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.