Torrance CA April 2008 Home Sales

April 2008 home sales in Torrance
Average home price in Torrance was $617,660 compared with $639,040 in 2007, a 3.5 price drop. Average price went up by 6.4% on a month to month basis (compared with March '08). Total of 67 homes sold in April '08 compared with 127 homes sold in April '07. Sales are UP - has the market bottomed out?

Average DOM (days on market) was 65 - homes stayed on the market 29 days longer on average this year.
Highest priced home sold at $1,100,000; lowest at $230,000.

There are more foreclosure sales in Torrance this year pushing prices down. IT'S A GREAT TIME TO BUY!!
Contact me for a Foreclusure list in the Torrance area of your interest

For more information on Torrance real estate visit http://www.FantasticTorranceHomes.com or call me at 310-918-5027 for a free consultation!