The least expensive home at the moment in and around the Plaza Del Amo communities is a very nice one bedroom condo in the 55+ senior community of The Gables. The gables is located at 3550 Torrance Blvd. It was built in 2006 so it still have a much newer feel than just about anything comparable in price. The condo is priced at $345,000 and is a 1 bedroom 1 bath single level with approximately 507 square feet. The second lowest priced home in the area also happens to be in The Gables.
Torrance Real Estate Recap – September at a Glance
What a month it was for home sales in Torrance CA. There were 128 sold properties at a median sales price of $821,000. The homes averaged only 22 days on the market before selling. View all of the properties sold in Torrance during September.
View the current homes for sale in and around Plaza Del Amo
September Home Sales in Torrance
Torrance saw another great month for home sales and home prices. 122 homes closed escrow during the month which is the highest number of home sales in years. Take a look below at all of the homes that sold. The big home sale of the month was $1,885,000 for a large single family 5 bedroom home on a huge 16,000 foot lot at 5531 Laurette in the neighborhood of Southwood. 14 of the 122 homes that sold were in the communities of Plaza Del Amo and Central Torrance
View the current Torrance homes, townhomes and condos for sale
View the current Plaza Del Amo homes for sale
September 2020 Home Sales and House Prices
Type | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | |
SFR/D | 21224 | Doble Ave | $640,000 | $494 | 3/2,0,0,0 | 1295/E | 1960 |
SFR/D | 1624 W | 220th ST | $650,000 | $434 | 2/2,0,0,0 | 1496/E | 1930/ASR |
SFR/D | 1518 W | 213th ST | $770,000 | $439 | 3/3,0,0,0 | 1754/A | 1943/EST |
CONDO/A | 23332 | Sesame ST #D | $220,000 | $530 | 0/1,0,0,0 | 415/A | 1973/EST |
CONDO/A | 23300 | Sesame ST #36D | $242,500 | $584 | 0/1,0,0,0 | 415/A | 1973/ASR |
CONDO | 23330 | Sesame ST #A | $304,000 | $513 | 1/1,0,0,0 | 593/ | 1973 |
CONDO | 20434 S | Vermont AVE #67 | $315,000 | $480 | 1/0,1,0,0 | 656/ | 1978 |
CONDO/A | 20614 S | Vermont AVE #39 | $331,000 | $505 | 1/1,0,0,0 | 656/A | 1978/ASR |
CONDO/A | 1109 | Sepulveda BLVD #E103 | $340,000 | $550 | 1/1,0,0,0 | 618/A | 1973/PUB |
CONDO/A | 1125 | Sepulveda BLVD #K103 | $340,000 | $550 | 1/1,0,0,0 | 618/A | 1973/ASR |
CONDO/A | 1123 | Sepulveda BLVD #J104 | $367,500 | $462 | 2/1,0,0,0 | 796/A | 1973/OTH |
CONDO/A | 1117 | Sepulveda BLVD #2-102 | $390,000 | $467 | 2/2,0,0,0 | 836/A | 1973/ASR |
CONDO/A | 23212 | Sesame ST #A | $420,000 | $395 | 3/1,0,1,0 | 1064/A | 1973/ASR |
CONDO/A | 20561 S | Vermont AVE #2 | $423,500 | $438 | 2/2,0,0,0 | 968/A | 1982/ASR |
TWNHS | 22324 | Harbor Ridge LN #5 | $470,000 | $365 | 3/1,0,1,0 | 1287/A | 1979/ASR |
SFR/D | 22923 | Alexandria AVE | $508,000 | $461 | 3/1,0,1,0 | 1102/A | 1981/ASR |
SFR/D | 1049 | Jay ST | $590,000 | $590 | 3/1,0,0,0 | 1000/A | 1954/ASR |
TWNHS/A | 22919 | Mariposa AVE #303 | $590,000 | $366 | 3/4,0,0,0 | 1610/A | 2009/ASR |
SFR/D | 22727 | Menlo AVE | $665,000 | $435 | 3/2,0,0,0 | 1529/A | 1969/ASR |
TWNHS/D | 22732 | Meyler ST | $682,000 | $413 | 3/2,1,0,0 | 1650/A | 2016/ASR |
SFR/D | 20913 S | Van Deene AVE | $685,000 | $458 | 3/2,0,0,0 | 1495/AP | 1957/ASR |
TWNHS/D | 1221 | Jasmine Walk | $720,000 | $395 | 3/2,0,1,0 | 1822/A | 2004/SLR |
CONDO/A | 24450 | Ward Street | $750,000 | $526 | 3/1,1,0,0 | 1427/A | 1981/ASR |
SFR/D | 2709 | Normallin ST | $865,000 | $718 | 3/2,0,0,0 | 1204/A | 1953/ASR |
SFR/D | 2741 | Grand Summit RD | $869,998 | $814 | 3/1,0,0,0 | 1069/A | 1954/ASR |
SFR/D | 3204 | Danaha ST | $950,000 | $469 | 4/2,0,0,0 | 2027/A | 1953/ASR |
CONDO/D | 24238 | OCEAN AVE | $980,000 | $463 | 3/2,0,1,0 | 2115/B | 2020/BLD |
SFR/D | 26017 | Calmhill DR | $995,000 | $820 | 3/0,2,0,0 | 1214/A | 1955/PUB |
CONDO/D | 24240 | OCEAN AVE | $1,105,000 | $522 | 3/2,0,1,0 | 2115/B | 2020/BLD |
CONDO/D | 24236 | OCEAN AVE | $1,115,000 | $527 | 3/2,0,1,0 | 2115/B | 2020/BLD |
SFR | 2905 | OAKWOOD LN | $1,150,000 | $618 | 3/3,0,0,0 | 1860/ | 1976/ASR |
SFR/D | 2854 | WINDMILL RD | $1,175,000 | $694 | 3/2,0,0,0 | 1692/A | 1976/ASR |
SFR/D | 3207 | Carolwood LN | $1,245,000 | $615 | 3/3,0,1,0 | 2026/A | 1977/ASR |
SFR/D | 24411 | Neece AVE | $1,375,000 | $535 | 4/2,0,1,0 | 2572/A | 2001/ASR |
SFR/D | 2503 | Loftyview DR | $1,399,000 | $368 | 5/3,0,1,0 | 3804/SEE | 2004/ASR |
CONDO/A | 3550 | Torrance BLVD #109 | $369,000 | $647 | 1/1,0,0,0 | 570/A | 2006/PUB |
CONDO/A | 3230 | Merrill DR #74 | $410,000 | $476 | 2/1,0,0,0 | 861/A | 1964/ASR |
CONDO/A | 3230 | Merrill DR #61 | $432,500 | $502 | 2/1,0,0,0 | 861/SEE | 1964/ASR |
CONDO/A | 2940 W | Carson ST #113 | $455,000 | $484 | 2/2,0,0,0 | 941/A | 1962/ASR |
CONDO/A | 2940 W | Carson ST #224 | $475,000 | $591 | 2/1,0,0,0 | 804/A | 1962/ASR |
SFR/D | 1621 | Crenshaw BLVD | $555,000 | $1,076 | 2/1,0,0,0 | 516/A | 1924/PUB |
TWNHS/A | 2931 | Plaza Del Amo #46 | $645,000 | $544 | 2/2,0,1,0 | 1186/A | 1985/ASR |
CONDO | 2595 | Plaza Del Amo #427 | $727,000 | $509 | 2/2,0,1,0 | 1429/T | 1986 |
CONDO/A | 2577 | Plaza Del Amo #706 | $750,000 | $551 | 2/2,0,1,0 | 1362/A | 1987/ASR |
SFR/D | 1605 | Date AVE | $770,000 | $759 | 2/1,0,0,0 | 1015/A | 1956/ASR |
TWNHS/A | 2825 | Plaza Del Amo #166 | $790,000 | $430 | 3/3,0,0,0 | 1839/A | 1994/ASR |
TWNHS/A | 3446 | Del Amo BLVD | $805,000 | $482 | 4/2,0,1,0 | 1670/A | 1974/PUB |
SFR/A | 2815 | SEPULVEDA BLVD #9 | $895,000 | $383 | 3/3,0,0,0 | 2334/A | 2001/ASR |
SFR/D | 2889 | Plaza Del Amo #912 | $1,000,000 | $438 | 3/2,0,1,0 | 2285/A | 2003/ASR |
CONDO/A | 22883 #B | Nadine Circle | $420,000 | $376 | 1/1,1,0,0 | 1117/AP | 1963/ASR |
CONDO/A | 23063 | Nadine Circle A | $505,000 | $452 | 2/1,1,0,0 | 1117/A | 1963/ASR |
CONDO/A | 22936 | Nadine CIR #B | $520,000 | $547 | 1/1,0,1,0 | 950/A | 1963/ASR |
CONDO/A | 22947 | Maple AVE | $577,640 | $517 | 2/1,1,0,0 | 1117/A | 1963/ASR |
CONDO/D | 24410 | Crenshaw BLVD #321 | $599,000 | $362 | 3/2,0,0,0 | 1654/A | 1987/ASR |
TWNHS/A | 2752 W | 235th ST | $685,000 | $489 | 2/2,0,0,0 | 1400/B | 1999/ASR |
SFR/D | 3703 W | 225th ST | $863,000 | $636 | 3/1,0,1,0 | 1356/A | 1953/ASR |
SFR/D | 22313 | Ward ST | $899,000 | $701 | 4/2,0,0,0 | 1283/A | 1956/ASR |
SFR/D | 2625 W | 225th ST | $965,000 | $600 | 4/2,0,0,0 | 1609/A | 1960/ASR |
SFR/D | 2743 W | 233rd ST | $1,120,000 | $556 | 4/2,0,0,0 | 2013/A | 1965/ASR |
SFR/D | 23108 | Greenwood AVE | $1,195,000 | $678 | 4/2,0,0,0 | 1763/A | 1965/ASR |
SFR/D | 22603 | Felbar AVE | $1,303,000 | $558 | 4/3,0,1,0 | 2337/A | 1963/ASR |
SFR/D | 23402 | Susana AVE | $1,152,600 | $1,037 | 3/1,0,1,0 | 1112/A | 1954/ASR |
SFR/D | 5416 | Riviera WAY | $1,280,000 | $826 | 3/2,0,1,0 | 1549/A | 1954/ASR |
SFR/D | 23206 | Anza AVE | $859,000 | $559 | 3/2,0,0,0 | 1536/A | 1960/PUB |
SFR/D | 22708 | Linda DR | $1,000,000 | $940 | 3/2,0,0,0 | 1064/A | 1952/ASR |
SFR/D | 22914 | Kent AVE | $1,108,000 | $511 | 5/3,0,0,0 | 2167/A | 1955/ASR |
SFR/D | 22718 | Evalyn AVE | $1,200,000 | $716 | 4/3,0,0,0 | 1675/A | 1953/ASR |
SFR/D | 5404 | Palos Verdes BLVD | $1,250,000 | $640 | 3/1,1,0,1 | 1952/A | 1952/ASR |
SFR/D | 5110 | Milne DR | $1,359,000 | $558 | 4/2,1,0,0 | 2435/A | 1952/ASR |
SFR | 3850 W | 230th St. ST | $1,570,000 | $470 | 4/3,0,0,0 | 3342/ | 1990 |
SFR/D | 21922 | Ladeene AVE | $865,000 | $744 | 3/1,1,0,0 | 1162/A | 1956/ASR |
SFR/D | 21701 | Ocean AVE | $950,000 | $531 | 4/2,0,0,0 | 1790/A | 1956/ASR |
SFR/D | 21517 | Ladeene AVE | $1,030,000 | $660 | 3/2,0,0,0 | 1560/A | 1956/PUB |
SFR | 4709 W | Carson ST | $1,042,000 | $677 | 3/2,0,0,0 | 1539/B | 1955 |
SFR/D | 21901 | Redbeam AVE | $1,100,000 | $947 | 3/2,0,0,0 | 1162/A | 1955/ASR |
SFR/D | 4927 | Jacques ST | $1,175,000 | $556 | 4/2,0,0,0 | 2114/A | 1955/EST |
SFR/D | 5531 | Laurette ST | $1,885,000 | $462 | 5/1,3,1,0 | 4083/A | 2005/ASR |
CONDO/A | 4520 | Emerald ST | $705,000 | $476 | 2/2,0,1,0 | 1480/P | 1981/PUB |
TWNHS/A | 4418 | Spencer ST | $857,500 | $340 | 3/2,0,1,0 | 2525/A | 1984/ASR |
SFR/D | 19445 | Sturgess DR | $930,000 | $530 | 3/2,0,0,0 | 1754/A | 1956/ASR |
SFR/D | 5507 | Norton ST | $955,000 | $853 | 3/1,1,0,0 | 1120/A | 1956/ASR |
SFR/D | 20135 | Talisman ST | $960,000 | $727 | 3/1,1,0,0 | 1320/A | 1955/PUB |
SFR/D | 5313 | Carmelynn AVE | $970,000 | $615 | 3/1,1,0,0 | 1577/A | 1956/ASR |
SFR/D | 4726 | Carmelynn ST | $995,000 | $709 | 3/1,1,0,0 | 1403/A | 1955/ASR |
SFR/D | 4701 | Steele ST | $1,140,000 | $602 | 3/2,0,1,0 | 1894/A | 1986/ASR |
SFR/D | 5010 | Onyx ST | $1,275,000 | $553 | 4/2,0,0,0 | 2307/A | 1961/APP |
SFR/D | 5540 | Norton ST | $1,845,000 | $530 | 4/4,0,0,0 | 3481/P | 1989/PUB |
TWNHS/A | 3888 | Redondo Beach BLVD | $609,600 | $535 | 2/2,0,1,0 | 1140/A | 2005/ASR |
SFR/D | 17404 | Elgar AVE | $700,000 | $658 | 3/1,0,0,0 | 1064/A | 1951/ASR |
SFR/D | 18926 | Florwood | $700,000 | $711 | 3/1,0,0,0 | 985/A | 1953/ASR |
TWNHS/A | 18050 | Prairie AVE #A | $700,000 | $482 | 3/2,0,1,0 | 1452/A | 1989/ASR |
SFR/D | 17011 | Osage AVE | $765,000 | $574 | 3/1,1,0,0 | 1333/A | 1951/PUB |
SFR/D | 16607 | Falda AVE | $800,000 | $614 | 3/1,0,1,0 | 1304/A | 1952/ASR |
SFR/D | 3232 W | 187th PL | $800,000 | $576 | 3/2,0,0,0 | 1389/A | 1950/ASR |
SFR/D | 3407 W | 190th ST | $810,000 | $443 | 4/3,0,1,0 | 1828/O | 1951/SEE |
SFR/D | 3231 W | 188th ST | $829,000 | $750 | 3/2,0,0,0 | 1106/A | 1950/ASR |
SFR/D | 4122 W | 183rd ST | $890,000 | $578 | 4/3,0,0,0 | 1540/A | 1954/ASR |
TWNHS/D | 18305 | Amie AVE | $900,000 | $441 | 4/3,1,0,0 | 2040/A | 2007/OTH |
SFR/D | 16842 | Thornburgh AVE | $920,000 | $536 | 4/2,0,0,0 | 1716/A | 1953/ASR |
SFR/D | 2735 W | 176th ST | $550,000 | $602 | 2/1,0,0,0 | 914/A | 1950/ASR |
TWNHS/A | 18337 | Van Ness AVE | $635,000 | $390 | 4/2,0,1,0 | 1627/A | 1964/ASR |
SFR/A | 2612 W | 176th ST | $715,000 | $699 | 3/1,0,0,0 | 1023/A | 1950/ASR |
SFR/D | 2023 W | 162nd ST | $810,000 | $548 | 3/1,1,0,0 | 1479/A | 1951/ASR |
SFR/D | 2509 W | 178th ST | $813,500 | $698 | 3/0,1,1,0 | 1166/A | 1955/ASR |
SFR/D | 18031 | Gramercy PL | $840,000 | $625 | 3/2,0,1,0 | 1343/A | 1957/ASR |
TWNHS/A | 17508 | Van Ness AVE | $915,000 | $515 | 3/2,0,2,0 | 1776/B | 2018/ASR |
SFR/D | 2145 | Johnson CT | $990,000 | $540 | 4/2,0,0,0 | 1832/A | 1965/ASR |
TWNHS/A | 911 | Cota AVE #4 | $580,000 | $436 | 2/1,1,1,0 | 1329/A | 1984/ASR |
TWNHS/A | 2701 | Gramercy AVE #8 | $665,000 | $494 | 3/3,0,0,0 | 1345/A | 1984/ASR |
TWNHS/A | 2701 | Gramercy AVE #2 | $672,000 | $500 | 3/2,0,1,0 | 1345/A | 1984/PUB |
TWNHS/A | 2160 | Plaza Del Amo #175 | $674,000 | $444 | 3/1,1,1,0 | 1517/A | 1979/ASR |
TWNHS/A | 2132 | Washington AVE | $705,000 | $511 | 2/2,0,1,0 | 1379/A | 2006/ASR |
TWNHS/A | 807 | Van Ness AVE #D | $708,000 | $482 | 3/2,0,1,0 | 1470/A | 2000/ASR |
TWNHS/D | 2112 | Santa Fe AVE | $713,000 | $405 | 3/2,0,1,0 | 1761/A | 1991/ASR |
SFR/D | 1014 | Sierra PL | $715,000 | $594 | 2/1,0,1,0 | 1204/A | 1950/ASR |
SFR/D | 2624 | Martha AVE | $725,000 | $724 | 2/2,0,0,0 | 1001/A | 1949/ASR |
SFR/D | 812 | Portola AVE | $765,000 | $428 | 4/2,1,0,0 | 1786/A | 1920/ASR |
TWNHS/A | 1800 | Oak ST #346 | $770,000 | $579 | 2/2,0,1,0 | 1330/A | 2007/ASR |
SFR/D | 2024 | Gramercy AVE | $835,000 | $769 | 3/1,1,0,0 | 1086/A | 1917/ASR |
TWNHS/A | 624 | Madrid AVE | $880,000 | $390 | 3/2,0,1,0 | 2256/A | 1990/ASR |
TWNHS/A | 2303 | Jefferson ST #1200 | $910,000 | $376 | 3/3,0,1,0 | 2419/B | 2010/ASR |
SFR/D | 1511 | Acacia AVE | $949,900 | $768 | 3/2,0,0,0 | 1237/A | 1927/ASR |
TWNHS/A | 2200 W | 236th PL W | $650,000 | $594 | 2/3,0,0,0 | 1094/B | 2018/ASR |
SFR/D | 1762 W | 244th ST | $725,000 | $580 | 3/2,0,0,0 | 1250/A | 1953/ASR |
SFR/A | 2025 | Reynosa DR | $753,000 | $727 | 2/1,0,0,0 | 1036/A | 1947/APP |
SFR/D | 1957 W | 235th PL | $850,000 | $564 | 4/2,0,0,0 | 1508/A | 1963/ASR |
SFR/D | 2062 W | 234th ST | $1,130,000 | $451 | 4/3,0,0,0 | 2508/S | 1965/ASR |
SFR/D | 1926 W | 237th PL | $1,188,000 | $364 | 4/5,0,0,0 | 3263/A | 1992/ASR |
Recent Home Sales in and Around Plaza Del Amo
Take a look at the recent home sales in the gated communities of Plaza Del Amo in central Torrance CA. Home sales have been very solid and September was no different. Here’s the home sales of the last few months.
See the Homes that Sold in June in and Around Plaza Del Amo
June was back to being a busy month for real estate in the Plaza Del Amo area. This was a big difference from the slow market in April and May due to the uncertainty from the Covid situation. June 2020 saw a big uptick in the number of home sales in the Plaza Del Amo area as well as home sales in all of Torrance CA.
Of the homes that sold there was a sale in Tradewinds 55+ community, 55+ on Oak, as well as Springwood, Windemere, Summer Wind and the Verdi Collection.
View the current homes for sale in Plaza Del Amo and Central Torrance
June 202o Home Sales in Central Torrance and Old Torrance
MLS # | Type | Addres | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | |
SB20066435 | COOP/A | 3210 | Merrill DR #18 | $375,000 | $435.54 | 1/1,0,0,0 | 861/P | 1963/ASR |
SB20086294 | CONDO/A | 2605 | Sepulveda BLVD #309 | $450,000 | $371.29 | 2/1,1,0,0 | 1212/A | 2003/ASR |
OC20083622 | CONDO/A | 2367 | Jefferson ST #320 | $485,000 | $563.95 | 1/1,0,0,0 | 860/A | 2007/ASR |
SB20082785 | CONDO/A | 1745 | Maple AVE #47 | $575,000 | $522.73 | 2/2,0,0,0 | 1100/A | 1963/ASR |
SB20060529 | CONDO/A | 3520 | Maricopa ST #10 | $610,000 | $456.59 | 2/2,0,1,0 | 1336/A | 1975/ASR |
SB20081329 | TWNHS/A | 2971 | Plaza Del Amo #233 (Springwood) | $633,000 | $534.63 | 2/3,0,0,0 | 1184/A | 1985/ASR |
OC20086944 | CONDO/A | 2800 | Plaza Del Amo #1 (Summerwind) | $665,000 | $522.39 | 2/2,0,1,0 | 1273/A | 1989/ASR |
SW20073641 | CONDO/A | 2551 | Plaza Del Amo #A (Windemere) | $675,000 | $416.67 | 2/3,0,0,0 | 1620/A | 1984/ASR |
PV20026907 | SFR/D | 1122 | Maple AVE | $745,000 | $679.12 | 3/1,0,0,0 | 1097/A | 1951/ASR |
SB20093308 | SFR/D | 1211 | Kornblum AVE | $800,000 | $655.74 | 2/1,1,0,0 | 1220/A | 1951/ASR |
PV20084322 | SFR/D | 20544 | Avis AVE | $990,000 | $535.14 | 3/2,0,0,0 | 1850/A | 1958/ASR |
SB20063736 | SFR/D | 2527 | Woodbury (Verdi Collection) | $995,000 | $392.35 | 4/2,0,1,0 | 2536/A | 1991/ASR |
Old Torrance | ||||||||
MLS # | Type | Addres | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | |
SB20089913 | CONDO/A | 1281 | Cabrillo AVE #204 | $532,000 | $631.08 | 2/2,0,0,0 | 843/A | 1993/ASR |
SB20077834 | TWNHS/A | 1323 | Post AVE #E | $600,000 | $631.58 | 2/1,0,1,0 | 950/A | 2005/ASR |
SB20097444 | CONDO/A | 1281 | Cabrillo AVE #403 | $611,000 | $724.79 | 2/2,0,0,0 | 843/A | 1993/ASR |
SB20083210 | TWNHS/A | 911 | Cota AVE #2 | $620,000 | $534.94 | 2/1,1,1,0 | 1159/A | 1984/ASR |
SB20090186 | TWNHS/D | 1746 | Andreo AVE | $665,000 | $396.31 | 3/2,0,1,0 | 1678/A | 1990/ASR |
PV20060214 | TWNHS/A | 1918 | Cabrillo AVE #C | $675,000 | $523.26 | 2/2,0,1,0 | 1290/A | 2007/PUB |
SB20085491 | SFR/D | 2810 | Alberta ST | $750,000 | $582.75 | 3/2,0,0,0 | 1287/E | 1950/PUB |
SB20097168 | SFR/D | 819 | Cota AVE | $775,000 | $891.83 | 2/2,0,0,0 | 869/A | 1923/ASR |
SB20057304 | SFR/D | 1908 | Gramercy AVE | $871,000 | $520.31 | 3/2,0,0,0 | 1674/A | 1948/ASR |
PV20102669 | SFR/D | 1015 | Beech AVE | $872,000 | $469.83 | 3/3,0,0,0 | 1856/A | 1946/APP |
In general the Torrance real estate market has been very solid thus far for 2020 and doesn’t seem to show any signs of slowing down.
Torrance Real Estate Market Update
Welcome to the 1st quarter real estate recap for the city of Torrance. Like all cities and towns, the coronavirus uncertainty has impacted real estate in Torrance CA as well. Having said that due to a varied economy and employment and years of a strong housing market, Torrance is more insulated than most other areas but there’s no doubt it’s playing a large role in the current market.
April saw the fewest number of pending home sales in the past few years with only 45 homes going into escrow. (see chart below) Compare that with 110 pending sales a year earlier and it’s pretty clear we’re entering a much slower market. Central Torrance and Plaza Del Amo was no exception with only 3 pending home sales in April compared with 13 pending sales in March and 10 in April 2019.
View the current homes for sale in Torrance The chart below shows the number of active listings (light green) sold homes (dark green) and pending home sales (red line) The greater the discrepancy between active homes and sold homes indicates a buyers market and when the numbers are closer a sellers market is indicated as inventory is down.
The chart below shows the average price per square foot. Square footage in the South Bay often doesn’t mean as much as in other markets as values can vary so dramatically due to things such as proximity to the beach, views, specific neighborhoods.
The chart below shows the average days on market per month as well as the % of list price that homes sold at. A high % indicates a sellers market as home sell at, or above list price.
The chart below shows the average price for listed home sales in relation to the average price for sold homes.
The chart below indicates the months of home inventory based on closed home sales. Buyer’s market: more than 6 months of inventory Seller’s market: less than 3 months of inventory Neutral market: 3 – 6 months of inventory