As we’ve noted on our real estate recap, June was a nice rebound month for home sales in Old Torrance. Anything would be a good month compared with May which only had one home close escrow the entire month. The one home sale was a single family home on Del Amo Blvd that was listed and sold for $775,000.
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way down with only 49 total on market closed escrows. Compare that with 123 home sales in May of 2019 and it’s hard to dispute that the concerns and uncertainties of the coronavirus hasn’t had a major impact. That being said the prices were very impressive indicating a very strong seller’s market. One very interesting number was pending home sales.