Local Guide to Torrance Real Estate
Our website features the best Torrance real estate search for homes, condos and townhomes available. It is the only site you will ever need! It is user friendly and updated by the official REALTOR®’s database every 15 minutes.You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Considering buying or selling real estate in Torrance? Our office is centrally located in South Torrance. We specialize in Torrance real estate. Our experienced team is ready to help you buy or sell Torrance real estate.
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Here is the latest real estate market report Torrance.
In Torrance, single family home average sales price was $1,291,169 which was 9 percent higher than a year ago. Median price was $1,295,000 – 13% higher than in the same period 2023. The price per sq ft was $799 compared to $746; the 7% increase y-o-y.
It’s always good to remember that all real estate is local. You can create your own market report for any market, city, zip code, area, property type, save and receive email update. It’ll help you to be current with your area market conditions. These reports can be helpful if you’re either a buyer or a seller in South Bay LA. Call us at (310)918-5027 with any questions.
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Single Family Homes
Torrance | 3rd Qtr 2024 | 3rd Qtr 2023 | Difference |
No. of Sales | 164 | 193 | -15% |
Average Price | $1,291,169 | $1,188.052 | +9% |
Median Price | $1,295,000 | $1,150,000 | +13% |
Days on Market | 18 | 17 | +1 day |
Never miss important changes in the Torrance market. Contact us to receive your local area market report.
TORRANCE REAL ESTATE MARKET
Homes in the Torrance real estate market range from around $1 million. Buyers may find condos and townhomes at lower prices. The Torrance California real estate market has been strong in recent years, with home prices steadily increasing.There are many reasons for the strong Torrance real estate market. Torrance is conveniently located, close to LAX, Los Angeles, with easy access to major highways and close proximity to popular destinations such as our local beaches. Torrance is also known for its highly-rated schools, which can make it an attractive location for families. Active 55+ seniors also find Torrance attractive because of many beautiful senior communities located here.
The Torrance real estate market has been competitive, with limited inventory and a high demand for homes with limited space for new construction.
You’ll find a wide variety of styles in Torrance, from luxury homes to affordable condos. You can find a perfect home that suits your budget and style right here in Torrance.
TORRANCE COMMUNITY HIGHLIGHTS
The Torrance Cultural Arts Center hosts events year-round, and the Armed Forces Day Parade in Torrance has been running since 1960.
The Torrance City Parks Department maintains 30 parks, including the Madrona Marsh Wildlife Preserve & Nature Center.
Torrance has a major corporate presence with the headquarters of Honda’s American division located here.
Torrance is the eighth-largest city in the Los Angeles County area and is among the best-maintained cities in the state. Torrance boasts over 95,000 street trees, 30 city parks, and many other great additions amongst the Torrance homes to help keep the city beautiful.
PARKS AND RECREATION
Torrance has over 30 parks and recreational facilities, including Wilson Park, Columbia Park, Walteria Park, Delthorne Park. Torrance parks offer a variety of activities such as playgrounds, sports fields, picnic areas, tennis courts and hiking trails. Nearby beaches and Palos Verdes provide additional opportunities for sport and outdoor activities enthusiasts.
LOCAL BEACHES
Torrance is located close to several beautiful beaches, including Torrance Beach, Redondo Beach, Hermosa Beach, and Manhattan Beach, which offer a range of outdoor activities such as volleyball, swimming, surfing, sunbathing, and walking along the boardwalk.
SHOPPING AND DINING
Torrance has a variety of shopping options, including the Del Amo Fashion Center, which is one of the largest shopping centers in the United States. It features a variety of shops and restaurants. The city also offers a range of dining options. Torrance has a diverse selection of cuisines, including Japanese, Korean, Mexican, and Italian, among others.
AWARD WINNING SCHOOLS
Torrance real estate is popular with families looking to offer their children the best opportunities from award-winning schools. Many elementary and high schools are Distinguished California Schools. El Camino community college is one of the best rated in the state.
CULTURAL EVENTS
Torrance hosts a variety of cultural events throughout the year, including the Torrance Antique Street Faire, the South Bay Festival of the Arts, and the Torrance Certified Farmers’ Market, which showcases local vendors and artisans. The Torrance Cultural Arts Center has several venues and hosts a medley of performance arts events throughout the year.
MUSEUMS
Torrance is home to several museums, including the Western Museum of Flight, which features exhibits on aviation history, and the Torrance Art Museum, which showcases contemporary art from around the world.
IDEAL CLIMATE
Torrance residents enjoy the coastal California climate all year round. Winters are typically mild and summers can be quite warm which makes this sunny destination a popular place with many people.
EMPLOYMENT OPPORTUNITIES
Torrance has excellent employment opportunities, with major employers such as Honda, Honeywell, Exxon Mobile and Spacex within minutes drive. There are many other smaller employers in the area as well, making this area an excellent choice for working professionals.
LOCAL RESOURCES
Torrance Visitors Bureau
Torrance Beach
Torrance Memorial Senior Resources
Torrance Unified School District
TorranceCaliforniaHomes.com
Krystyna Baty Ryan
(310)918-5027
CA DRE Lic 01485187
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All information on this site is deemed to be accurate but should be verified before committing to a property sale or purchase