.  Average DOM (days on the market) was 77 compared with 50 days a year ago. Torrance CA SoldListings AverageSales Price AverageDOM January 2011 60  $529,064 77  January 2010 42  $551,119 50 *All stats are compiled from the California Regional  Multiple Listing Service. Information is deemed reliable but not guaranteed.   Below is the chart showing Torrance CA median home prices over last 12 months. If you thinking about selling and wondering what your home is worth in today's market, please...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
  Below are stats for 2010 vs. 2009 real estate market in Torrance, CA.  Those numbers (number of home sales broken by property type, type of sale) are indicative of other South Bay local real estate markets too - Redondo Beach and other beach cities.  These numbers, which are based on our local MLS, show year 2010 very much resembling previous year.  Both, average home sale price and the number of home sales were very similar in 2010 and 2009.  South Bay real estate market has stabilized and some market sectors, for example foreclosure prices, have shown an upward trend. All Residential Properties   Sales Avg Price Year 2010 914 $588,407 Year 2009 911 $590,305     Single Family Homes   Sales Avg Price Year 2010 642 $651,599 Year 2009 634 $648,221   Condominiums & Townhomes   Sales Avg...
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By Ed Kaminsky, Ed Kaminsky
(Kaminsky Real Estate Group/Shorewood Realtors)
Torrance, CA Market outlook for week of January 24, 2011 . . . Inventory levels have been relatively consistent relative to sales.Despite the fact that there is a relatively high amount of availableinventory, this Buyer's market is still seeing prices move higher.Given inventory levels, these price conditions are relatively fragile.If the market cools off further, the price trend is likely to reverse.     Sign up for regular reports just like this one to be sent to your inbox: FREE REAL TIME MARKET REPORTS
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
The Torrance average sales price dropped in December 2010 by 3.2 percent compared to same period a year ago.  The Dec '10 average home price in Torrance was $560,091.  Sales improved for Torrance real estate in December. Number of sales went up from 83 sales in the same period in 2009 to 90 sales in Dec '10. Torrance SoldListings AverageSales Price AverageDOM December  2010 90  $560,091 83  December  2009 83  $578,560 58 *All stats are compiled from the California Regional  Multiple Listing Service. Information is deemed reliable but not guaranteed. For more Torrance and South Bay market report please visit www.TorranceRealEstateOnline.com Please contact me at 310.918.5027 for a custom market report for your home or neighborhood.
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Senior Condo at New Horizons The web address for this property is:http://isellsouthbay.com/listnow/property/613ca13d-ea84-4851-bffd-d84a8bef59ed.html Location: 23003 Nadine Cir, Torrance, California 90505Type: Single FamilyBedrooms: 3Bathrooms: 2.00Square Feet: 1117.0Price: $339,000Description: Ready for move in senior condo - new kitchen appliances new paint new carpet new granite counter in kitchen and bath. This model is the 2 bedroom with option of 3 bedrooms the doors and wall for the 3rd bedroom are in the attic. Resort style 55+ community offers golf course, tennis courts, swimming pools, recreation center and much more! Contact Information: Krystyna BatyAddress: 23705 Crenshaw Blvd. Ste 100, Torrance, CA 90505Phone: (310) 918-5027Visit SOUTH BAY SENIOR COMMUNITIES CENTER for mor...
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By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
We've recently revamped our Torrance real estate website due to the volume of home buyers and have now added home search functionality so that home buyers can search by price, type, or specific neighborhoods.  We hope that these added features help you find your dream home and make the search process simpler.     Search Current Homes For Sale By Type Search Current Homes for Sale by Neighborhood Search Current Homes For Sale by Price Torrance is considered to be a great place to live in South Bay, reflected in the ever-increasing property values and its proximity to the beach communities of Redondo Beach, Hermosa Beach, Manhattan Beach and the upscale coastal communities of the Palos Verdes Peninsula. Because of the many respected medical facilities and hospitals in the area, many physi...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
The average Torrance real estate selling price dropped in November 2010 by 7 percent compared to same period a year ago. Average home sale price was $568,757.  The number of sold homes in Torrance last month was substantially lower when compared to the same period 12 months ago. Torrance SoldListings AverageSales Price AverageDOM November 2010 53  $568,757 86  November 2009 92  $611,513 68 *All stats are compiled from the California Regional  Multiple Listing Service. Information is deemed reliable but not guaranteed If you're considering selling your Torrance home and would like to know its current market value, please contact your Torrance real estate agent Krystyna Baty at (310)918-5027 or via e-mail info@isellsouthbay.com today!  
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Move In Ready Home in Walteria The web address for this property is:http://isellsouthbay.com/listnow/property/e23ed93a-9e26-41d9-a03e-4ab6dd4b1410.html Location: 2710 Normallin St, Torrance, California 90505Type: Single FamilyBedrooms: 3Bathrooms: 2.00Square Feet: 1600.0Price: $649,001Description: Renovation is done. Property is back on the market as of 11-16-2010 with new look. Seller is motivated. Interior changes with designer inputs brings much more elegance to great floorplan. Master bedroom with new flooring, closet, paint. Both bedrooms with new paint, flooring. New fireplace tiles, mirror, and appearance. Plumbings have been updated for bathrooms and kitchen. Open livingroom and dining area with wooden floor and paint. Terrific south torrance location. Wonderful and open floor p...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
This cute house is a rare opportunity to own a home in best part of Torrance - South High School area.  If you're thinking about moving into a great, well established neighborhood - this is your chance!  3 bedrooms, 2 bathrooms, fireplace and nice, private backyard, attached 2 car garage.  It's located on the nice, quiet street, close to award winning Torrance schools, restaurants and shopping. More photos and information here Call me Krystyna Baty at (310)918-5027 for showing/more info on this house or ANY house for sale you're interested in - I have access to ALL of them! SEARCH ALL SOUTH TORRANCE HOMES FOR SALE - FREE TORRANCE MLS SEARCH
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