How Did the Year in Real Estate Kick Off 2023?
Home Sales and Home Prices in January
The real estate market in Torrance was really slow in terms of the number of homes that sold but home prices continued to impress. There were only 47 homes that closed escrow during the month which was the slowest we’ve seen in over 7 years. Compared with the peak summer month of 112 homes that sold in July and you can see how slow the market was.
The average “asking” price was $1,060,928 with the average sold price at an impressive $1,046,500 meaning that homes generally sold below the asking price, but over $1.oM is not bad at all.
The average price per foot for the month was $648 which was slightly lower than in October. The average days on market was a 42 before going into pending status.
4 of the homes were in the gated communities of Plaza Del Amo.
Torrance Home Sales and Prices in January 2023
|Type||Address||Price||$ Per Sq Ft||Bed/Bath||Sq Feet||Age|
|CONDO/A||22959||Nadine Cir #A||$556,000||$585||2/1,0,1,0||950/A||1963|
|SFR||1418 W||216TH ST||$750,000||$437||5/3,0,0,0||1717/||1942|
|CONDO/A||21852 S||Vermont AV #6||$535,000||$578||2/2,0,0,0||926/A||1994/ASR|
|CONDO/A||2800||Plaza Del Amo #303||$725,000||$612||2/2,0,1,0||1185/A||1989/ASR|
|TWNHS/A||2801||Sepulveda BL #123||$949,000||$502||3/3,0,0,0||1889/A||1996/ASR|
|SFR/D||2889||Plaza Del Amo #200||$1,225,000||$536||3/2,0,1,0||2285/A||2002/ASR|
|CONDO/A||22943||Maple AV #A||$575,000||$515||2/0,2,0,0||1117/A||1963/ASR|
|SFR/D||3614 W||225th ST||$1,175,000||$936||3/1,1,0,0||1255/A||1956/ASR|
|SFR/D||2550 W||234th ST||$1,360,000||$661||4/1,1,0,0||2058/P||1964/ASR|
|SFR/D||3722 W||181st ST||$950,000||$569||3/2,0,0,0||1670/S||1953/ASR|
|SFR/D||4118||W 178th ST||$992,000||$718||4/2,0,0,0||1381/P||1955/PUB|
|SFR/D||2204 W||161st ST||$750,000||$484||4/2,0,0,0||1549/A||1956/PUB|
|SFR/D||2137 W||183rd ST||$915,000||$436||5/3,0,0,0||2100/A||1962/PUB|
|SFR/D||2010 W||177th ST||$983,000||$759||3/2,0,0,0||1295/A||1953/ASR|
|CONDO/A||2700||Arlington AV #106||$710,000||$563||2/2,0,0,0||1262/A||1982/ASR|
|SFR/D||2444 W||230th ST||$990,000||$557||3/2,0,0,0||1776/A||1963/ASR|
|SFR/D||2378 W||234th ST||$1,165,000||$619||3/2,1,0,0||1883/P||1960/PUB|
|SFR/D||2403||W 232nd St.||$1,175,000||$666||3/2,0,0,0||1763/A||1962/ASR|
|SFR/D||2320 W||235th ST||$1,199,000||$540||5/3,0,0,0||2220/A||1963/ASR|
Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.