April 2024 Real Estate Report

Homes For Sale
190 Total
Homes For Sale
Homes added
70 Homes
Added to the Market
Homes For Sale
99 Homes
Sold
Compared to Previous Month
-5%
Fewer Homes For Sale
home chart
10%
More Homes Sold
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Last month in April, housing in Torrance, CA ended with 70 homes being added to the market for sale, for a cumulative monthly total of 190 homes for sale - down -5% compared to March. Torrance, CA had a total of 99 homes sold for the month - up 10% from the month prior.

Detached led the way in homes sold with a total of 61 - down -3%, while attached totaled 38 in closed sales - up 32% from the month of March. The number of detached properties sold under 1500 square feet totaled 29 for the month of April, while homes from 1500 to 2000 square feet recorded 16 sales and homes sized from 2000 to 2500 square feet had 9 sales. While homes from 2500 to 3000 square feet square feet recorded 4 homes sold and homes from 3000 to 3500 square feet had 2 sales and homes from 4000 to 4500 square feet had 1 sales. The following ranges for detached homes all had no sales: 3500 to 4000, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 21, attached homes in the square feet range of 1500 to 2000 recorded 13 sales and attached properties from 2000 to 2500 square feet had a total of 3 homes sold. Attached properties from 2500 to 3000 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Torrance, CA?
August:
101 Homes Sold
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The last 12 month period for the city of Torrance, CA shows that the greatest number of homes were sold during the months of August 2023, March 2024 and April 2024. The months of August 2023, March 2024 and April 2024 had 101 - 89 and 99 homes sold, respectively, as compared to an average of 72 for the other months of the year.

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When do homes sell the fastest in Torrance, CA?
May:
11 Days On Market
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The last 12 month period for the city of Torrance, CA shows that homes sold the fastest during the months of May 2023, June 2023 and November 2023. The months of May 2023, June 2023 and November 2023 had 11 - 15 and 14 days on market, respectively, as compared to an average of 18 for the other months of the year.


Average Price Of Homes Sold In Torrance, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Torrance, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Torrance, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202448708999 - - - - - - - - 306
20234652777177878410189716064879
2022757110312610610910986817561721074
202178721281381151281301231441121001101378
20206190848047931051191281191011211148
20198250879712210110711611211888991179
20185952949510911212913211110797731170
201778711099210815598111112107107981246
Average Days On Market (DOM) In Torrance, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
202417261716 - - - - - - - - 19
202342233318111516191717141820
202217119810913151921243516
20212321171013107111113151013
202018302117152618171816141218
201930322728202023272223262625
201825231516161219161823182419
20172221191719132215152522818
Average Days From List To Close Of Escrow In Torrance, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
202462695657 - - - - - - - - 61
202387687962516066616457616965
202265514354485152565979669260
202184597251555655605656596160
202065786764677668676363716868
201980776674686366747171836972
201874676056565759586166656462
201787727168646066656272727069
Number of homes added to the market in Torrance, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024641079570 - - - - - - - - 336
2023677388109969310191100726246998
2022102981411031341248088797249451115
2021871001551181271191611231079886541335
20208614081651219012813011910581621208
20198794103109127118991178510464341141
201882931001201221371291179110779421219
20178888129116134121124109928169471198