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Torrance Home Sales Report for December 2011

Torrance CA Home Sales Update

The Torrance average home selling price was down by 1% in December '11 when compared to same period a year ago.The average home selling price was $542,963 in Torrance (Torrance proper only - Torrance PO not included) By comparison, average selling price in Torrance was $512,557 in November, $526,543 in October and it was $499,705 in September. This data indicates an upward price trend over last few months.

Number of sales was down by 3% after a huge over 40% spike in November.

The average single family home in Torrance sold for $581,725 down 6 % compared with same period a year ago, when it was $618,413

Torrance

Sold
Listings

Average
Sales Price

Average
DOM*

December 2011

65

$542,963

86

December 2010

85

$548,608

85

*All stats are compiled from the California Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. *DOM - days on market All stats are for Torrance proper - Torrance PO is not included.

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Posted Thursday Jan 19