Old Torrance Real Estate and Homes for Sale

Old Torrance CA Real Estate and Homes for Sale

Torrance Real Estate – February 2022 By the Numbers

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Torrance Real Estate At a Glance – February 2022

Welcome to the real estate review for February 2022. The Torrance real estate market was certainly slower in February with only 71 homes selling during the month which was down quite a bit from the usual.  The median price of the homes that closed escrow was $916,000 and averaged only 14 days on the market before going into pending status.

View the Torrance homes that sold in February including addresses, prices, details and more

Search the current homes for sale in Torrance

Torrance Real Estate Market – January By the Numbers

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Welcome to the real estate report for Torrance for the first month of 2022.  Let’s take a quick look at the Torrance real estate market and how the year started off.  It was a very slow month in terms of homes that sold and closed escrow.  There were only 75 on market home, townhome and condo closing escrow during the month.  This was not unexpected as the number of homes that went pending in December was very low.  It was not an indication that the market is slowing at all and actually was due to the record low inventory of homes for sale towards the end of 2021.  The median sales price was $915,000 and homes averaged a very brief 20 days before going into pending status.  See how this compares with other months on our Torrance real estate market trends and statistics area.

Torrance real estate – January at a Glance

View the homes that sold in January

See the Homes that Sold in Torrance During January of 2022

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Welcome to the real estate recap to start off the year in the Torrance real estate market.

Not surprisingly, January was a pretty month for home sales and home prices in Torrance CA.  There were only 73 on market sold homes compared with 111 the previous month.

The average “list” price was $923,394 with the average sold price at $963,193 meaning that homes generally sold WAY over the asking price. The average price per foot for the month was $664. The average days on market was a very short 21 with the median days on market an amazing 9.  See how that compares with other months on our Torrance real estate trends and statistics page.

Search the current homes for sale in Torrance

Torrance Home Sales in January 2022

Type Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
CONDO/A 23218 Sesame ST #8F $427,000 $ 507 2/1,0,1,0 842/A 1973/ASR 1/4/2022
CONDO/A 1444 W 227th ST #9 $450,000 $ 379 3/2,0,1,0 1188/A 1982/PUB 1/27/2022
CONDO/A 23204 Sesame ST #C $450,000 $ 534 2/1,0,1,0 842/A 1973/ASR 1/19/2022
TWNHS/A 1660 220th ST #9 $565,000 $ 387 3/2,0,1,0 1460/A 1990/ASR 1/18/2022
TWNHS/A 1445 W 224th ST #2 $650,000 $ 374 3/2,0,1,0 1740/A 2007/PUB 1/13/2022
SFR/D 21156 Denker AVE $660,000 $ 564 4/2,0,0,0 1170/A 1952/ASR 1/19/2022
SFR/D 1540 W 216th ST $850,000 $ 648 3/2,0,0,0 1312/A 1942/ASR 1/13/2022
CONDO 838 Coriander DR #L $360,000 $ 563 1/1,0,0,0 639/A 1973/ASR 1/10/2022
CONDO/A 1121 Sepulveda BLVD #I202 $375,000 $ 607 1/1,0,0,0 618/A 1973/ASR 1/12/2022
CONDO/A 23316 Marigold AVE #R104 $485,000 $ 455 3/2,0,0,0 1066/A 1973/ASR 1/20/2022
TWNHS/A 23304 S Vermont AVE $620,000 $ 505 3/2,0,0,0 1228/A 1974/ASR 1/4/2022
SFR/D 20721 Raymond AVE $650,000 $ 963 2/1,0,0,0 675/A 1951/ASR 1/19/2022
TWNHS 23415 S Vermont AVE #B $675,000 $ 466 3/3,0,0,0 1447/ 1996 1/31/2022
SFR/D 1054 W 210th ST $680,000 $ 620 3/2,0,0,0 1096/A 1953/ASR 1/3/2022
SFR/D 1211 W 221st ST $779,000 $ 535 4/2,0,0,0 1455/A 1969/ASR 1/27/2022
SFR/A 1067 W 228th ST $845,000 $ 489 4/3,0,0,0 1727/A 2016/ASR 1/21/2022
SFR/D 1136 W 213Th ST $900,000 $ 598 3/2,0,0,0 1506/ 1959/ASR 1/7/2022
SFR/D 965 Oasis DR $915,000 $ 715 3/1,1,0,0 1280/A 1962/ASR 1/25/2022
SFR/D 1116 Fiat ST $935,000 $ 539 3/1,0,0,0 1735/A 1946/ASR 1/21/2022
SFR/D 2806 Pacific Coast $835,000 $ 942 3/1,0,0,0 886/P 1952/PUB 1/7/2022
TWNHS 3919 W 242Nd ST #A $980,000 $ 616 3/3,0,0,0 1592/A 2000/ASR 1/16/2022
TWNHS/A 3098 Newton ST $986,750 $ 556 2/2,0,1,0 1776/E 2003/EST 1/21/2022
SFR/D 2510 Ridgeland Road $1,050,000 $ 699 3/2,0,0,0 1502/A 1955/BLD 1/7/2022
SFR/D 26007 Crest RD $1,300,000 $ 612 4/2,0,0,0 2125/A 1955/ASR 1/5/2022
SFR/D 2400 Nearcliff Street $1,440,000 $ 1,037 3/2,0,0,0 1389/A 1956/ASR 1/20/2022
CONDO/A 2940 W Carson ST #204 $500,000 $ 614 2/1,0,0,0 814/A 1962/ASR 1/10/2022
CONDO/A 1745 Maple AVE #71 $530,000 $ 424 2/2,0,0,0 1250/A 1963/ASR 1/19/2022
CONDO/A 3230 Merrill DR #50 $624,900 $ 503 2/2,0,0,0 1243/A 1964/ASR 1/31/2022
TWNHS/A 2300 Maple AVE #216 $915,000 $ 532 3/2,0,1,0 1721/A 1988/ASR 1/27/2022
TWNHS/A 2825 Plaza Del Amo #108 $957,000 $ 463 3/2,0,1,0 2066/A 1992/ASR 1/13/2022
SFR/D 1116 Patronella AVE $1,090,000 $ 807 3/2,0,0,0 1351/A 1951/ASR 1/25/2022
SFR/D 2762 W Carson ST $1,225,000 $ 685 4/3,0,0,0 1789/A 1955/PUB 1/13/2022
SFR/D 20545 Madrona AVE $1,240,000 $ 819 3/1,1,0,0 1514/A 1958/ASR 1/29/2022
SFR/D 1307 Fern AVE $1,995,000 $ 420 7/6,0,1,0 4753/A 2018/ASR 1/10/2022
CONDO/A 21345 Hawthorne BLVD #317 $500,000 $ 781 1/1,0,0,0 640/A 2005/ASR 1/13/2022
CONDO/A 23069 Nadine CIR #B $503,000 $ 450 1/2,0,0,0 1117/A 1963/ASR 1/5/2022
CONDO/A 22911 Maple AVE #A $557,500 $ 499 2/2,0,0,0 1117/A 1963/ASR 1/24/2022
SFR/D 3726 W 226th ST $1,020,000 $ 938 3/1,0,1,0 1088/A 1953/ASR 1/19/2022
SFR/D 3518 W 227th PL $1,080,000 $ 880 3/2,0,0,0 1227/A 1954/ASR 1/18/2022
SFR/D 3402 W 227th PL $1,210,000 $ 840 3/1,1,0,0 1440/A 1954/ASR 1/7/2022
SFR/D 2608 W 226th ST $1,285,000 $ 724 3/1,1,0,0 1775/A 1960/ASR 1/18/2022
TWNHS/A 434 Calle Miramar $1,147,500 $ 827 2/1,1,1,0 1388/A 1978/ASR 1/13/2022
CONDO 3970 Sepulveda BLVD #305 $655,000 $ 461 2/2,0,0,0 1420/ 2007 1/5/2022
SFR/D 2634 Pacific Coast $995,000 $ 808 3/2,0,0,0 1232/A 1953/PUB 1/5/2022
TWNHS/D 23838 Los Codona AVE #18 $1,000,000 $ 561 4/2,0,1,0 1784/A 1996/ASR 1/24/2022
TWNHS/A 3935 W 226th ST $1,030,000 $ 582 3/2,0,1,0 1770/A 2008/ASR 1/14/2022
SFR/D 23330 Ocean AVE $1,700,000 $ 704 4/3,0,0,0 2415/A 1966/ASR 1/21/2022
SFR/D 22609 Leyte DR $1,900,000 $ 657 4/1,2,0,0 2891/A 1951/ASR 1/4/2022
SFR/D 5202 Clearsite ST $2,110,000 $ 882 3/3,0,0,0 2392/A 1952/ASR 1/5/2022
SFR/D 21918 Ocean AVE $1,150,000 $ 703 3/1,1,0,0 1637/A 1956/ASR 1/13/2022
SFR/D 21617 Howard AVE $1,275,000 $ 1,097 3/2,0,0,0 1162/A 1955/SLR 1/6/2022
SFR/D 21410 Talisman ST $1,375,000 $ 735 3/3,0,0,0 1870/A 1956/ASR 1/13/2022
SFR/D 4705 W Carson ST $1,560,000 $ 460 4/2,1,1,0 3390/A 1955/ASR 1/17/2022
SFR/D 5033 W Carson ST $1,030,000 $ 886 3/2,0,0,0 1162/A 1955/ASR 1/14/2022
SFR/D 5330 Carmelynn ST $1,200,000 $ 1,034 3/1,1,0,0 1161/A 1956/ASR 1/3/2022
SFR/D 21040 Tomlee AVE $1,750,000 $ 653 4/3,0,0,0 2679/A 1992/ASR 1/27/2022
SFR/D 5508 Arvada ST $2,261,000 $ 780 4/6,0,0,0 2900/A 2008/ASR 1/13/2022
SFR/D 4308 W 178th ST $775,000 $ 713 3/2,0,0,0 1087/A 1950/ASR 1/14/2022
SFR/D 4348 W 178th ST $782,000 $ 618 3/2,0,0,0 1265/A 1975/ASR 1/4/2022
SFR/D 18340 Glenburn AVE $825,000 $ 945 2/1,0,0,0 873/A 1953/ASR 1/24/2022
TWNHS/D 3823 W 190th ST $872,000 $ 658 3/2,0,0,0 1326/A 1990/ASR 1/7/2022
SFR/D 18903 Yukon AVE $880,000 $ 836 3/1,1,0,0 1053/A 1953/ASR 1/7/2022
SFR/D 4119 175th PL W $900,000 $ 804 3/1,0,0,0 1120/A 1953/ASR 1/26/2022
TWNHS/D 3807 W 190th St. $900,000 $ 687 3/2,0,0,0 1310/A 1990/ASR 1/28/2022
SFR/D 18827 Gerkin AVE $1,158,000 $ 545 4/1,2,1,0 2126/A 1968/ASR 1/18/2022
SFR/D 18828 Fonthill AVE $1,325,000 $ 454 5/3,0,0,0 2919/A 2002/ASR 1/20/2022
CONDO/A 18419 Van Ness AVE $585,000 $ 471 3/2,0,0,0 1241/A 1964/EST 1/7/2022
SFR/D 18826 Wilton PL $930,000 $ 729 4/2,0,0,0 1275/E 1951/ASR 1/4/2022
SFR/D 17309 Haas AVE $975,000 $ 616 3/1,1,0,0 1582/A 1954/ASR 1/10/2022
SFR/D 2321 W 184th ST $1,050,000 $ 774 3/2,0,0,0 1356/A 1956/ASR 1/11/2022
SFR/D 1217 Beech AVE $640,000 $ 870 1/1,0,0,0 736/P 1927/PUB 1/21/2022
SFR/D 714 Border AVE $675,000 $ 959 2/1,0,0,0 704/A 1924/ASR 1/4/2022
SFR/D 2313 Andreo AVE $675,000 $ 904 2/1,0,0,0 747/A 1924/ASR 1/12/2022
TWNHS/A 2224 Dominguez ST #13 $860,000 $ 593 3/2,0,1,0 1450/A 2005/ASR 1/12/2022
SFR/D 1766 W 244th ST $942,000 $ 609 3/1,1,0,0 1547/A 1953/ASR 1/19/2022
SFR/D 1822 W 244th ST $1,220,000 $ 577 4/2,0,1,0 2116/A 1964/ASR 1/19/2022

Understanding Earnest Money

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What is earnest money?

In Old Torrance buyers usually put in a 3% deposit, or earnest money, into escrow. These funds usually get wired and normally it gets put in within 3 days of seller acceptance of an offer. The funds do get deposited, but are usually refundable while the contingencies (inspection, loan and appraisal) are in place. Those timelines are negotiated during the offer/counter offer process.

See the Homes that Sold in Old Torrance During November

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Take a look below at the homes that sold in the Old Torrance area of Torrance CA.  There were 7 home sales during the month of which mostNorth Torrance homes for sale were townhomes.  The average list price of the homes that sold was $664,429 with the average sold price being just over $682,000. Homes averaged only 19 days on the market before going into escrow.

Old Torrance November Home Sales and Prices

Type Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
CONDO/A 1301 Cabrillo AVE #112 $475,000 $710.01 2/1,0,0,0 669/A 1993/ASR 11/12/2021
SFR/D 716 Pacific LN $500,000 $757.58 1/2,0,0,0 660/A 1918/ASR 11/17/2021
CONDO/A 2742 Cabrillo AVE #101 $550,000 $528.85 2/1,1,0,0 1040/A 2006/ASR 11/19/2021
TWNHS/A 2603 Apple AVE #109 $685,000 $643.80 2/1,0,1,0 1064/A 1984/ASR 11/2/2021
TWNHS 813 Van Ness AVE #A $830,000 $590.33 3/2,0,1,0 1406/A 2000/ASR 11/30/2021
TWNHS/A 1524 Cravens AVE #19 $830,000 $596.26 3/2,0,1,0 1392/A 1996/PUB 11/19/2021
SFR/D 2720 Martha AVE $905,000 $655.80 3/2,0,0,0 1380/A 1949/EST 11/30/2021

Only 51 Homes for Sale in All of Torrance as of 11/25

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It’s been clear for months that the inventory of “active” listings in the South Bay and Torrance has slowly been declining.  According to realtor and Torrance specialist Keith Kyle with Vista Sotheby’s International, “this is the lowest number of active listings that I can ever recall dating back beyond ten years.  We have seen this lack of available housing inventory in over a decade.”

Each month both closed home sales and new escrows are at peak numbers but “new” listings just can’t keep up with the unceasing housing demand.  As of Thanksgiving,  there are only 51 active listings on the MLS in all of Torrance which is not good for buyers in any way shape or form.  Last October there were 88 homes for sale which was historically lower than normal.  This is definitely not good news for Torrance home buyers and is certainly not going to help with the housing crunch and unceasing demand.  See the Torrance real estate trends over the past 15 months to see just how low that is in comparison.

Current Homes for Sale in Torrance


Click any MLS number above for details and photos of the home.