Welcome to the month that was for real estate in the Old Torrance neighborhood of Torrance CA. September 2022 was a solid month for both the number of homes that sold as well as the prices that they sold for. There were 9 closed home sales during this past month.
The median list price for the homes that sold during September was $824,333 with the median sold price at $804,000. This meant that properties generally sold below full price.
The median price per foot for the month was $597. The average days on market an amazing 37 before going into pending status. See how that compares with other months on our Old Torrance real estate trends and statistics page.
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Torrance’s great streets. This one was a testament to a hot market as they were originally priced on the lower end but still appropriate…..despite that the home sold for $305,000 over list price. The home was very well maintained and upgraded but it was by no means newer construction and this is a huge price for Old Torrance. Congrats to the sellers and good job by the listing agents!
number of homes that sold as well as the prices that they sold for. There were 8 closed home sales during this past month.
townhomes and condos selling in this historic part of Torrance. The average list price for the year was$5751,000 with the average sold price being $769,000 meaning that in general homes sold well over what they were listed for. It was definitely a “seller’s market”. Homes averaged only 17 days on the market before going into escrow.
bedrooms and 2 baths with just under 1,400 square feet. The home was in fairly original condition but certainly well maintained. Sitting on a 6,600+ foot lot the home had some very nice outdoor areas. Listed at $825,000, 2720 Martha sold way over at a price of $905,000 after only a few days on the market.