Let’s look at the momth that was in May and see what the real estate numbers were compared with the year prior. it was a very big month for real estate in Torrance CA with 117 homes, townhomes and condos closing escrow compared to only 48 in May of 2020. Another 116 went into escrow during the month and these are huge numbers. The only problem is that inventory isn’t keeping up and new active listings was way down with only 68 active listings. The median sold price was an impressive $8,99,000 and sold homes averaged only 17 days on market before going into escrow. See how it compares with other months on our Torrance real estate trends and statistice page. Click here to view the homes that sold during the month.
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