Old Torrance Real Estate and Homes for Sale
Old Torrance CA Real Estate and Homes for Sale
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.
View all of the current homes for sale in Old Torrance
June was back to being a busy month for real estate in Old Torrance and the Plaza Del Amo areas. April and May were very slow due to the concerns and uncertainty of the corona virus situation, but June was back to full swing.
View the current homes for sale in Old Town Torrance
| MLS # | Type | Addres | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | |
| SB20066435 | COOP/A | 3210 | Merrill DR #18 | $375,000 | $435.54 | 1/1,0,0,0 | 861/P | 1963/ASR |
| SB20086294 | CONDO/A | 2605 | Sepulveda BLVD #309 | $450,000 | $371.29 | 2/1,1,0,0 | 1212/A | 2003/ASR |
| OC20083622 | CONDO/A | 2367 | Jefferson ST #320 | $485,000 | $563.95 | 1/1,0,0,0 | 860/A | 2007/ASR |
| SB20082785 | CONDO/A | 1745 | Maple AVE #47 | $575,000 | $522.73 | 2/2,0,0,0 | 1100/A | 1963/ASR |
| SB20060529 | CONDO/A | 3520 | Maricopa ST #10 | $610,000 | $456.59 | 2/2,0,1,0 | 1336/A | 1975/ASR |
| SB20081329 | TWNHS/A | 2971 | Plaza Del Amo #233 | $633,000 | $534.63 | 2/3,0,0,0 | 1184/A | 1985/ASR |
| OC20086944 | CONDO/A | 2800 | Plaza Del Amo #1 | $665,000 | $522.39 | 2/2,0,1,0 | 1273/A | 1989/ASR |
| SW20073641 | CONDO/A | 2551 | Plaza Del Amo #A | $675,000 | $416.67 | 2/3,0,0,0 | 1620/A | 1984/ASR |
| PV20026907 | SFR/D | 1122 | Maple AVE | $745,000 | $679.12 | 3/1,0,0,0 | 1097/A | 1951/ASR |
| SB20093308 | SFR/D | 1211 | Kornblum AVE | $800,000 | $655.74 | 2/1,1,0,0 | 1220/A | 1951/ASR |
| PV20084322 | SFR/D | 20544 | Avis AVE | $990,000 | $535.14 | 3/2,0,0,0 | 1850/A | 1958/ASR |
| SB20063736 | SFR/D | 2527 | Woodbury | $995,000 | $392.35 | 4/2,0,1,0 | 2536/A | 1991/ASR |
| Old Torrance | ||||||||
| MLS # | Type | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | |
| SB20089913 | CONDO/A | 1281 | Cabrillo AVE #204 | $532,000 | $631.08 | 2/2,0,0,0 | 843/A | 1993/ASR |
| SB20077834 | TWNHS/A | 1323 | Post AVE #E | $600,000 | $631.58 | 2/1,0,1,0 | 950/A | 2005/ASR |
| SB20097444 | CONDO/A | 1281 | Cabrillo AVE #403 | $611,000 | $724.79 | 2/2,0,0,0 | 843/A | 1993/ASR |
| SB20083210 | TWNHS/A | 911 | Cota AVE #2 | $620,000 | $534.94 | 2/1,1,1,0 | 1159/A | 1984/ASR |
| SB20090186 | TWNHS/D | 1746 | Andreo AVE | $665,000 | $396.31 | 3/2,0,1,0 | 1678/A | 1990/ASR |
| PV20060214 | TWNHS/A | 1918 | Cabrillo AVE #C | $675,000 | $523.26 | 2/2,0,1,0 | 1290/A | 2007/PUB |
| SB20085491 | SFR/D | 2810 | Alberta ST | $750,000 | $582.75 | 3/2,0,0,0 | 1287/E | 1950/PUB |
| SB20097168 | SFR/D | 819 | Cota AVE | $775,000 | $891.83 | 2/2,0,0,0 | 869/A | 1923/ASR |
| SB20057304 | SFR/D | 1908 | Gramercy AVE | $871,000 | $520.31 | 3/2,0,0,0 | 1674/A | 1948/ASR |
| PV20102669 | SFR/D | 1015 | Beech AVE | $872,000 | $469.83 | 3/3,0,0,0 | 1856/A | 1946/APP |
In general the Torrance real estate market has been very solid thus far for 2020 and doesn’t seem to show any signs of slowing down.
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.
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.
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
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.
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.
Just like all cities and towns, the coronavirus uncertainty has impacted real estate in Torrance CA as well. We’re probably far more insulated
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. The real estate market in Old Torrance was equally impacted with only 1 home entering escrow during April compared with 4 the previous April and 5 just a month earlier.
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 discrepancy between active homes and sold homes indicates a buyers market and when the numbers are closer a sellers market is indicated as inventory is down.
The chart below shows the average price per square foot. Square footage in the South Bay often doesn’t mean as much as in other markets as values can vary so dramatically due to things such as proximity to the beach, views, specific neighborhoods.
The chart below shows the average days on market per month as well as the % of list price that homes sold at. A high % indicates a sellers market as home sell at, or above list price.
The chart below shows the average price for listed home sales in relation to the average price for sold homes.
The chart below indicates the months of home inventory based on closed home sales. Buyer’s market: more than 6 months of inventory Seller’s market: less than 3 months of inventory Neutral market: 3 – 6 months of inventory