Whether it’s a graduation from elementary school, middle school, high school or college, we wanted to congratulate the graduates of 2020!
Torrance Real Estate Update – May 2020 Home Sales and House Prices
The real estate market numbers are in for May and they paint a very interesting picture. The number of home sales during the month was 
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. The pending home sales in Torrance jumped from 45 to 100 between April in May indicating a quick return to the normal hot market in Torrance.
The median list price was $789,900 while the median sold price was $810,000 meaning that most homes sold well higher than the list or asking price. Average price per foot of the homes that sold was $527.
View the current Torrance homes for sale
May 2020 Home Sales and House Prices for Torrance
|
MLS#
|
Type
|
Address |
Price
|
$ Per Foot
|
Bed/Bath
|
Sq Feet
|
Year
|
Sold Date
|
|
|
PW20061930
|
TWNHS/A
|
1520 W | 227th ST #6 |
$497,500
|
$371.27
|
3/2,0,1,0
|
1340/A
|
2007/PUB
|
5/1/2020
|
|
SB20042729
|
SFR/D
|
1565 W | 220th ST |
$685,000
|
$526.92
|
3/2,0,0,0
|
1300/P
|
1944/PUB
|
5/12/2020
|
|
CV20030647
|
SFR/D
|
1410 | Torrance BLVD |
$690,000
|
$403.51
|
3/2,0,0,0
|
1710/A
|
1956/ASR
|
5/4/2020
|
|
SW20013553
|
SFR/D
|
21315 S | Normandie AVE |
$906,990
|
$476.36
|
4/3,0,0,0
|
1904/B
|
2019/BLD
|
5/18/2020
|
|
SB20052637
|
CONDO/A
|
838 | Coriander DR #D |
$290,000
|
$453.83
|
1/1,0,0,0
|
639/P
|
1973/PUB
|
5/29/2020
|
|
SB19277187
|
CONDO/A
|
23312 | Marigold AVE #T204 |
$410,000
|
$384.62
|
3/2,0,0,0
|
1066/A
|
1973/ASR
|
5/1/2020
|
|
SB20050583
|
SFR/D
|
20811 | Doble AVE |
$630,000
|
$484.62
|
3/2,0,0,0
|
1300/A
|
1960/ASR
|
5/1/2020
|
|
SB20072389
|
SFR/D
|
21312 | Payne Ave |
$635,000
|
$490.35
|
3/2,0,0,0
|
1295/A
|
1960/ASR
|
5/27/2020
|
|
20561844
|
TWNHS
|
3090 | Newton ST |
$810,000
|
$437.37
|
2/2,0,1,0
|
1852/
|
2003
|
5/15/2020
|
|
PV20039796
|
TWNHS/A
|
3922 W | 242nd ST |
$861,000
|
$570.58
|
3/2,0,0,1
|
1509/B
|
2020/BLD
|
5/22/2020
|
|
PV20016706
|
TWNHS/A
|
3918 W | 242nd ST |
$935,000
|
$598.21
|
3/3,0,0,0
|
1563/B
|
2020/SLR
|
5/7/2020
|
|
SB19234953
|
TWNHS/A
|
3534 | Emerald ST |
$475,000
|
$599.75
|
2/1,0,0,0
|
792/A
|
1985/ASR
|
5/15/2020
|
|
SB20047379
|
COOP/A
|
3115 | Merrill DR #44 |
$485,000
|
$309.51
|
3/1,1,0,0
|
1567/E
|
1963/PUB
|
5/13/2020
|
|
SB20023026
|
CONDO/A
|
1745 | Maple AVE #45 |
$576,000
|
$338.82
|
3/2,0,0,0
|
1700/T
|
1963/ASR
|
5/5/2020
|
|
SB20056313
|
TWNHS/A
|
2595 | Plaza Del Amo #420 |
$743,000
|
$519.94
|
2/2,0,1,0
|
1429/A
|
1987/ASR
|
5/4/2020
|
|
SB20033195
|
TWNHS/A
|
3468 | Del Amo BLVD |
$757,300
|
$453.47
|
4/2,0,1,0
|
1670/A
|
1974/ASR
|
5/6/2020
|
|
SB20057470
|
SFR/D
|
1316 | Cordary AVE |
$854,000
|
$540.51
|
3/1,1,0,0
|
1580/A
|
1951/PUB
|
5/29/2020
|
|
SB20018489
|
SFR/D
|
4902 | Pacific Coast |
$989,000
|
$658.89
|
3/0,2,0,0
|
1501/A
|
1953/ASR
|
5/6/2020
|
|
SB20067312
|
SFR/D
|
4817 | Zakon RD |
$900,000
|
$777.20
|
3/1,0,1,0
|
1158/A
|
1956/ASR
|
5/12/2020
|
|
SB20028943
|
SFR/D
|
5133 | Macafee RD |
$928,000
|
$705.70
|
3/1,1,0,0
|
1315/S
|
1949/ASR
|
5/20/2020
|
|
SB19274713
|
SFR/D
|
24005 | Los Codona AVE |
$935,000
|
$377.02
|
4/3,0,1,0
|
2480/A
|
2001/ASR
|
5/1/2020
|
|
SB20053113
|
SFR/D
|
23003 | Evalyn AVE |
$945,000
|
$624.59
|
3/2,0,0,0
|
1513/A
|
1954/ASR
|
5/6/2020
|
|
OC20068314
|
SFR/D
|
4146 W | 229th ST |
$950,000
|
$564.13
|
4/3,0,0,0
|
1684/E
|
1968/ASR
|
5/29/2020
|
|
PV20055168
|
SFR/D
|
4418 W | 233rd ST |
$1,140,000
|
$583.42
|
4/2,0,0,0
|
1954/A
|
1960/ASR
|
5/1/2020
|
|
SB20076678
|
SFR/D
|
23202 | Ladeene AVE |
$1,150,000
|
$608.47
|
4/2,0,0,0
|
1890/A
|
1960/ASR
|
5/27/2020
|
|
SB20078065
|
CONDO/A
|
5500 | Torrance BLVD #C231 |
$647,500
|
$506.25
|
3/2,0,0,0
|
1279/A
|
1990/ASR
|
5/29/2020
|
|
SB20068601
|
SFR/D
|
4302 | Lenore ST |
$850,000
|
$673.00
|
4/2,0,0,0
|
1263/A
|
1956/ASR
|
5/29/2020
|
|
IV20053830
|
SFR/D
|
21301 | Marjorie AVE |
$900,500
|
$496.96
|
3/1,2,0,0
|
1812/P
|
1956/PUB
|
5/13/2020
|
|
SB20058366
|
SFR/D
|
21601 | Redbeam AVE |
$915,000
|
$624.15
|
4/2,0,0,0
|
1466/A
|
1955/PUB
|
5/1/2020
|
|
SB20064702
|
SFR/D
|
4636 | Bulova ST |
$815,000
|
$732.91
|
3/1,0,0,0
|
1112/A
|
1954/ASR
|
5/5/2020
|
|
SB20057420
|
SFR/D
|
19517 | Beckworth AVE |
$830,000
|
$750.45
|
3/1,0,0,0
|
1106/A
|
1955/ASR
|
5/13/2020
|
|
SB20048503
|
TWNHS/D
|
4126 | Spencer ST |
$878,000
|
$485.62
|
3/2,0,1,0
|
1808/A
|
2004/ASR
|
5/18/2020
|
|
SB20089850
|
SFR/D
|
5129 | Towers ST |
$889,000
|
$694.53
|
3/1,0,0,0
|
1280/A
|
1954/ASR
|
5/29/2020
|
|
SB20056899
|
SFR/D
|
5618 | Sara DR |
$1,331,000
|
$577.44
|
4/2,1,1,0
|
2305/A
|
1959/ASR
|
5/12/2020
|
|
DW20075598
|
SFR/D
|
3424 W | 182nd ST |
$544,000
|
$451.45
|
3/2,0,0,0
|
1205/A
|
1956/ASR
|
5/29/2020
|
|
SB20066595
|
SFR/D
|
17002 | Glenburn AVE |
$700,000
|
$650.56
|
3/1,0,0,0
|
1076/A
|
1948/PUB
|
5/20/2020
|
|
SB20063842
|
SFR/D
|
4038 W | 176th ST |
$767,600
|
$510.71
|
3/0,2,0,0
|
1503/A
|
1952/ASR
|
5/8/2020
|
|
SB20073281
|
SFR/D
|
4315 W | 176th ST |
$830,000
|
$484.25
|
3/2,0,1,0
|
1714/A
|
1952/ASR
|
5/21/2020
|
|
MB20075692
|
SFR/D
|
21319 | Berendo AVE |
$530,000
|
$409.27
|
3/2,0,0,0
|
1295/A
|
1959/ASR
|
5/15/2020
|
|
SB20061751
|
SFR/D
|
16107 | Van Ness AVE |
$665,000
|
$449.93
|
4/1,1,0,0
|
1478/A
|
1956/ASR
|
5/14/2020
|
|
PW20068122
|
SFR/D
|
1948 W | 187th PL |
$693,000
|
$550.00
|
3/1,1,0,0
|
1260/A
|
1958/ASR
|
5/19/2020
|
|
SB20037460
|
SFR/D
|
17315 | Atkinson AVE |
$717,000
|
$616.51
|
3/2,0,0,0
|
1163/A
|
1947/ASR
|
5/7/2020
|
|
SB20063236
|
SFR/D
|
18312 | Wilton PL |
$875,000
|
$538.79
|
3/2,0,0,0
|
1624/A
|
1962/ASR
|
5/22/2020
|
|
SB20048696
|
SFR/D
|
2139 | Del Amo BLVD |
$775,000
|
$394.20
|
5/3,0,0,0
|
1966/A
|
1996/ASR
|
5/19/2020
|
|
SB20072657
|
CONDO/A
|
22734 | Cypress ST |
$615,000
|
$447.60
|
3/3,0,0,0
|
1374/A
|
1974/ASR
|
5/29/2020
|
|
SB20074635
|
SFR/D
|
1719 W | 239th ST |
$747,000
|
$576.39
|
3/2,0,0,0
|
1296/A
|
1956/ASR
|
5/27/2020
|
|
SR20074960
|
SFR/D
|
23811 | Huber AVE |
$780,000
|
$601.85
|
3/2,0,0,0
|
1296/A
|
1956/ASR
|
5/27/2020
|
|
PV20077152
|
SFR/D
|
2359 W | 230th ST |
$879,000
|
$407.13
|
4/2,0,0,0
|
2159/T
|
1971/ASR
|
5/28/2020
|
|
PW20042087
|
SFR/D
|
2217 W | 234th ST |
$1,155,000
|
$340.71
|
4/3,0,0,0
|
3390/A
|
1991/ASR
|
5/8/2020
|
Is the Torrance Real Estate Market Bouncing Back?
Torrance real estate is always pretty solid as there’s just so much demand for homes in the area. As the most diverse city in the area with the biggest variety of homes and price range, it also is a bit insulated from factors that might impact one specific type home or price point. Having said that the number of homes that have sold in May and April were dramatically down from the previous year. May saw a 60% drop in the number of homes that sold from a year earlier. May also had a very positive trend however with the number of pending home sales (homes in escrow) going from 45 in April to 100 in May which should indicate a big rebound in June and July closed sales.
View the current houses for sale in Torrance.
Compare that with Redondo Beach home sales and pending escrows for another idea of how quickly that’s rebounding. Redondo Beach saw 40 pending sales in April but only jumped to 55 in May. While Redondo Beach real estate is somewhat of a different animal, it does help show how strong the Torrance real estate market appears to be.
Featured Home – 1746 Andreo
We thought that this was a really clean and bright home and definitely worth a look. Listed at $690,000 this is a 3 bedroom, 3 bath detached townhome with almost 1,700 square feet.
Contact Torrance real estate specialist for more information or to set up a private showing.
1746 Andreao Avenue – Old Torrance
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
*Square footage approximate based on information from the CRMLS and is not guaranteed.
Torrance Real Estate Recap – April 2020 Home Sales
Unlike most other South Bay cities, Torrance didn’t see nearly as significant a drop in the number of home sales in April. Some neighboring towns saw a 60% drop in home sales compared with the year earlier. Torrance seemed to be the exception with 81 homes sold in April compared with 99 a year earlier. That’s still a significant drop but, as mentioned, much better than others. The average days on market was only 24 before going into escrow and median sales price for the month was $792,000.
View all of the current homes for sale in Torrance CA
Homes We Like – 1716 Watson Avenue in Old Torrance
The home at 1716 Watson isn’t anything spectacular but we like it as it still retains some of it’s original charm but is somewhat of a blank slate for the future owners. This is a 3 bedroom 1 bath house with almost 1,400 square feet and is priced at $779,000. One potential drawback is the location…as it’s across the street from Torrance High School.
Contact Torrance real estate specialist for more information or to set up a private showing.
1716 Watson Avenue – Old Torrance
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
*Square footage approximate based on information from the CRMLS and is not guaranteed.
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