![]() |
|
|
The Torrance average sales price decreased 7 percent in March 2009 compared to March 2008, bringing the average price to $519,707. The number of sales remained the sale at 74 closed sales. Meanwhile, the average market time increased from 69 days to 72 days in 2008.
| Torrance | Sold Listings |
Average Sales Price |
Average DOM |
| March 2009 | 74 | $519,707 | 72 |
| March 2008 | 74 | $556,564 | 69 |
*All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.
Increased sales in Torrance reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices. Average home price in Torrance continued to slide till January and rose in February and March as follows: November 2008 - $790,493, December 2008 - $478,307, January 2009 - $451,563, February 2009 - $477,944, March 2009 - $519,707. Has the market bottomed out?
If you want to learn more about South Bay and Los Angeles County real estate, please contact us at 310-918-5027
To begin searching for Los Angeles county homes, please use our Los Angeles County MLS search
![]() |
|
|
In the 1st Qtr this year, 6 homes sold in Walteria, with the avg price of $611,150 compared with 10 homes sold a year ago and the avg pric of $757,095.
Average DOM (days on the market) was same as a year ago - 78 days. Prices dropped on average 23.8% and sales dropped as well. Sales were much stronger in other parts of Torrance - see Torrance real estate market update.
| Torrance-Walteria | Sold Listings |
Average Sales Price |
Average DOM |
| 1st QTR 2009 | 6 | $611,150 | 78 |
| 1st QTR 2008 | 10 | $757,095 | 78 |
*All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.
Increased sales in Torrance reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices.
Visit http://www.isellsouthbay.com/walteria-ca-real-estate.html for more information on Torrance -Walteria CA Real Estate and up to date real estate market updates!
If you want to learn more about South Bay and Los Angeles County real estate, please contact us at 310-918-5027 To begin searching for Los Angeles county homes, please use our Los Angeles County MLS search Get FREE Home Evaluation
Recently sold in Walteria
Please call or email me anytime for market update on any South Bay neighborhood and I'll get back to you today!
![]() |
|
We may have to create a safe way for people who lease properties to KNOW the person taking their money is the rightful owner. It came up first in a REMAX PV EXECS meeting. Our broker told about the word coming out this was happening. People were misrepresenting ownershop, taking deposits and taking off with the money. I heard it first hand today from a local couple in Torrance . Someone who was forced to leave his home turned around a falsly took money from innocent people trying to lease.

CAR is requiring the new business cards to have the realtors number listed. Many properties locally are with westside rental. It is free and any owner can get them the property info. Search out the proof that they can provide you to be sure of the ownership. Be safe with qualified business people and companies.
There are good people all over the place. The few cheaters out there require you to really verify and be sure of the people you are dealing with.
Bank Owned, REO, and forclosures are out there. Make sure you are not renting one by a fake owner.

![]() |
|
|








2605 sepulveda #328, torrance
Best location with views of the Palos Verdes Peninsula. This is a light, bright and sunny unit with a master bedroom suite and adjoining den. With wood laminate floors and plantation shutters, there is a warm and welcoming feeling about this home. This complex features a pool, courtyard, large recreation room with pool table, work out room and manicured grounds. The parking place is ideally located near the elevator.
1 BEDROOM PLUS DEN
2 BATHS
993 SQ.FT
BUILT IN 2003
LISTED FOR $380,000
![]() |
|
|

ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved