Old Torrance Homes for sale

Currently there are only four homes for sale in Old Torrance. They are:

1230

Madrid Av

$455,000

2358

Sonoma St

$469,950

1920

Arlington Av

$475,000

1622

Beech Av

$679,000

WHAT HAS THE OLD TORRANCE REAL ESTATE MARKET BEEN DOING?

Date	10/07	11/07	12/07	1/08	2/08	3/08	4/08	5/08	6/08	7/08	8/08	9/08	10/08	11/08	12/08
For Sale	28	25	20	18	15	13	13	18	17	16	12	11	10	7	4
Sold	1	2	2	4	0	1	1	1	1	2	5	6	3	0	3
Pended	2	3	2	0	1	1	1	0	4	5	6	3	1	1	2
Months of Inventory based on Closed Sales	28.0	12.5	10.0	4.5	n/a	13.0	13.0	18.0	17.0	8.0	2.4	1.8	3.3	n/a	1.3
Months of Inventory based on Pended Sales	14.0	8.3	10.0	n/a	15.0	13.0	13.0	n/a	4.3	3.2	2.0	3.7	10.0	7.0	2.0
Avg. Active Price	693	660	638	640	634	609	640	650	643	630	620	536	525	614	565
Avg. Sld Price	525	627	593	712	0	775	620	625	650	590	489	560	427	0	426
Avg. Sq. Ft. Price	438	471	375	336	0	406	371	378	366	501	386	365	283	0	429
Sold/List Diff. %	95	98	95	95	0	98	95	97	94	99	98	99	99	0	98
Sold/Orig LP Diff. %	88	98	86	93	0	95	90	97	94	99	98	99	99	0	98
Days on Market	79	16	90	35	0	169	75	12	35	26	55	25	62	0	67
Avg CDOM	80	17	44	33	0	162	103	48	35	27	70	27	65	0	68
Median Price	525	628	594	660	0	775	620	625	650	590	495	550	255	0	425

*All reports are published Jan. 2009, based on data available at the end of Dec. 2008.
All reports presented are based on data supplied by the South Bay Association of Realtor or its MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Months of Inventory based on Closed Sales