It’s finally 2021! It’s exciting just to type that. Now that we’ve moved into a new (and hopefully calmer) year it’s time to review the year that was in Torrance. What a year it was for real estate and home sales in city of Torrance CA.
Below is a quick glance at the key numbers in 2020 which was impressive both in the number of home sales as well as the prices that they sold at.
There were 1144 on market home sales during 2020 compared with 1204 in 2019. The median sales price was an impressive $835,000. Homes averaged a very brief 24 days on market and the average price per foot was only $533. For more detailed month by month stats see our Torrance real estate market trends and statistics page.