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.
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than some other areas but there’s no doubt it’s playing a large role in the current market. April saw the fewest number of pending home sales in the past few years with only 45 homes going into escrow. Compare that with 11 pending sales a year earlier and it’s pretty clear we’re entering a much slower market. 
2020, Torrance had 81 home sales for the which was well below the 99 sold homes from this time a year ago but still a solid number compared with the dropoff in some other cities. The median list price for the homes that sold was $789,000 with the median “sold” price of $779,000 indicating a strong seller’s market.