Home sales have been very strong throughout Torrance and Old Torrance was no exception. Seems the demand continues to be there despite any concerns with the pandemic. Take a look below as the homes that sold in Old Torrance for the past few months.
View also the current homes for sale in historic Old Town Torrance
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.
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.