Below is the short summary of market data for January:

Total homes (residential properties) sold - 46 vs. 44 sold in January 2011

Average selling price - $632,810 vs. $719,559 a year ago (3.7% price drop)

Highest home sold - $1,549,000; Lowest - $254,

Single family homes sales and average prices were as follows:

Total sold - 17 compared with 18 houses sold a year ago in January '11

Average price - $753,421 compared with $789,406 ( 4.8% price drop)

Redondo Beach market has been moving sideways, which is even better illustrated by the chart below, showing median home prices. The January median price of $658,900 was 11.7% higher than just a month ago.

Wondering what your home is worth in today's market? Contact me at 310.918.5027 or via email at info@isellsouthbay.com.

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

*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.

Redondo Beach Market Report

South Torrance and Walteria Real Estate

Torrance is a coastal community in the South Bay area of Los Angeles. It's mild Mediteranean climate, family friendly neighborhoods, close proximity to Los Angeles, excellent schools, less known Torrance beach, make Torrance a great place to live. In Torrance, we have many neighborhoods and communities. Today, I'll focus on South Torrance and Walteria communities.

South Torrance and Walteria real estate comprise of mostly single family homes. Well established, tree lined neighborhoods are perfect for raising a family or to retire in. We have a limited nunber of condos or townhomes in South Torrance so they sell quickly.

Here is the summary of home for sale in the South Torrance and Walteria areas as of January 2012:

The inventory of homes for sale is very low, as it has been throughout last year as well.

Total of 17 single family homes are listed for sale, ranging from $372,500 to $1,399,000. The lowest priced home is a short sale and it's located on Pacific Coast Hwy in Walteria. The highest listed home is a beautiful 5 bd/5 ba 3,750 sq ft home in Seaside Ranchos.

Average single family home listed price is $709,191.

We only have one condo listed for sale in South Torrance. It's a 2 bd/2ba 55+ senior condo, located in the Courtyard Villa Estates senior community.

Please contact me anytime if you'd like a current list of homes for sale and Free listing updates.

Please contact your local Realtor - Krystyna Baty at (310)9158-5027 for more information on Torrance real estate or visit my Torrance website:

www.TorranceRealEstateOnline.com

South Bay Senior Condos For Sale - January 2012 Report

South Bay area of Los Angeles is known for its beautiful 55+ senior condo communities. Most of them are located in Torrance, but you can also find them in Redondo Beach, Rolling Hills Estates and Lomita.

Due to the changing demographics, the demand for senior condos has been strong. New 55+ condos that were built in the South Bay area sold out quickly. The availability of resales varies daily.

Here is the informaion on currently available 55+ senior condos for sale in the South Bay, Torrance, Redondo Beach and Rolling Hills (based on MLS data):

Total units available: 24

Torrance - 18

In Torrance, most units are 2 Beds/2 baths, but there are three 1 bd units available as of today. We have one 3 bd condo available at New Horizons.

2 bd units in Torrance range from $220,000 to $499,500

1 bd units start at #189,000

Redondo Beach - 4

The current availability in Redondo Beach is limited to 1 bd or 1 bd plus den condos but we will have a 3 bd available soon.

1 bd units range from $249,000 - $290,000.

Rolling Hills Estates - 2

The Rolling Hills Villas community has two spacious units available, prices range $584,900 - $599,900.

Lomita - 0

Lomita has one senior one level senior townhouse community - The Blue Rose Court - we expect to have one unit available soon.

FOR MORE INFORMATION ON SOUTH BAY SENIOR COMMUNITIES, THEIR LOCATIONS, AMENITIES, CALL (310) 918-5027 OR PLEASE VISIT

SOUTH BAY SENIOR COMMUNITY WEBSITE

Below is the galery of senior condos and communities photos.