Torrance CA March 2008 Home Sales

Located in beautiful Southern California on the edge of the Pacific Ocean, Torrance is both rich in history and cultural diversity, living up to the dreams of its founder. Just inland from the Palos Verdes Peninsula, it's just over 17 miles south of Downtown Los Angeles and 8 miles southeast from the Los Angeles International Airport (LAX). Zamperini Field Airport (Torrance Airport) provides private services.

Torrance is known for its cleanliness and the low crime rate. What an ideal setting to raise a family! And with Torrance Schools among the best in the country, it is easy to see why many people decide to invest in Torrance CA real estate.

Enjoy surfing, volleyball or walking along the Torrance Beach, 24 beautiful parks, tennis clubs, golf course, ball parks, South Bay Botanical Garden, wildlife spotting at Madrona Marsh and other outdoors activities during many sun filled days!

Needless to say, this thriving Southern California city has real estate which is attractive to both, first time home buyers and investors

Average home price in Torrance was $580,615 vs. $652,512 in Mar '07, 12% price decrease.

Total of 105 homes were sold in March '08 vs. 142 homes sold in Feb '06

Average DOM (days on the market) was 72 days compared with 62 DOM in March 2007.

Highest priced home sold at $1,199,000; lowest priced home sold at $259,000 in March '08.

We have seen substiantial increase in Open House traffice in March; the number of homes sold in March increased from 29 to 105! It might just a seasonal, springtime sales volume increase. We'll watch the April numbers to see if the upward trend continues.

For more information on Torrance CA Real Estate and Torrance CA Homes for sale, Free Torrance MLS, please visit http://www.FantasticTorranceHomes.com.

If you're thinking about selling, please call me at (310)918-5027 or visit http://www.SouthBayHouseValues.com for a Free Over-the-Net market analysis of your home!

Feel free to contact me anytime with any questions you might have regarding Torrance or Greater South Bay real estate. I hope to hear from you soon!